Common use of Financial Information Default Clause in Contracts

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's ’s account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event the Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, the Company shall pay Laurus a fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to the Company's account upon the occurrence of each such failure. Such fee shall not apply in the case where such failure of timely delivery was due to reasonable cause.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' reasonable satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company or any Eligible Subsidiary fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company and the Eligible Subsidiaries shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's and the Eligible Subsidiaries' account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event Company or any Eligible Subsidiary fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company and the Eligible Subsidiaries shall pay Laurus a an aggregate fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's ’s and the Eligible Subsidiaries account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event the Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, the Company shall pay Laurus a fee in the amount of $500.00 750.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to the Company's account upon the occurrence of each such failure. Such fee shall not apply in the case where such failure of timely delivery was due to reasonable cause.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company or any Eligible Subsidiary fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company and the Eligible Subsidiaries shall pay Laurus a an aggregate fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's and the Eligible Subsidiaries account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence written notice by Laurus to Company of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event the Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, the Company shall pay Laurus a fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ satisfaction or waived in writing by Laurus. Such fee shall be charged to the Company's ’s account upon the occurrence of each such failure. Such fee shall not apply in the case where such failure of timely delivery was due to reasonable cause.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 11(c) on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 400.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's ’s account upon the occurrence of each such failure.

Financial Information Default. Without affecting ----------------------------- Laurus' other rights and remedies, in the event Company fails Companies fail to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company Companies shall pay Laurus a fee in the aggregate amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's Companies' account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event any Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company Companies shall jointly and severally pay Laurus a an aggregate fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's Companies’ account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event the Company fails to deliver the financial information required by Section 11 15 on or before the date required by this Agreement, the Company shall pay Laurus a an aggregate fee in the amount of $US$500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to the Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event the Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, the Company shall pay Laurus a fee in the amount of $500.00 250.00 per week (or portion thereof) for each such failure failure, , until such failure is cured to Laurus' reasonable satisfaction or waived in writing by Laurus. Such fee shall be charged to the Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver or make available in its SEC filings the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus provided, however, that filing such financial information by the Company with the SEC shall de deemed to constitute simultaneous delivery of such information to Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event any Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company Companies shall jointly and severally pay Laurus a an aggregate fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's Companies’ account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' ’ other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' ’ reasonable satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's ’s account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company or any Eligible Subsidiary fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company and the Eligible Subsidiaries shall pay Laurus a an aggregate fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's and the Eligible Subsidiaries account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company Borrower fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event the Company fails to deliver the financial information required by Section 11 17 on or before the date required by this Agreement, the Company shall pay Laurus a an aggregate fee in the amount of $US$500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' satisfaction or waived in writing by Laurus. Such fee shall be charged to the Company's account upon the occurrence of each such failure.

Financial Information Default. Without affecting Laurus' other rights and remedies, in the event Company fails to deliver the financial information required by Section 11 on or before the date required by this Agreement, Company shall pay Laurus a fee in the amount of $500.00 per week (or portion thereof) for each such failure until such failure is cured to Laurus' reasonable satisfaction or waived in writing by Laurus. Such fee shall be charged to Company's account upon the occurrence of each such failure.