Common use of Non-Payment of Obligations Clause in Contracts

Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount of this Debenture as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 7 contracts

Samples: Convertible Debenture (Balance Labs, Inc.), Escrow Agreement (Wizard World, Inc.), Wizard World, Inc.

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Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount and Interest of this Debenture Note as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 2 contracts

Samples: New America Energy Corp., New America Energy Corp.

Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount principal or accrued interest of this Debenture Note as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 2 contracts

Samples: Enhance Biotech Inc, Enhance Biotech Inc

Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount of of, or accrued but unpaid interest on, this Debenture as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 2 contracts

Samples: Convertible Debenture (Sports Field Holdings, Inc.), MamaMancini's Holdings, Inc.

Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount of this Debenture Loan and interest at the Applicable Rate as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 1 contract

Samples: Hardwired Interactive, Inc.

Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount Principal, Interest, or the Transaction Fee in respect of this Debenture Note, as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 1 contract

Samples: Lithium Exploration Group, Inc.

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Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount of of, or accrued but unpaid interest on, this Debenture Note as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 1 contract

Samples: Kannalife Inc

Non-Payment of Obligations. The Company shall default in the payment of the Principal Outstanding Amount of this Debenture as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 1 contract

Samples: Axxess Pharma Inc.

Non-Payment of Obligations. The Company shall default in the payment of the Principal Amount of this Debenture Note as and when the same shall become due and payable, whether by acceleration or otherwise.

Appears in 1 contract

Samples: Vizconnect, Inc.

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