Payment of Principal. The "Maturity Date" shall be two years from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 14 contracts
Samples: Gold Lakes Corp., MMEX Resources Corp, MyDx, Inc.
Payment of Principal. The "Maturity Date" shall be two years one year from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 4 contracts
Samples: AnythingIT, Inc., Hangover Joe's Holding Corp, Co-Signer, Inc.
Payment of Principal. The "Maturity Date" shall be two years one year from the date of each payment investment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 3 contracts
Samples: Force Protection Video Equipment Corp., Soul & Vibe Interactive Inc., Soul & Vibe Interactive Inc.
Payment of Principal. The "“Maturity Date" ” shall be two years from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 2 contracts
Samples: MMEX Resources Corp, Saleen Automotive, Inc.
Payment of Principal. The "Maturity Date" shall be two years from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 11 ) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1I ) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: Las Vegas Railway Express, Inc.
Payment of Principal. The "Maturity Date" shall be two years from the date of each payment of the Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: Blue Water Global Group, Inc.
Payment of Principal. The "Maturity Date" shall be two years one year from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: Max Sound Corp
Payment of Principal. The "Maturity Date" shall be two years from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1I) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: Rocky Mountain High Brands, Inc.
Payment of Principal. The "Maturity Date" shall be two years one year from the date of each payment of Consideration, Consideration as may be extended at the option of the Holder in the event that, that and for so long as, . an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1l) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: IDS Industries, Inc.
Payment of Principal. The "“Maturity Date" ” shall be two years one year from the date of each payment of Consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: Windstream Technologies, Inc.
Payment of Principal. The "Maturity Date" shall be two years one year from the date of each payment of Considerationthe consideration, as may be extended at the option of the Holder in the event that, and for so long as, an Event of Default (as defined below) shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) or any event shall not have occurred and be continuing on the Maturity Date (as may be extended pursuant to this Section 1) that with the passage of time and the failure to cure would result in an Event of Default.
Appears in 1 contract
Samples: SearchCore, Inc.
