Default. The occurrence of any of the following events of default (each, an “Event of Default”) shall, at the option of the Holder thereof, make all principal and interest (to the extend accrued) then remaining unpaid hereon and all other amounts payable hereunder immediately due and payable, upon written demand, without presentment, or grace period, all of which hereby are expressly waived, except as set forth below:

Default. No Default shall exist, or would result from such proposed Credit Extension or from the application of the proceeds thereof.

Default. Prompt written notice of the occurrence of a Default or Event of Default; and

Default. The existence or occurrence of any one or more of the following will constitute an “Event of Default” under this Note:

Default. A party will be deemed in default under this Agreement if, subject to [Section 10.5], such party fails to perform any obligation required to be performed by it under this Agreement or breaches any representation, warranty or other obligation hereunder and fails to cure any such failure within sixty (60) days after notice from the other party. If a party is in default as specified in this [Section 5.2], the other party may terminate this Agreement and may pursue any remedy under this Agreement or otherwise available to such party.

Default. A default under this Agreement shall constitute an Event of Default under the Note and other Loan Documents.

Default. Dealers hereby acknowledge and agree that this Amendment is a Loan Document, and a Default hereunder shall constitute a Default under the LSA.

Default. The occurrence of any of the following (each, an “Event of Default”), shall constitute a default hereunder:

Default As of the Advance Date or the issuance date of a Letter of Credit, as the case may be, no Event of Default or Potential Default shall have occurred and be continuing, and the disbursing of the amount of the Advance requested shall not result in an Event of Default or Potential Default

Default. If NovAccess fails to repay all amounts loaned under this Agreement on the Due Date, then the balance shall bear interest at 10% per annum and NovAccess agrees to pay, in addition to the principal and interest, reasonable attorneys’ fees and collection costs incurred by Anderson.