Events of Default. The occurrence of any one or more of the following shall constitute an Event of Default hereunder.

Events of Default. An “Event of Default” will occur if:

Events of Default. The occurrence of any of the following shall constitute a default of this Lease by Tenant:

Events of Default. The occurrence of any of the following events shall constitute an “Event of Default” under any Loan Document:

Events of Default. The happening of any one or more of the following events shall constitute an Event of Default hereunder: # the nonpayment when due of any of the Secured Obligations which nonpayment is not fully cured within the applicable grace period therefor, if any; # the failure to perform, observe or fulfill any covenant or obligation contained in, or the occurrence of an event of default under, any of the Credit Documents, which failure or default is not fully cured within the applicable grace period therefor, if any; or # the occurrence of an Event of Default (as defined in the Credit Agreement).

Events of Default. Any of the following events or conditions shall constitute an “Event of Default”: # failure by the [[Organization A:Organization]] to pay when due (whether at the stated maturity, by acceleration, upon demand or otherwise) the Obligations, or any part thereof, or there occurs any event or condition which after notice, lapse of time or after both notice and lapse of time will permit acceleration of any Obligation; # default by the [[Organization A:Organization]] in the performance of any obligation, term or condition of this Agreement, the other Transaction Documents or any other agreement with the ​ or any of its affiliates or subsidiaries (collectively, “Affiliates”); # failure by the [[Organization A:Organization]] to pay when due (whether at the stated maturity, by acceleration, upon demand or otherwise) any indebtedness or obligation owing to any third party or any Affiliate, the occurrence of any event which could result in acceleration of payment of any such indebtedness or obligation or the failure to perform any agreement with any third party or any Affiliate; # the [[Organization A:Organization]] is dissolved, becomes insolvent, generally fails to pay or admits in writing its inability generally to pay its debts as they become due; # the [[Organization A:Organization]] makes a general assignment, arrangement or composition agreement with or for the benefit of its creditors or makes, or sends notice of any intended, bulk sale; the sale, assignment, transfer or delivery of all or substantially all of the assets of the [[Organization A:Organization]] to a third party; or the cessation by the [[Organization A:Organization]] as a going business concern; # the [[Organization A:Organization]] files a petition in bankruptcy or institutes any action under federal or state law for the relief of debtors or seeks or consents to the appointment of an administrator, receiver, custodian or similar official for the wind up of its business (or has such a petition or action filed against it and such petition action or appointment is not dismissed or stayed within forty-five (45) days; # the reorganization, merger, consolidation or dissolution of the [[Organization A:Organization]] (or the making of any agreement therefor); # the death or judicial declaration of incompetency of the [[Organization A:Organization]], if an individual; # the entry of any judgment or order of any court, other governmental authority or arbitrator against the [[Organization A:Organization]] which ​ in good faith determines shall have a material adverse effect on the [[Organization A:Organization]] or the [[Organization A:Organization]]’s ability to pay or perform the Obligations; # falsity, omission or inaccuracy of facts submitted to the ​ or any Affiliate (whether in a financial statement or otherwise); # an adverse change in the [[Organization A:Organization]], its business, assets, operations, affairs or condition (financial or otherwise) from the status shown on any financial statement or other document submitted to the ​ or any Affiliate, and which change the ​ determines will have a material adverse effect on # the [[Organization A:Organization]], its business, assets, operations or condition (financial or otherwise), or # the ability of the [[Organization A:Organization]] to pay or perform the Obligations; # any pension plan of the [[Organization A:Organization]] fails to comply with applicable law or has vested unfunded liabilities that, in the opinion of the ​, might have a material adverse effect on the [[Organization A:Organization]]’s ability to repay its debts; # failure of the [[Organization A:Organization]] to supply new or additional collateral within ten (10) days of request by the ​; # the occurrence of any event described in sub-paragraph(i) through and including(xiii) hereof with respect to any Subsidiary or to any endorser, guarantor or any other party liable for, or whose assets or any interest therein secures, payment of any of the Obligations; or # the ​ in good faith deems itself insecure with respect to payment or performance of the Obligations.

Upon the occurrence of any of the following events:

Events of Default. It is further understood that the following defaults shall constitute events of default hereunder and are hereinafter referred to as an “Event of Default” or “Events of Default”: # the failure of the Borrower to pay any principal amounts within three (3) Business Days of when due hereunder, # a material default in the performance of any of the other agreements, conditions, covenants, provisions or stipulations contained herein, # any bankruptcy, insolvency, reorganization or liquidation proceedings or other proceedings for the relief of debtors or dissolution proceedings shall be instituted by or against the Borrower and shall not be dismissed within thirty (30) days of their initiation, or # any representation or warranty made herein proves to be untrue in any material respect as of the date of making or deemed making thereof.

Events of Default. An “Event of Default” is: # a default in payment of any amount due hereunder which default continues for more than 5 Trading Days after the due date; # a default in the timely issuance of underlying shares upon and in accordance with terms of [Section 1.00], which default continues for 2 Trading Days after [[Organization A:Organization]] has failed to issue shares or deliver stock certificates within the 3rd Trading Day following the Conversion Date; # if [[Organization A:Organization]] does not issue the press release or file the Current Report in accordance with the provisions and the deadlines referenced [Section 4.00(h)]; # failure by [[Organization A:Organization]] for 3 days after notice has been received by [[Organization A:Organization]] to comply with any material provision of this Note; # failure of [[Organization A:Organization]] to remain compliant with DTC, thus incurring a “chilled” status with DTC; # any default of any mortgage, indenture or instrument which may be issued, or by which there may be secured or evidenced any indebtedness, for money borrowed by [[Organization A:Organization]] or for money borrowed the repayment of which is guaranteed by [[Organization A:Organization]], whether such indebtedness or guarantee now exists or shall be created hereafter; # if [[Organization A:Organization]] is subject to any Bankruptcy Event; # any failure of [[Organization A:Organization]] to satisfy its “filing” obligations under Securities Exchange Act of 1934, as amended (the “1934 Act”) and the rules and guidelines issued by OTC Markets News Service, OTCMarkets.com and their affiliates; # failure of [[Organization A:Organization]] to remain in good standing under the laws of the State of Delaware; # any failure of [[Organization A:Organization]] to provide [[Organization B:Organization]] with information related to its corporate structure including, but not limited to, the number of authorized and outstanding shares, public float, etc. within 1 Trading Day of request by [[Organization B:Organization]]; # failure by [[Organization A:Organization]] to maintain the Required Reserve in accordance with the terms of [Section 1.00(e)]; # failure of Company’s Common Stock to maintain a closing bid price in its Principal Market for more than 3 consecutive Trading Days; # any delisting from a Principal Market for any reason; # failure by Company to pay any of its Transfer Agent fees in excess of $2,000 or to maintain a Transfer Agent of record; # failure by Company to notify [[Organization B:Organization]] of a change in Transfer Agent within 24 hours of such change; # any trading suspension imposed by the United States Securities and Exchange Commission (the “SEC”) under [Sections 12(j) or 12(k)])] of the 1934 Act; # failure by [[Organization A:Organization]] to meet all requirements necessary to satisfy the availability of Rule 144 to [[Organization B:Organization]] or its assigns, including but not limited to the timely fulfillment of its filing requirements as a fully-reporting issuer registered with the SEC, requirements for XBRL filings, and requirements for disclosure of financial statements on its website; # failure by [[Organization A:Organization]] to file with the SEC within 90 days of the Issuance Date of this Note a registration statement covering 300% of the shares underlying this Note or the maximum amount allowed by the SEC; or # failure by [[Organization A:Organization]] to have a registration statement covering the shares underlying this Note to be declared effective by the SEC by the 210th date from the Issuance Date of this Note.

EVENTS OF DEFAULT. The occurrence of the Company’s failure to pay # when due any principal payment on the due date hereunder or # any interest payment or other payment required under the terms of this Note on the date due and such payment shall not have been made within five (5) business days of the Company’s receipt of written notice to the Company of such failure to pay, in either case, shall constitute an “Event of Default.” Upon the occurrence and during the continuance of any Event of Default, the principal amount of the Note outstanding and, to the extent permitted by applicable law, any interest payments on the Notes owed hereunder that, in either case, are then due and owing, shall thereafter bear interest payable on demand at a rate that is 10.0% per annum in excess of the interest rate otherwise payable hereunder with respect to the Note.