Common use of Default Related Provisions Clause in Contracts

Default Related Provisions. Following the occurrence and continuance of an Event of Default beyond any applicable cure period hereunder, the Borrower shall deliver to Holder the Borrower’s stock purchase warrant, for the purchase of 109,649 shares of the Borrower’s common stock, on the same terms and conditions, and exercise price of $1.14 per share, as the Stock Purchase Warrant issued to Current Asset Management LLC concurrently with the execution and delivery of this Note.

Default Related Provisions. Following the occurrence and continuance of an Event of Default beyond any applicable cure period hereunder, the Borrower shall deliver to Holder the Borrower’s stock purchase warrant, for the purchase of 109,649 54,825 shares of the Borrower’s common stock, on the same terms and conditions, and exercise price of $1.14 per share, as the Stock Purchase Warrant issued to Current Asset Geduld Capital Management LLC concurrently with the execution and delivery of this Note.

Default Related Provisions. Following the occurrence and continuance of an Event of Default beyond any applicable cure period hereunder, the Borrower shall deliver to Holder the Borrower’s stock purchase warrant, for the purchase of 109,649 21,930 shares of the Borrower’s common stock, on the same terms and conditions, and exercise price of $1.14 per share, as the Stock Purchase Warrant issued to Current Asset Management LLC ▇▇▇▇▇ ▇▇▇▇▇▇ Revocable Trust concurrently with the execution and delivery of this Note.