TIME IS OF THE ESSENCE WITH RESPECT TO ANY PAYMENT DUE HEREUNDER. The Issuer shall be in default hereunder if any payment is not made in a timely manner, without any right to cure unless such right to cure is granted by the Holder in each instance; provided, however, that the grant of such right is in the sole discretion of the Holder and may be withheld for any reason or for no reason whatsoever with the exception that in all cases the Issuer shall be entitled to at least a 3 business day period to cure any notified default.
Appears in 2 contracts
Sources: Convertible Promissory Note (The3rdBevco Inc.), Convertible Promissory Note (The3rdBevco Inc.)