Event of Default

Event of Default. Means any circumstance set out in Clause 12.1 (Events of Default) hereof.

Event of Default. Shall have the meaning set forth in the Note.

Event of Default. Means the occurrence of any

Event of Default. The meaning set forth in Article 7 hereof

Event of Default. Has the meaning set forth in the Note, as applicable

Event of Default. Means any one of the following events (whatever the reason and whether it shall be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order of any court, or any order, rule or regulation of any administrative or governmental body): (i) the Company shall fail to pay, when the same becomes due and payable, principal in respect of this Debenture; (ii) the Company shall fail to pay, when the same becomes due and payable, interest, premiums, fees or other... amounts in respect of this Debenture which failure continues unremedied for a period of five (5) Business Days after the date on which such payment is due; (iii) any of the Company's representations and warranties set forth in the Purchase Agreement shall be incorrect in any material respect as of the Original Issue Date; (iv) the occurrence of a Bankruptcy Event; (v) so long as this Debenture is held by Steven Madden, Ltd., failure to pay when due $100,000 if and when payable to Steven Madden, Ltd. in respect of the Company's obligations in respect of the Security Instrument; (vi) one or more judgments for the payment of money in an aggregate amount in excess of $1,000,000 shall be rendered against the Company and the same shall remain undischarged and unbonded for a period of thirty (30) consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of the Company to enforce such judgment. View More

Event of Default. Shall have the meaning given to that term in the Security Instruments.

Event of Default. An Event of Default as defined in the Securities Purchase Agreement

Event of Default. The words "Event of Default" shall have the meaning set forth in the Note Purchase Agreement.