definiens: shall mean any period of time during which(a ) any portion of the Secured Obligations ( as such term is defined herein ) remains due and unpaid;(b ) there has occurred and is continuing a material breach of any representation, warranty or covenant of theAssignment Agreement, which breach remains uncured for 30 days from the earlier of ( i ) the date that the Companyhas knowledge of such breach and ( ii ) receipt by the Company of a Notice of Breach from the Purchaser . During such30 - day cure period, the Parties shall negotiate in good faith in an attempt to resolve such material breach toPurchaser ’s reasonable satisfaction . If such material breach is not curable within said 30 - day period, but the Companyis diligently and continuously attempting to cure such breach, then such 30 - day cure period shall be extended for anadditional 30 - day period ( but only so long as the Company is diligently and continuously attempting to cure suchbreach during such additional 30 - day period ) . If such material breach is not cured by the time of the expiration of suchcure period ( including any extension of such cure period pursuant to the immediately preceding sentence ), theSecurities Agreement Remedies Period for purposes of this subsection ( b ) shall not commence until the fourthbusiness day after the day that Purchaser notifies the Company in writing that such breach has not been cured by theexpiration of the cure period and that Purchaser intends to exercise its rights and remedies under this SecurityAgreement ; or(c ) a Bankruptcy Event ( as defined in the Assignment Agreement ) shall have occurred and be continuing