Common use of CONDITIONS OF DEFAULT Clause in Contracts

CONDITIONS OF DEFAULT. We may consider you to be in default if (a) we do not receive a required payment when due, including the minimum payment, by the date shown on your Statement; (b) you fail to comply with the terms of this Agreement; (c) you make any false or misleading statements or omissions on your application; (d) you file a bankruptcy petition or have one filed against you; (e) we obtain information that causes us to believe that you may be unwilling or unable to pay your debts to us or to others on time including, but not limited to, your failure to make any payment to us on any other indebtedness or loan or the occurrence of default on any agreement securing the obligations hereunder, including the Personal Guaranty; (f ) you are declared incompetent by a court or a court appoints a guardian/conservator for you or your assets; (g) as applicable, the Company is dissolved or otherwise no longer functions as a business organization or you die; or, (h) as applicable, the Personal Guaranty is terminated, whether by revocation of the Guarantor or otherwise. If we consider your Account to be in default, we may close your Account without notice and require you to pay the balance in a manner permitted by law (subject to applicable law regarding notice or right to cure). To the extent permitted by law, if you are in default you will pay our collections costs, attorneys’ fees, court costs, and all other expenses of enforcing our rights under this Agreement.

CONDITIONS OF DEFAULT. We may consider you to be in default if (a) we do not receive a required payment when due, including the minimum payment, payment by the date shown on your Statement; (b) you fail to comply with the terms of this Agreement; (c) you make any false or misleading statements or omissions on your application; (d) you file a bankruptcy petition or have one filed against you; (e) any attachment or garnishment proceedings are initiated against you; we obtain information that causes us to believe that you may be unwilling or unable to pay your debts to us or to others on time including, but not limited to, your failure to make any payment to us on any other indebtedness or loan or the occurrence of default on any agreement securing the obligations hereunder, including the Personal Guarantyloan; (f ) you are declared incompetent by a court or a court appoints a guardian/conservator for you or your assets; (g) as applicablewe, in good faith, believe the Company prospect of your payment or performance under this Agreement is dissolved impaired; you fail or otherwise no longer functions as a business organization refuse to provide current financial information to us when we request it; you attempt to use the Card or Account for purchases other than those permitted under this Agreement; or you die; or, (h) as applicable, the Personal Guaranty is terminated, whether by revocation of the Guarantor or otherwise. If we consider your Account to be in default, we may close your Account account without notice and require you to pay the balance in a manner permitted by law (subject to applicable law regarding notice or right to cure). To the extent permitted by law, if you are in default you will pay our collections costs, attorneys’ fees, court costs, and all other expenses of enforcing our rights under this Agreement.

CONDITIONS OF DEFAULT. We may consider you to be in default if (a) we do not receive a required payment when due, including the minimum payment, payment by the date shown on your Statement; (b) you fail to comply with the terms of this Agreement; (c) you make any false or misleading statements or omissions on your application; (d) you file a bankruptcy petition or have one filed against you; (e) we obtain information that causes us to believe that you may be unwilling or unable to pay your debts to us or to others on time including, but not limited to, your failure to make any payment to us on any other indebtedness or loan or the occurrence of default on any agreement securing the obligations hereunder, including the Personal Guarantyloan; (f ) you are declared incompetent by a court or a court appoints a guardian/guardian/ conservator for you or your assets; or (g) as applicable, the Company is dissolved or otherwise no longer functions as a business organization or you die; or, . Cardholder Agreement (hContinued) as applicable, the Personal Guaranty is terminated, whether by revocation of the Guarantor or otherwise. If we consider your Account to be in default, we may close your Account without notice and require you to pay the balance in a manner permitted by law (subject to applicable law regarding notice or right to cure). To the extent permitted by law, if you are in default you will pay our collections costs, attorneys’ fees, court costs, and all other expenses of enforcing our rights under this Agreement.

CONDITIONS OF DEFAULT. We may consider you to be in default if (a) we do not receive a required payment when due, including the minimum payment, payment by the date shown on your Statement; (b) you fail to comply with the terms of this Agreement; (c) you make any false or misleading statements or omissions on your application; (d) you file a bankruptcy petition or have one filed against you; (e) we obtain Cardholder Agreement (Continued) information that causes us to believe that you may be unwilling or unable to pay your debts to us or to others on time including, but not limited to, your failure to make any payment to us on any other indebtedness or loan or the occurrence of default on any agreement securing the obligations hereunder, including the Personal Guarantyloan; (f ) you are declared incompetent by a court or a court appoints a guardian/guardian/ conservator for you or your assets; or (g) as applicable, the Company is dissolved or otherwise no longer functions as a business organization or you die; or, (h) as applicable, the Personal Guaranty is terminated, whether by revocation of the Guarantor or otherwise. If we consider your Account to be in default, we may close your Account without notice and require you to pay the balance in a manner permitted by law (subject to applicable law regarding notice or right to cure). To the extent permitted by law, if you are in default you will pay our collections costs, attorneys’ fees, court costs, and all other expenses of enforcing our rights under this Agreement.