Common use of Default in other accounts Clause in Contracts

Default in other accounts. There is a default in the payment of any monies under the accounts of any other party for which the Borrower/the Security Party is providing security or guarantee; or

Appears in 6 contracts

Samples: Loan Agreement, www.cimb.com.my, www.cimb.com.my

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Default in other accounts. There is a default in the payment of any monies under the accounts of any other party for which the Borrower/Borrower and/or the Assignor and/or any Security Party is and/or any Associated Party are providing security or guarantee; or.

Appears in 3 contracts

Samples: www.uob.com.my, Loan Agreement, www.uob.com.my

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Default in other accounts. There is a default in the payment of any monies under the accounts of any other party for which the Borrower/Borrower and/or the Security Party is providing security or guarantee; or

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

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