Common use of Default on Indebtedness Clause in Contracts

Default on Indebtedness. Failure of Grantor to make any payment when due on the Indebtedness.

Appears in 36 contracts

Samples: Mortgage, Mortgage, Commercial Security Agreement (Sealand Natural Resources Inc)

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Default on Indebtedness. Failure of Grantor to make any payment when due on the Indebtednessindebtedness.

Appears in 9 contracts

Samples: Pledge Agreement (Granite Falls Energy, LLC), Pledge Agreement (Granite Falls Energy, LLC), Assignment of Rents

Default on Indebtedness. Failure of Grantor to make any payment when due on the Indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Autoweb Com Inc)

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Default on Indebtedness. Failure of Grantor to make any payment when due on the IndebtednessIndebtedness or any portion thereof.

Appears in 1 contract

Samples: Commercial Security Agreement (Pods Inc)

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