Common use of Default Payment Date Clause in Contracts

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”).

Appears in 10 contracts

Samples: Secured Convertible Minimum Borrowing Note (Maxim Mortgage Corp/), Secured Revolving Note (Conversion Services International Inc), Secured Convertible Term Note (Maxim Mortgage Corp/)

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Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 ("Default Payment Date").

Appears in 9 contracts

Samples: Secured Revolving Note (Conversion Services International Inc), Secured Convertible Term Note (Thomas Equipment, Inc.), Secured Convertible Note (Global Digital Solutions Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”)3.1.

Appears in 8 contracts

Samples: Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 5 contracts

Samples: Secured Revolving Note (Conversion Services International Inc), Secured Convertible Minimum Borrowing Note (Bp International Inc), Secured Convertible Minimum Borrowing Note (Catalyst Lighting Group Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”)4.1 hereof.

Appears in 3 contracts

Samples: Convertible Note (RespireRx Pharmaceuticals Inc.), Convertible Note (RespireRx Pharmaceuticals Inc.), Convertible Note (RespireRx Pharmaceuticals Inc.)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 5.4 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 2 contracts

Samples: Secured Convertible Term Note (Return on Investment Corp), Secured Convertible Note (Return on Investment Corp)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.1 (“Default Payment Date”).

Appears in 2 contracts

Samples: Secured Revolving Note (Digital Lifestyles Group Inc), Secured Convertible Revolving Note (Comc Inc)

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Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.1 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 2 contracts

Samples: Secured Revolving Note (Catalyst Lighting Group Inc), Secured Revolving Note (Bp International Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.1 ("Default Payment Date").

Appears in 1 contract

Samples: Secured Revolving Note (Digital Lifestyles Group Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.4 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 1 contract

Samples: Secured Revolving Note (Return on Investment Corp)

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