Common use of Default Under Loan Agreement Clause in Contracts

Default Under Loan Agreement. If an Event of Default occurs or exists under the terms of Grantor's Loan Agreement in favor of Lxxxxx. Default Under the Note. Should Grantor default in the payment of principal or interest under the Note or any of the Indebtedness. Default Under this Agreement. Should Grantor violate, or fail to comply fully with any of the terms and conditions of, or default under this Agreement, Default Under other Agreements. Should any default occur or exist under any Related Document which directly or indirectly secures repayment of any of the Indebtedness.

Appears in 3 contracts

Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (Premier Financial Bancorp Inc)

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Default Under Loan Agreement. If an Event of Default occurs or exists under the terms of Grantor's Loan Agreement in favor of Lxxxxx. Default Under the Note. Should Grantor default in the payment of principal or interest under the Note or any of the Indebtedness. Default Under this Agreement. Should Grantor violate, or fail to comply fully with any of the terms and conditions of, or default under this Agreement, Default Under other Agreements. Should any default occur or exist under any Related Document which directly or indirectly secures repayment of any of the Indebtedness.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc)

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