Default Under Promissory Note Clause Samples
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Default Under Promissory Note. If there is any failure to make any principal or interest payment or any other monetary payment, including, but not limited to, nonpayment of any Rate Management Obligations, when due beyond any applicable cure period as required in the Note, or this Agreement; or
Default Under Promissory Note. If there is any failure to make any principal or interest payment or any other monetary payment when due as required in the Note, this Agreement or any of the Loan Documents; or
Default Under Promissory Note. The Corporation defaults in the payment of any Principal Amount or any interest owing under this Promissory Note as and when it becomes due and payable, whether at the Maturity Date or otherwise, or any other amount due under this Promissory Note, and any such default with respect to the nonpayment of interest under this Promissory Note continues for five (5) Business Days thereafter;
Default Under Promissory Note. Any failure to make any payment required in the promissory note; or
Default Under Promissory Note. Failure by Borrower to pay, as and when due and payable, any installment of interest, principal or any other payment required to be paid by the Mortgage, the Note hereby secured or any other Loan Documents, after the expiration of any applicable grace period; or
Default Under Promissory Note. Failure by Borrower to pay, within fifteen (15) days when due and payable, any installment of interest:, principal or any other payment required to be paid by this Loan Agreement, the Mortgage, the Note or any other Loan Documents; or