Failure to Pay Indebtedness. Any of the Secured Indebtedness is not paid within five (5) days after the date as and when due, regardless of how such amount may have become due.
Appears in 7 contracts
Samples: Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Cellteck Inc.), Lowcal Agreements (Cellteck Inc.), Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Cellteck Inc.)
Failure to Pay Indebtedness. Any of the Secured Indebtedness is not paid within five ten (510) days after the date as and when due, regardless of how such amount may have become due.
Appears in 4 contracts
Samples: Oil & Gas Services Agreement, Warrant to Purchase Common Stock, Loan Agreement and Secured Promissory Note, Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Cellteck Inc.), Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Cellteck Inc.), Leasehold Mortgage, Assignment, Security Agreement and Fixture Filing (Compx International Inc)
