Common use of Failure to Pay Principal, Interest or other Fees Clause in Contracts

Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower.

Appears in 9 contracts

Samples: Micro Component Technology Inc, Transgenomic Inc, Paincare Holdings Inc

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Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under on any other promissory note issued by Borrowerpursuant to the Security Agreement, when due in accordance with the terms of such note.

Appears in 7 contracts

Samples: Security Agreement (Electric City Corp), Transgenomic Inc, Electric City Corp

Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon or in accordance herewith, or the Borrower fails to pay when due any amount due under respect of any other promissory note issued by Borrowerpursuant to the Purchase Agreement when due.

Appears in 6 contracts

Samples: Secured Term Note (Stockeryale Inc), Secured Term Note (Stockeryale Inc), Secured Term Note (Stockeryale Inc)

Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon provided in this Term Note in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrowerwith this Term Note.

Appears in 2 contracts

Samples: EMTA Holdings, Inc., EMTA Holdings, Inc.

Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewithor on any other promissory note issued pursuant to the Security Agreement, or the Borrower fails to pay when due any amount due under any other promissory note issued by the Borrower, when due in accordance with the terms of such note.

Appears in 1 contract

Samples: DSL Net Inc

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Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower or any of its Subsidiaries fails to pay when due any amount due under any other promissory note issued by Borrower.

Appears in 1 contract

Samples: Note (Micro Component Technology Inc)

Failure to Pay Principal, Interest or other Fees. The Borrower fails to pay when due any installment of principal, interest or other fees hereon in accordance herewith, or the Borrower fails to pay when due any amount due under any other promissory note issued by Borrower.. 4.2

Appears in 1 contract

Samples: Ventures National Inc

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