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 on any other promissory note issued pursuant to the Security Agreement, when due in accordance with the terms of such note.
Appears in 7 contracts
Samples: Security Agreement (Electric City Corp), Secured Convertible Revolving Note (Electric City Corp), Secured Convertible Note (Home Solutions of America Inc)