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

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principal, Interest or other sum due under this Note when due.

Appears in 47 contracts

Samples: Caro Holdings Inc., Consulting and Advisory Agreement (Elite Data Services, Inc.), Elite Data Services, Inc.

AutoNDA by SimpleDocs

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principalprincipal, Interest interest or other sum due under this Note when due.

Appears in 25 contracts

Samples: First Consolidated Amendment Agreement (Cellteck Inc.), Second Consolidated Agreement (Cellteck Inc.), These Proposed Terms (Cellteck Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principal, Interest principal or other sum interest due under this Note when due, including any applicable grace period.

Appears in 7 contracts

Samples: Loan Agreement and Secured Promissory Note (Eos Petro, Inc.), Loan Agreement and Secured Promissory Note (Cellteck Inc.), Loan Agreement and Secured Promissory Note (Cellteck Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principalprincipal, Interest interest or other sum due under this Note when due.

Appears in 6 contracts

Samples: Security Agreement (Options Media Group Holdings, Inc.), Options Media Group Holdings, Inc., Wizzard Software Corp /Co

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principal, Interest or other sum due under this Note when duedue and payable.

Appears in 5 contracts

Samples: Thinspace Technology, Inc., Thinspace Technology, Inc., Thinspace Technology, Inc.

Failure to Pay Principal or Interest. The Borrower fails to pay does not pay, repay or prepay any installment principal of Principal, Interest or other sum due under this interest on any Note when due.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Southern Union Co), Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principal, Interest or other sum due under this Note Debenture when duedue and payable.

Appears in 4 contracts

Samples: Thinspace Technology, Inc., Thinspace Technology, Inc., Thinspace Technology, Inc.

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principal, Interest or other sum due under this Note when due.

Appears in 2 contracts

Samples: Qrons Inc., Biolabmart Inc.

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principalprincipal, Interest interest or other sum due under this Note Debenture when due.

Appears in 1 contract

Samples: Securities Purchase Agreement (InspireMD, Inc.)

AutoNDA by SimpleDocs

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principalprincipal, Interest interest, the loan fee or other sum due under this Note when due, including any applicable grace period.

Appears in 1 contract

Samples: Loan Agreement and Secured Promissory Note (Cellteck Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of PrincipalPrincipal Amount, Interest interest or other sum due under this Note or any Transaction Document when due.

Appears in 1 contract

Samples: Subscription Agreement (Aethlon Medical Inc)

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principalprincipal, Interest interest or other sum due under this Note when due, including any applicable grace period.

Appears in 1 contract

Samples: Loan Agreement and Secured Promissory Note (Cellteck Inc.)

Failure to Pay Principal or Interest. The Borrower fails to pay principal and interest or any installment of Principal, Interest or other sum due under this Note as and when duethe same becomes due and payable.

Appears in 1 contract

Samples: Guardion Health Sciences, Inc.

Failure to Pay Principal or Interest. The Borrower fails to pay any installment of Principalprincipal, Interest interest or other sum due under this Note when due.due and such failure continues for a period of ten

Appears in 1 contract

Samples: Visual Management Systems Inc

Time is Money Join Law Insider Premium to draft better contracts faster.