Common use of Failure to Pay Principal Clause in Contracts

Failure to Pay Principal. The Borrower fails to pay the Principal or other sum due under this Note when due as set forth in Section 1.3 herein.

Appears in 3 contracts

Samples: A Note Purchase Agreement (China for-Gen Corp.), Securities Purchase Agreement (Long-E International, Inc.), Long-E International, Inc.

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Failure to Pay Principal. The Borrower fails to pay the Principal or other sum due under this Note when due as set forth in Section 1.3 hereindue.

Appears in 3 contracts

Samples: Note Purchase Agreement (Sun New Media Inc.), Note Purchase Agreement (Sun New Media Inc.), Note Purchase Agreement (PCS Edventures Com Inc)

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