IMMEDIATELY DUE FOR PAYMENT. If the Customer has been given notice of default and still fails to perform any of his obligations towards the Bank, the Bank shall be entitled to make the Customer's debts to the Bank immediately due and payable by giving notice. Such notice shall be made in writing and shall specify the reason for the giving thereof.
Appears in 5 contracts
Samples: Loan Agreement (Vedior Nv), Credit Agreement (FreeSeas Inc.), Exchangeable Loan Agreement (Vedior Nv)
IMMEDIATELY DUE FOR PAYMENT. If the Customer has been given notice of default and still fails to perform any of his obligations towards the Bank, the Bank shall be entitled to make the Customer's ’s debts to the Bank immediately due and payable by giving notice. Such notice shall be made in writing and shall specify the reason for the giving thereof.
Appears in 3 contracts
Samples: Credit Agreement (FreeSeas Inc.), Credit Agreement (Interface Inc), Credit Agreement (Interface Inc)
