Common use of Loan Acceleration Clause in Contracts

Loan Acceleration. If Borrower is more than 30 days late in making any payment, Xxxxxx may declare that the entire balance of unpaid principal is due immediately, together with the interest that has accrued.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Funds Corp), Loan Agreement (American Realty Funds Corp)

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Loan Acceleration. If Borrower is more than 30 __ days late in making any payment, Xxxxxx may declare that the entire balance of unpaid principal is due immediately, together with the interest that has accrued.

Appears in 1 contract

Samples: Promissory Note

Loan Acceleration. If Borrower is more than 30 days late in making any payment, Xxxxxx Lender may declare that the entire balance of unpaid principal is due immediately, together with the interest that has accrued.

Appears in 1 contract

Samples: Stock Purchase Acquisition Agreement, Merger Agreement, and Promissory Note Agreement (Greene Concepts, Inc)

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Loan Acceleration. If Borrower is more than 30 60 days late in making any payment, Xxxxxx Lender may declare that the entire balance of unpaid principal is due immediately, together with the interest that has accrued.

Appears in 1 contract

Samples: Purchase Agreement (Investors Capital Holdings LTD)

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