Common use of Non-Payment or Other Indebtedness Clause in Contracts

Non-Payment or Other Indebtedness. If default is made in the payment when due of any installment of principal or of interest on any of Borrower’s other indebtedness and if such default will remain unremedied for fifteen (15) days.

Appears in 9 contracts

Samples: Loan Agreement, Security Agreement, Loan Agreement

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