Common use of Nonpayment of Obligations Clause in Contracts

Nonpayment of Obligations. Any amount due and owing on the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is due.

Appears in 25 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Hispanica International Delights of America, Inc.), Senior Secured Revolving Credit Facility Agreement (Artec Global Media, Inc.), Senior Secured Revolving Credit Facility Agreement (Staffing Group, Ltd.)

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Nonpayment of Obligations. Any amount due and owing on the Revolving any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is when due.

Appears in 11 contracts

Samples: Loan and Security Agreement (Intricon Corp), Loan and Security Agreement (Atlas Financial Holdings, Inc.), Loan and Security Agreement (Atlas Financial Holdings, Inc.)

Nonpayment of Obligations. Any amount due and owing on the Revolving Promissory Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is due.

Appears in 8 contracts

Samples: Consent and Agreement (Pacific Ventures Group, Inc.), Consent and Agreement (Sack Lunch Productions Inc.), Consent and Agreement (Sack Lunch Productions Inc.)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is when due.

Appears in 6 contracts

Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (FC Global Realty Inc), Loan and Security Agreement (FC Global Realty Inc)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is when due.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp), Revolving Credit and Security Agreement (Millennium Ethanol, LLC)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note Notes or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is due.

Appears in 2 contracts

Samples: Credit Facility Agreement (Green Innovations Ltd.), Senior Secured Revolving Credit Facility Agreement (Hypertension Diagnostics Inc /Mn)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note Notes or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is when due.

Appears in 2 contracts

Samples: Loan and Security Agreement (PLM Equipment Growth Fund V), Loan and Security Agreement (PLM Equipment Growth Fund V)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note or any of the ObligationsNote, whether by its terms or as otherwise provided herein, is not paid on the date such amount is due.

Appears in 1 contract

Samples: Financing and Security Agreement (Fresh Healthy Vending International, Inc.)

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Nonpayment of Obligations. Any amount due and owing on the Revolving this Note or any of the Obligationsother Notes, whether by its terms or as otherwise provided hereinherein or therein, is not paid on the date such amount is due.

Appears in 1 contract

Samples: Note Purchase and Security Agreement (STWC. Holdings, Inc.)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note, the Fee Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date that such amount is due.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is due.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Pharmagen, Inc.)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note Notes, the Fee Notes or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date such amount is due.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.)

Nonpayment of Obligations. Any amount due and owing on the Revolving Note or any of the Obligations, whether by its terms or termsor as otherwise provided herein, is not paid on the date such amount is due.

Appears in 1 contract

Samples: Pledge Agreement (Revolutionary Concepts Inc)

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