Common use of Nonpayment Clause in Contracts

Nonpayment. The Company shall fail to make, on or before the due date, in the manner required, any payment of principal, interest or any other sums due under this Agreement.

Appears in 20 contracts

Sources: Loan and Pledge Agreement (World Commerce Online Inc), Loan and Pledge Agreement (World Commerce Online Inc), Loan and Pledge Agreement (World Commerce Online Inc)