Common use of Other Nonpayment Clause in Contracts

Other Nonpayment. Default in payment when due of any other indebtedness payable to the Lender under the terms of the Restructure Documents and such failure shall continue for five (5) calendar days;

Appears in 3 contracts

Samples: Agreement (Future Now Group Inc.), Agreement (Excalibur Industries Inc), Agreement (Shumate Industries Inc)

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Other Nonpayment. Default in payment when due of any other indebtedness payable to the Lender under the terms of the Restructure Loan Documents and such failure shall continue for five (5) calendar days;

Appears in 1 contract

Samples: Loan Agreement (Excalibur Industries Inc)

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