Common use of Our Rights if YouDefault Clause in Contracts

Our Rights if YouDefault. 19.1. If you do not make any payment when it is due or otherwise fail to comply with any ofyour obligations underthis Agreement,we may,at ouroption,declare you in de- faultunderthisAgreement.We mayalso,at ouroption,declare you in default if any statementthat you made in connection withyouraccountwasfalse or misleading, you breach any other agreement that you may have with us or with any of our affiliates, if bankruptcy or other creditor proceedings are threatened or initiated against you, or if we have any reason to believe that you will be unable to make payments or you will otherwise not be able to comply with this Agreement. 19.2. If youare in defaultunderthisAgreement,theBalancewillbecomedueandpayable on demand from us. At our discretion, we may require or allow you to pay amounts that are less than the full amount owing to us without limiting our right to claim the full Balance.

Our Rights if YouDefault. 19.1. If you do not make any payment when it is due or otherwise fail to comply with any ofyour obligations underthis Agreement,underthisAgreement, we may,at ouroptionour option,declare you declareyou in de- faultunderthisAgreement.We mayalso,, at ouroption,declare you in default if any statementthat you made statement thatyoumade in connection withyouraccountwasfalse with your accountwasfalse or misleading, you breach any other agreement that you may have with us or with any of our affiliates, if bankruptcy or other creditor proceedings are threatened or initiated against you, or if we have any reason to believe that you will be unable to make payments or you will otherwise not be able to comply with this Agreement. 19.2. If youare in defaultunderthisAgreement,theBalancewillbecomedueandpayable on demand from us. At our discretion, we may require or allow you to pay amounts that are less than the full amount owing to us without limiting our right to claim the full Balance.