Common use of Payment at Maturity Clause in Contracts

Payment at Maturity. The Borrower’s failure to pay, or to cause to be paid, the Indebtedness when the Loan matures by acceleration under Section 16, because of a transfer or encumbrance under Section 13, or by lapse of time.

Appears in 8 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.)

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Payment at Maturity. The Borrower’s failure to pay, or to cause to be paid, the Indebtedness when the Loan matures by acceleration under Section 1614, because of a transfer or encumbrance under Section 1312, or by lapse of time.

Appears in 3 contracts

Samples: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Sanfilippo John B & Son Inc), Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Sanfilippo John B & Son Inc), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Sanfilippo John B & Son Inc)

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Payment at Maturity. The Borrower’s failure to pay, or to cause to be paid, the Indebtedness when the Loan matures by acceleration under Section 16, 16 because of a transfer or encumbrance under Section 13, or by lapse of time.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (Consolidated Capital Growth Fund)

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