Common use of Payment Default Clause in Contracts

Payment Default. If Borrower fails to pay, when due, any of the Obligations.

Appears in 74 contracts

Samples: Loan and Security Agreement, Loan Agreement (Spectrum Global Solutions, Inc.), Loan and Security Agreement (MR2 Group, Inc.)

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Payment Default. If Borrower fails to pay, when due, pay any of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Talarian Corp), Loan and Security Agreement (Omm Inc)

Payment Default. If any Borrower fails to pay, when due, any --------------- of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (SQL Financials International Inc /De)

Payment Default. If either Borrower fails to pay, when due, any of the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Lionbridge Technologies Inc /De/)

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Payment Default. If Borrower fails to pay, pay when due, any of the Obligations.

Appears in 1 contract

Samples: Export Import Bank Loan and Security Agreement (Ibasis Inc)

Payment Default. If Borrower fails to pay, pay when due, any of the monetary Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Aspen Technology Inc /De/)

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