Common use of Payment Default Clause in Contracts

Payment Default. Borrower fails to make any payment when due under the Loan.

Appears in 51 contracts

Samples: Loan Agreement (Charge Enterprises, Inc.), Business Loan Agreement (TSS, Inc.), Business Loan Agreement (AmpliTech Group, Inc.)

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Payment Default. Borrower fails to make any payment when due under the LoanIndebtedness.

Appears in 9 contracts

Samples: Aircraft Security Agreement (Air T Inc), Trustee Aircraft Security Agreement (Air T Inc), Aircraft Security Agreement (Air T Inc)

Payment Default. Borrower fails to make any payment when due under the Loanindebtedness.

Appears in 4 contracts

Samples: Change in Terms Agreement (Siena Technologies, Inc.), Terms Agreement (Eco Soil Systems Inc), Commercial Security Agreement (Eacceleration Corp)

Payment Default. Borrower fails to make any payment when due under the Loan and Note evidencing the Loan.

Appears in 1 contract

Samples: Business Loan Agreement (Harrow Health, Inc.)

Payment Default. Borrower fails to make any payment when due under the LoanLoan (including any Note).

Appears in 1 contract

Samples: Business Loan Agreement (Rubios Restaurants Inc)

Payment Default. Borrower fails to make any payment when due under the LoanLoan (including the Note).

Appears in 1 contract

Samples: Business Loan Agreement (Rubios Restaurants Inc)

Payment Default. Borrower fails to make any payment when due under the this Loan.

Appears in 1 contract

Samples: Loan Agreement (Wellington Hall LTD)

Payment Default. Any Borrower fails to make any payment when due under the Loan.. (b)

Appears in 1 contract

Samples: Business Loan Agreement (Flotek Industries Inc/Cn/)

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Payment Default. Borrower fails to make any payment when due under the any Loan.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Iridex Corp)

Payment Default. Borrower fails to make any payment when due under the Loanloan.

Appears in 1 contract

Samples: Business Loan Agreement (Elecsys Corp)

Payment Default. Borrower fails to make any payment when due under the Note or otherwise under or in respect of the Loan.

Appears in 1 contract

Samples: Business Loan Agreement (Belvedere SoCal)

Payment Default. Borrower fails to make any interest or principal payment or payment of any other Obligation when due under the Loandue.

Appears in 1 contract

Samples: Loan and Security Agreement

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