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: Business Loan Agreement (Charge Enterprises, Inc.), Business Loan Agreement (Asset Based) (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), Trustee Aircraft Security Agreement (Air T Inc)

Payment Default. Borrower fails to make any payment when due under the LoanLoan or Borrower’s Lease with Lender/Landlord.

Appears in 1 contract

Samples: Business Loan Agreement

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

Appears in 1 contract

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

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 payment when due under the this Loan.

Appears in 1 contract

Samples: Business Loan Agreement (Wellington Hall LTD)

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

Appears in 1 contract

Samples: Business Loan Agreement (Elecsys Corp)

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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 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 Loan and Note evidencing the Loan.

Appears in 1 contract

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

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