Common use of Payment Upon Default Clause in Contracts

Payment Upon Default. The Agreement in Section 14 provides the following rights in a situation of default: “If you do not make the minimum payment on or before the Payment Due Date on your statement, or otherwise do not follow this

Payment Upon Default. The Agreement in Section section 14 provides the following rights in a situation of default: “If you do not make the minimum payment on or before the Payment Due Date on your statement, or otherwise do not follow thisthis Agreement, or if anything occurs which causes us to believe that you will be unable to make a payment or otherwise not be able to follow this Agreement: (continued on page 17)

Payment Upon Default. The Agreement in Section 14 provides the following rights in a situation of default: “If you do not make the minimum payment on or before the Payment Due Date on your statement, or otherwise do not follow thisthis Agreement, or if anything occurs which causes us to believe that you will be unable to make a payment or otherwise not be able to follow this Agreement: (continued on page 20)

Payment Upon Default. The Agreement in Section section 14 provides the following rights in a situation of default: “If you do not make the minimum payment on or before the Payment Due Date on your statement, or otherwise do not follow thisthis Agreement, or if anything occurs which causes us to believe that you will be unable to make a payment or otherwise not be able to follow this Agreement: