Acceleration Upon Default. If there is a failure to pay any installment of principal and interest when due, or only a portion is paid, or in the event of any other default under this Loan, the Department may declare the entire unpaid principal and all accrued interest immediately due and payable.
Appears in 5 contracts
Samples: Value Added Agricultural Products and Processes Financial Assistance Program (Golden Grain Energy), Western Iowa Energy, L.L.C., Loan Agreement (Hydrogen Engine Center, Inc.)
Acceleration Upon Default. If there is a failure to pay any installment of principal and interest when due, or only a portion is paid, or in the event of any other default under this LoanLoan Agreement, the Department may declare the entire unpaid principal and all accrued interest immediately due and payable.
Appears in 1 contract
Samples: Lincolnway Energy, LLC
Acceleration Upon Default. If there is a failure to pay any installment of principal and interest when due, or only a portion is paid, or in the event of any other unremedied default under this Loan, the Department may declare the entire unpaid principal and all accrued interest immediately due and payable.
Appears in 1 contract
Samples: Loan Agreement or Agreement (Bioforce Nanosciences Holdings, Inc.)
