Common use of Default on Indebtedness Clause in Contracts

Default on Indebtedness. Failure of Borrower to make any payment when due on the Loans.

Appears in 162 contracts

Samples: Loan Agreement (Amphastar Pharmaceuticals, Inc.), Business Loan Agreement (Scanner Technologies Corp), Loan Agreement and Note (Nutech Digital Inc)

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Default on Indebtedness. Failure of Borrower to make any payment when due on any of the LoansIndebtedness.

Appears in 12 contracts

Samples: Loan Agreement (Bioanalytical Systems Inc), Business Loan Agreement (Bioanalytical Systems Inc), Business Loan Agreement (Made2manage Systems Inc)

Default on Indebtedness. Failure of to Borrower to make or any payment when due on the Loans.

Appears in 1 contract

Samples: Aspec Technology Inc

Default on Indebtedness. Failure of Borrower to make any payment when due on the Loansloans.

Appears in 1 contract

Samples: Loan Agreement (Scientific Software Intercomp Inc)

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Default on Indebtedness. Failure of Borrower to make any payment when due on the LoansLoan.

Appears in 1 contract

Samples: Business Loan Agreement (Pods Inc)

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