Common use of Default on Indebtedness Clause in Contracts

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

Appears in 11 contracts

Samples: Security Agreement (Globalscape Inc), Commercial Security Agreement (Pacific Aerospace & Electronics Inc), Commercial Security Agreement (Pacific Aerospace & Electronics Inc)

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

Appears in 3 contracts

Samples: Trust Indenture and Security Agreement, Trust Indenture and Security Agreement, Commercial Security Agreement (Catalyst Semiconductor Inc)

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

Appears in 2 contracts

Samples: Loan Agreement (OVERSTOCK.COM, Inc), Loan Agreement (OVERSTOCK.COM, Inc)

Default on Indebtedness. Failure of Borrower to make any payment when due on the Indebtednessindebtedness in accordance with the Related Documents.

Appears in 1 contract

Samples: Security Agreement (Alliance Pharmaceutical Corp)

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Default on Indebtedness. Failure of Borrower Debtor to make any payment when due on the Indebtedness.Indebtedness.β€Œ

Appears in 1 contract

Samples: Commercial Security Agreement

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

Appears in 1 contract

Samples: Loan Agreement (Zila Inc)

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