Default Under Note. If an Event of Default, as set forth in Section 9 of the Note, occurs and is not cured as specifically provided therein, or
Default Under Note. The Company defaults in the payment of the Principal Amount, as and when it becomes due and payable, whether at the Maturity Date or otherwise, or any other amount due under this Note, including interest, and any such default with respect to the nonpayment of interest under this Note continues for five (5) Business Days thereafter;
Default Under Note. Any "Event of Default" as defined in the Note.
Default Under Note. If an event of default, as set forth in paragraph 8 of the Note, occurs and is not cured as specifically provided therein; or
Default Under Note. A-2. Any default or Event of Default shall occur under any of the terms of that certain Split, Amended and Restated Promissory Note A-2 dated of even date herewith made by Borrower payable to Lender in the amount of $8,867,593.00 (together with any renewal, extension, modification or rearrangement thereof, the “Note A-2”).
Default Under Note. Borrowers failure to pay any amounts due and payable under the Note, including, without limitation, Regular Interest, Deferred Regular Interest, Contingent Interest and Additional Contingent Interest; or
Default Under Note. An Event of Default shall have occurred ------------------ under the Note;
Default Under Note. In the event Sterling is required to fully exercise its right under the FACA to collect amounts due pursuant to that certain Promissory Note from Company to Sterling dated August 25, 2005, in the original principal amount of $750,000 (the "Note"), the Company shall pay to Sterling a penalty payment, which penalty payment shall be equal to three percent (3%) of the unpaid principal balance due and owing pursuant the Note at the time of exercise under the FACA.
Default Under Note. The Debtor or Mobility Concepts, Inc. shall be in default under the Note or under the Spectrum Credit Agreement.
Default Under Note. Failure to make any principal or interest payment required under the Note within 10 calendar days of the date due, or any payments for taxes or insurance specifically provided in the Security Deed on the due date therefor; or
