Demand Loan. On demand by the Bank, the entire outstanding principal balance of the Loan and all accrued interest shall immediately become due and payable.
Appears in 2 contracts
Sources: Line of Credit Agreement (Mikron Instrument Co Inc), Line of Credit Agreement (United Energy Corp /Nv/)
Demand Loan. On demand by the BankBank prior to the Conversion Date, the entire outstanding principal balance of the Loan and all accrued interest shall immediately become due and payable.
Appears in 1 contract
Sources: Revolver/Term Loan Agreement (Mikron Instrument Co Inc)