Common use of Failure to Pay Monies Due Clause in Contracts

Failure to Pay Monies Due. If the Borrower shall fail to pay, when due, any principal, interest, or fee under any Note or this Agreement.

Failure to Pay Monies Due. If the It shall be an Event of Default if ------------------------- Borrower shall fail to pay, when due, any principalprincipal or interest under the Revolving Credit Note or any taxes, interestinsurance or other amount payable by Borrower under this Agreement or if Borrower, or fee under any Note of its Subsidiaries shall fail to pay, when due, any indebtedness, obligation or this Agreementliability whatsoever of Borrower, or any of its Subsidiaries to Bank.

Failure to Pay Monies Due. If the each Borrower shall fail to pay, when due, any principalof the Indebtedness, interestincluding, without limitation, any principal or interest under the Notes or any taxes, insurance or other amount payable by such Borrower under this Agreement or under any other Loan Document execution in connection herewith, or fee under if any Note of such Borrower's Subsidiaries shall fail to pay, when due, any indebtedness, obligation or this Agreementliability whatsoever of such person to Bank.