Common use of Non Performance of Obligations Clause in Contracts

Non Performance of Obligations. 14.1.1 If the Borrower and/or any other Security Party fail to pay any sum due hereunder and/or under the other Security Documents when due, or in the case of any sum payable on demand, within seven (7) Banking Days of such demand;

Non Performance of Obligations. 14.1.1 14.1.1. If the Borrower and/or any other Security Party fail to pay any sum due hereunder and/or under the other Security Documents when due, or in the case of any sum payable on demand, within seven (7) Banking Days of such demand;