Common use of Payment at Maturity Clause in Contracts

Payment at Maturity. The Borrower’s failure to pay, or to cause to be paid, the Indebtedness when the Loan matures by acceleration under Section 16, because of a transfer or encumbrance under Section 13, or by lapse of time.

Appears in 7 contracts

Samples: Security Agreement (NNN Apartment REIT, Inc.), United Investors Income Properties, Oxford Residential Properties I LTD Partnership

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Payment at Maturity. The Borrower’s failure to pay, or to cause to be paid, the Indebtedness when the Loan matures by acceleration under Section 1614, because of a transfer or encumbrance under Section 1312, or by lapse of time.

Appears in 3 contracts

Samples: Mortgage, Security Agreement (Sanfilippo John B & Son Inc), Mortgage, Security Agreement (Sanfilippo John B & Son Inc), Sanfilippo John B & Son Inc

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Payment at Maturity. The Borrower’s failure to pay, or to cause to be paid, the Indebtedness when the Loan matures by acceleration under Section 16, 16 because of a transfer or encumbrance under Section 13, or by lapse of time.

Appears in 1 contract

Samples: Consolidated Capital Growth Fund

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