Common use of Payment Default Clause in Contracts

Payment Default. If Borrower fails to pay any of the Obligations;.

Appears in 2 contracts

Sources: Loan and Security Agreement (Talarian Corp), Loan and Security Agreement (Omm Inc)

Payment Default. If any Borrower fails to pay pay, when due, any of the Obligations;.

Appears in 2 contracts

Sources: Loan and Security Agreement (Simione Central Holdings Inc), Loan Agreement (Moldflow Corp)

Payment Default. If Borrower fails to pay when due, any of the monetary Obligations;.

Appears in 1 contract

Sources: Loan and Security Agreement (Aspen Technology Inc /De/)

Payment Default. If any Borrower fails to pay pay, when due, any --------------- of the Obligations;.

Appears in 1 contract

Sources: Loan and Security Agreement (SQL Financials International Inc /De)

Payment Default. If Borrower fails to pay when due, any of the Obligations;.

Appears in 1 contract

Sources: Export Import Bank Loan and Security Agreement (Ibasis Inc)

Payment Default. If either Borrower fails to pay pay, when due, any of the Obligations;.

Appears in 1 contract

Sources: Loan Agreement (Lionbridge Technologies Inc /De/)