Common use of Payment Default Clause in Contracts

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

Appears in 188 contracts

Sources: Loan and Security Agreement (Precision Biosciences Inc), Loan and Security Agreement (Thayer Ventures Acquisition Corp), Loan and Security Agreement (On24 Inc.)

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

Appears in 120 contracts

Sources: Loan and Security Agreement (6d Bytes Inc.), Loan and Security Agreement (Backblaze, Inc.), Loan and Security Agreement (Backblaze, Inc.)

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

Appears in 74 contracts

Sources: Loan and Security Agreement, Loan Agreement (Spectrum Global Solutions, Inc.), Loan and Security Agreement (MR2 Group, Inc.)

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

Appears in 20 contracts

Sources: Loan and Security Agreement (IBEX LTD), Loan and Security Agreement, Loan and Security Agreement (IBEX LTD)

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

Appears in 19 contracts

Sources: Loan and Security Agreement (Limeade, Inc), Loan and Security Agreement (Taiwan Liposome Company, Ltd.), Loan and Security Agreement

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

Appears in 17 contracts

Sources: Loan and Security Agreement (ThredUp Inc.), Loan and Security Agreement (Journey Medical Corp), Loan and Security Agreement (Journey Medical Corp)

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

Appears in 13 contracts

Sources: Export Import Bank Loan and Security Agreement, Loan and Security Agreement (Audible Inc), Loan and Security Agreement (Copper Mountain Networks Inc)

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

Appears in 7 contracts

Sources: Loan and Security Agreement (Silvaco Group, Inc.), Loan and Security Agreement, Loan and Security Agreement (Catasys, Inc.)

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

Appears in 7 contracts

Sources: Loan and Security Agreement (Everside Health Group, Inc.), Loan and Security Agreement (Verisilicon Holdings Co LTD), Loan and Security Agreement (Proteinsimple)

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

Appears in 5 contracts

Sources: Loan and Security Agreement (Cue Health Inc.), Loan and Security Agreement (Cue Health Inc.), Loan and Security Agreement (Cue Health Inc.)

Payment Default. If Borrower fails to pay when due and payable or when declared due and payable in accordance with the Loan Documents, any portion of the Obligations when due;Obligations.

Appears in 5 contracts

Sources: Loan and Security Agreement (Trestle Holdings Inc), Second Loan and Security Agreement (Trestle Holdings Inc), Loan and Security Agreement (Clarient, Inc)

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

Appears in 4 contracts

Sources: Loan and Security Agreement (Egain Communications Corp), Loan and Security Agreement (Placeware Inc), Loan and Security Agreement (Loudeye Technologies Inc)

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

Appears in 4 contracts

Sources: Loan and Security Agreement (Roche Robert W.), Loan and Security Agreement (Five9, Inc.), Loan and Security Agreement (Five9, Inc.)

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

Appears in 3 contracts

Sources: Loan and Security Agreement (Warby Parker Inc.), Loan and Security Agreement (Upland Software, Inc.), Loan and Security Agreement (Upland Software, Inc.)

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

Appears in 2 contracts

Sources: Loan and Security Agreement (TechTarget Inc), Loan and Security Agreement (TechTarget Inc)

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

Appears in 2 contracts

Sources: Loan and Security Agreement (Orapharma Inc), Loan and Security Agreement (Manhattan Associates Inc)

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

Appears in 2 contracts

Sources: Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)

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

Appears in 2 contracts

Sources: Loan Agreement (PogoTec, Inc.), Loan and Security Agreement (Otonomy, Inc.)

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

Appears in 2 contracts

Sources: Loan and Security Agreement (Identiv, Inc.), Loan and Security Agreement (Identiv, Inc.)

Payment Default. If Borrower fails to pay when due, any of the Obligations when due;Obligations; 8.2

Appears in 1 contract

Sources: Loan and Security Agreement (Arthrocare Corp)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Iprint Technologies Inc)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Seachange International Inc)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Women Com Networks Inc)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Orchard Enterprises, Inc.)

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

Appears in 1 contract

Sources: Export Import Bank Loan and Security Agreement (Datawatch Corp)

Payment Default. If Borrower fails to pay any of the Obligations when due;; 8.2

Appears in 1 contract

Sources: Loan and Security Agreement

Payment Default. If Borrower fails Borrower's failure to pay any of the Obligations when due;

Appears in 1 contract

Sources: Secured Short Term Loan Agreement

Payment Default. If The Borrower fails shall fail to pay or cause to be paid when due any portion of the Obligations when due;any Obligation; or

Appears in 1 contract

Sources: Loan Agreement (RJSM Partners, LLC)

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

Appears in 1 contract

Sources: Loan Agreement (PointClickCare Corp.)

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

Appears in 1 contract

Sources: Letter of Credit Agreement (Internet Capital Group Inc)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Igi Laboratories, Inc)

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

Appears in 1 contract

Sources: Loan Agreement (Dyne Therapeutics, Inc.)