Common use of Payment of Note Clause in Contracts

Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes on the due date of such installment.

Appears in 1 contract

Samples: Loan and Security Agreement (Meade Instruments Corp)

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Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes Revolving Credit Note, on the due date of such installment.

Appears in 1 contract

Samples: Loan and Security Agreement (Joule Inc)

Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes Term A Note, Term B Note, Term C Note, Term D Note or Term E Note on the due date of such installment.

Appears in 1 contract

Samples: Loan and Security Agreement (Black Warrior Wireline Corp)

Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes on the due date of such installment.

Appears in 1 contract

Samples: Loan and Security Agreement (Industrial Data Systems Corp)

Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes Term Note or the Equipment Note on the due date of such installment.

Appears in 1 contract

Samples: Loan and Security Agreement (Black Warrior Wireline Corp)

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Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes Note or any Loan outstanding hereunder, on the due date of such installmentMaturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Fuel Systems Solutions, Inc.)

Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the CapEx Notes Term Note on the due date of such installment.

Appears in 1 contract

Samples: Loan and Security Agreement (Meade Instruments Corp)

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