Common use of Default by Borrower Clause in Contracts

Default by Borrower. Borrower shall default in the payment or performance of any of the Obligations guarantied hereby, after giving effect to any applicable notice and cure provisions.

Appears in 2 contracts

Sources: Guaranty of Payment (Childrens Broadcasting Corp), Guaranty of Payment (Greenman Technologies Inc)

Default by Borrower. Borrower shall default in the payment or performance of any of the Obligations guarantied guaranteed hereby, after giving effect to any applicable notice and cure provisionsprovisions set forth in the Loan Documents.

Appears in 1 contract

Sources: Guaranty (Balanced Care Corp)

Default by Borrower. Borrower shall default in the payment or ------------------- performance of any of the Obligations guarantied hereby, after giving effect to any applicable notice and cure provisionsprovisions set forth in the Loan Documents.

Appears in 1 contract

Sources: Guaranty (Assisted Living Concepts Inc)

Default by Borrower. Borrower Borrowers shall default in the payment or performance of any of the Obligations guarantied guaranteed hereby, after giving effect to any applicable notice and cure provisionsprovisions set forth in the Loan Documents.

Appears in 1 contract

Sources: Guaranty of Payment and Performance (Ensign Group, Inc)