Common use of Default Payment Date Clause in Contracts

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”).

Appears in 10 contracts

Sources: Secured Non Convertible Term Note (Conversion Services International Inc), Secured Convertible Note (Comc Inc), Secured Revolving Note (Conversion Services International Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 ("Default Payment Date").

Appears in 9 contracts

Sources: Secured Convertible Term Note (Thomas Equipment, Inc.), Secured Revolving Note (Thomas Equipment, Inc.), Secured Revolving Note (Creative Vistas Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”)3.1.

Appears in 8 contracts

Sources: Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 5 contracts

Sources: Secured Convertible Note (Conversion Services International Inc), Secured Convertible Minimum Borrowing Note (Bp International Inc), Secured Convertible Note (Creative Vistas Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 (“Default Payment Date”)4.1 hereof.

Appears in 3 contracts

Sources: Convertible Note (RespireRx Pharmaceuticals Inc.), Convertible Note (RespireRx Pharmaceuticals Inc.), Convertible Note (RespireRx Pharmaceuticals Inc.)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 5.4 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 2 contracts

Sources: Secured Convertible Term Note (Return on Investment Corp), Secured Convertible Note (Return on Investment Corp)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.1 (“Default Payment Date”).

Appears in 2 contracts

Sources: Secured Convertible Revolving Note (Comc Inc), Secured Revolving Note (Digital Lifestyles Group Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.1 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 2 contracts

Sources: Secured Revolving Note (Catalyst Lighting Group Inc), Secured Revolving Note (Bp International Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.1 ("Default Payment Date").

Appears in 1 contract

Sources: Secured Revolving Note (Digital Lifestyles Group Inc)

Default Payment Date. The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 4.4 (“Default Payment Date”"DEFAULT PAYMENT DATE").

Appears in 1 contract

Sources: Secured Revolving Note (Return on Investment Corp)