Common use of Failure to Make Required Payments Clause in Contracts

Failure to Make Required Payments. Failure by the Borrower to pay the principal amount due pursuant to this Agreement within five Business Days of the date specified in the Lender’s demand.

Appears in 2 contracts

Sources: Loan Agreement (SVF Investment Corp.), Loan Agreement (SVF Investment Corp. 3)

Failure to Make Required Payments. Failure by the Borrower to pay the principal amount due pursuant to this Agreement within five Business Days (5) business days of the date specified in the Lender’s demandabove.

Appears in 1 contract

Sources: Loan Agreement (Alpha Star Acquisition Corp)