Common use of Failure to Pay Clause in Contracts

Failure to Pay. The Borrower’s failure to make any payment when due and payable under this Note (a “Payment Default”);

Appears in 20 contracts

Sources: Buyer Trust Deed Note (Neah Power Systems, Inc.), Buyer Trust Deed Note (Neah Power Systems, Inc.), Secured Buyer Note (Cabinet Grow, Inc.)

Failure to Pay. The Borrower’s failure to make any payment when due and payable under the terms of this Note (a “Payment Default”);

Appears in 16 contracts

Sources: Mortgage Note (Nova Energy, Inc.), Secured Buyer Note (A5 Laboratories Inc.), Secured Buyer Note (Silver Dragon Resources Inc.)

Failure to Pay. The Borrower’s 's failure to make any payment when due and payable under this Note (a “Payment Default”"PAYMENT DEFAULT");

Appears in 4 contracts

Sources: Secured Buyer Note (Red Giant Entertainment, Inc.), Buyer Note (Red Giant Entertainment, Inc.), Buyer Note (Red Giant Entertainment, Inc.)

Failure to Pay. The Borrower’s failure to make any payment when paymentwhen due and payable under this Note (a “Payment Default”);

Appears in 2 contracts

Sources: Buyer Mortgage Note (Bonanza Goldfield Corp.), Buyer Mortgage Note (Bonanza Goldfield Corp.)