Common use of Payment in Full Clause in Contracts

Payment in Full. Upon the effective date of termination, the Obligations shall become immediately due and payable in full in cash.

Appears in 29 contracts

Sources: Loan Agreement (Emtec Inc/Nj), Loan and Security Agreement (Emtec Inc/Nj), Loan and Security Agreement (Collectors Universe Inc)

Payment in Full. Upon the effective date of termination, the --------------- Obligations shall become immediately due and payable in full in cash.

Appears in 2 contracts

Sources: Loan and Security Agreement (Ameritruck Distribution Corp), Loan and Security Agreement (Utilx Corp)

Payment in Full. Upon the effective date of termination, the Obligations --------------- shall become immediately due and payable in full in cash.

Appears in 2 contracts

Sources: Loan and Security Agreement (Avery Communications Inc), Loan and Security Agreement (Cumetrix Data Systems Corp)

Payment in Full. Upon the effective date of termination, . the Obligations shall become immediately due and payable in full in cash.

Appears in 1 contract

Sources: Secured Revolving Credit Note (Diamond Multimedia Systems Inc)