Common use of Principal Indebtedness Clause in Contracts

Principal Indebtedness. The entire Principal Indebtedness advanced under the Line of Credit Agreement shall be due and payable on the earlier to occur of (a) the occurrence and continuation of an Event of Default under the Line of Credit Agreement, or (b) the Maturity Date (as the same may be extended as herein provided).

Principal Indebtedness. The entire Principal Indebtedness advanced under the Line of Credit Agreement shall be due and payable on the earlier to occur of (a) the election of the Lender pursuant to Section 6.2 of the Line of Credit Agreement upon the occurrence and continuation during the continuance of an Event of Default under the Line of Credit AgreementDefault, or (b) the Maturity Date (as the same may be extended as herein providedset forth below).