Common use of 1Payment Default Clause in Contracts

1Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Term Loan Maturity Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period);

1Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due datewhen due, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Term Loan Maturity Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period);

1Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due datewhen due, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure grace period shall not apply to payments due on the Term Loan Growth Capital Maturity Date). During the cure period, the failure to make or pay any payment specified under in clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period);

1Payment Default. Borrower fails to (a) make any payment of principal or interest on with respect to any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are Day of its due and payable date (which three (3) Business Day cure period shall not apply to payments due on the Term Loan Maturity Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period);

1Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due datewhen due, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Term Loan Revolving Line Maturity Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period);; 8.

1Payment Default. Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Term Loan Revolving Line Maturity Date). During the cure period, the failure to make or pay any payment specified under clause (b) hereunder is not an Event of Default (but no Credit Extension will be made during the cure period);