Borrower's Failure to Pay. The Borrower's failure to pay any installment payment of principal, interest, the Servicing Fee or any other payment as the same becomes due under the Note.
Borrower's Failure to Pay. The Borrower's failure to pay any installment payment of principal, interest, the Servicing Fee or any other payment as the same becomes due under the Note and such failure continues for ten (10) days after written notice by City to Borrower and Limited Partner.
Borrower's Failure to Pay under this Agreement The Borrowers fail to pay any amount of principal due from them under this Agreement at the time, in the currency and otherwise in the manner specified herein provided that, if the Borrowers can demonstrate to the reasonable satisfaction of the Agent that all necessary instructions were given to effect such payment and the non-receipt thereof is attributable solely to an error in the banking system, such payment shall instead be deemed to be due, solely for the purposes of this paragraph, within three (3) Business Days of the date on which it actually fell due under this Agreement (if a payment of principal), five (5) Business Days (if a payment of interest or fees) or ten (10) Business Days (if a sum payable on demand); or
Borrower's Failure to Pay under this Agreement The Borrower fails to pay any amount due from it under this Agreement at the time, in the currency and otherwise in the manner specified herein provided that, if the Borrower can demonstrate to the reasonable satisfaction of the Agent that all necessary instructions were given to effect such payment and the non-receipt thereof is attributable solely to an administrative or technical error by the Agent or an error in the banking system or a Disruption Event, such payment shall instead be deemed to be due, solely for the purposes of this paragraph, within three (3) Business Days of the date on which it actually fell due under this Agreement; or
Borrower's Failure to Pay. The Borrower fails to pay any amount of principal interest, fees or other sums as and when due under this Agreement or any of the Loan Documents, or any other Obligations, whether upon stated maturity, acceleration, or otherwise and has not remedied and fully cured such failure to pay within ten (10) Business Days after the date such payment is so due.
Borrower's Failure to Pay. The Borrower, any U.S. Guarantor, or any European Subsidiary shall fail to pay any amount of principal, interest, fees or other sums as and when due under any of the Loan Documents, or any other Obligations, whether upon stated maturity, acceleration, or otherwise.
Borrower's Failure to Pay under this Agreement The Borrowers fail to pay any amount due from them under this Agreement at the time, in the currency and otherwise in the manner specified herein provided that, if the Borrowers can demonstrate to the reasonable satisfaction of the Agent that all necessary instructions were given to effect such payment and the non-receipt thereof is attributable solely to an error in the banking system, such payment shall instead be deemed to be due, solely for the purposes of this paragraph 10.2.1, within three (3) Business Days of the date on which it actually fell due under this Agreement; or
Borrower's Failure to Pay. The Borrower fails to pay any amount of principal, interest, fees or other sums as and when due under this Agreement or any of the other Loan Documents, or any other Obligations, whether upon stated maturity, acceleration, or otherwise.
Borrower's Failure to Pay. Unless the Agent (and, in the case of the Revolver Facility, the US Agent) has been notified in writing by the Borrowers under a Credit Facility at least one Business Day prior to the date on which any payment to be made by the Borrowers under such Credit Facility is due that the Borrowers do not intend to remit such payment, the Agent or the US Agent may, in its discretion, assume that the Borrowers have remitted such payment when so due and, in its discretion and reliance upon such assumption, make available to each Lender under the applicable Credit Facility on such payment date an amount equal to the portion of such payment which is due to such Lender pursuant to this Agreement. If the Borrowers do not in fact remit such payment to the Agent or the US Agent (as applicable), the Agent or the US Agent (without prejudice to any rights or remedies of the Lenders against the Borrowers) shall promptly notify each relevant Lender and each such Lender shall forthwith on demand repay to the Agent or the US Agent an amount equal to the portion of such assumed payment made available to such Lender, together with interest thereon until the date of repayment thereof at a rate determined by the Agent or the US Agent (such rate to be conclusive and binding on such Lender) in accordance with the usual banking practice of the Agent or the US Agent for similar advances to financial institutions of like standing as such Lender, but in no event greater than the Prime Rate (for amounts in Canadian Dollars) or the Base Rate or the NY Prime Rate, as determined by the Agent or the US Agent (for amounts in US Dollars).
Borrower's Failure to Pay. The Borrower fails to pay any amount of ------------------------- principal, interest, fees or other sums within one (1) day after the date when due under this Forbearance Agreement or any of the Loan Documents, or any other Obligations, whether upon stated maturity, acceleration, or otherwise.
