Common use of Default in Payment of Principal of Loans and Reimbursement Obligations Clause in Contracts

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 111 contracts

Samples: Credit Agreement (CoreCivic, Inc.), Credit Agreement (Chuy's Holdings, Inc.), Credit Agreement (SYNAPTICS Inc)

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Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan Loan, Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 47 contracts

Samples: Credit Agreement (Compx International Inc), Credit Agreement (Hickory Tech Corp), Credit Agreement (Geo Group Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower or any other Credit Party shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 20 contracts

Samples: Credit Agreement (Bowater Inc), Third Amendment and Waiver (AbitibiBowater Inc.), Credit Agreement (Bowater Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Any Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 12 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Blackbaud Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower Borrowers shall default in any payment of principal of any Loan Loan, Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 8 contracts

Samples: Credit Agreement (Belk Inc), Credit Agreement (Urban Outfitters Inc), Credit Agreement (Belk Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower Borrowers shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 5 contracts

Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Boot Barn Holdings, Inc.), Amendment Agreement (Aci Worldwide, Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Revolving Credit Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Any Borrower or any other Credit Party shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 4 contracts

Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Either Borrower shall default in any payment of principal of on any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 3 contracts

Samples: Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 3 contracts

Samples: Credit Agreement (Kforce Inc), Credit Agreement (Kforce Inc), Credit Agreement (PAS, Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Either Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 3 contracts

Samples: Credit Agreement (Coeur D Alene Mines Corp), Credit Agreement (Tekelec), Credit Agreement (Tekelec)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower Borrowers shall default in any payment of principal of any Loan when due or in any payment of a Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 3 contracts

Samples: Credit Agreement (SCP Pool Corp), Amendment to Credit Agreement (SCP Pool Corp), Credit Agreement (Pool Corp)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower Borrowers shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of mandatory prepayment, acceleration or otherwise).

Appears in 2 contracts

Samples: Credit and Security Agreement (Interpool Inc), Credit and Security Agreement (Seacastle Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Any Borrower or any other Credit Party shall default in any payment of principal of any Loan when due or in any payment of a Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 2 contracts

Samples: Credit Agreement (Pool Corp), Credit Agreement (Pool Corp)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment in the currency required hereunder of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 2 contracts

Samples: Credit Agreement (OMNICELL, Inc), Credit Agreement (Global Power Equipment Group Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of on any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 2 contracts

Samples: Credit Agreement (Ubiquiti Inc.), Credit Agreement (Ubiquiti Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Any Borrower shall default in any payment of principal of any Loan Loan, Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 2 contracts

Samples: Credit Agreement (G&k Services Inc), Credit Agreement (Duratek Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Globalstar, Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Any Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).. 165457743_4174358596_2

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

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Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan Loan, Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Radyne Corp)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or the Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration acceleration, notice of voluntary prepayment, mandatory prepayment or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Planvista Corp)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due or any Reimbursement Obligation within one Business Day after it is due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Blucora, Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Any Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).. CHAR1\1753066v5

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan Loan, Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).Reimbursement

Appears in 1 contract

Samples: Credit Agreement (Corrections Corporation of America)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise)) and in the currency required hereunder.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower Borrowers shall default in any payment of principal of any Loan or Reimbursement Obligation the obligation of the Company to reimburse any Issuing Lender when and as due and in the currency required hereunder (whether at maturity, by reason of acceleration or otherwise)) and in the currency required hereunder.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of the principal of any Loan or the Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Corrections Corporation of America)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower Borrowers shall default in any payment of principal of any Loan when due or in any payment of a Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (PRA International)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan Revolving Credit Loan, Revolving Credit Note or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: 364 Day Credit Agreement (Jones Apparel Group Inc)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due or any Reimbursement Obligation within one (1) Business Day after it is due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Blucora, Inc.)

Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall will default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

Appears in 1 contract

Samples: Credit Agreement (Opentable Inc)

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