Common use of Default in Payment Clause in Contracts

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal of the Loan when due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal of any of the Loan Loans or any Reimbursement Obligation when due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal of any of the Loan Loans when due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Term Loan Maturity Date, (ii) any principal of any of the Loan Loans when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any interest or any other amount due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Termination Date, (ii) any principal of the Loan when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents), or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement, Agreement or any other Loan Document or the Fee Letter within five three (53) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Revolving Maturity Date, (ii) any principal of any of the Loan Loans or any Reimbursement Obligation when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any interest or any other amount due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the applicable Term Loan Maturity Date, (ii) any principal of any of the Loan Loans when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any interest or any other amount due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the applicable Maturity Date, (ii) any principal of any of the Loan Loans or any Reimbursement Obligation when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any interest or any other amount due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal of any of the Loan Loans or any Reimbursement Obligation when due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the any Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due (whether upon demand, at maturity, a scheduled amortization payment, by reason of acceleration or otherwise), (iii) any interest within fifteen (15) days of the date when due, or (iv) any other or other amount due under this Agreement or any other Loan Document when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due).

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Term Loan Maturity Date, (ii) any principal of any of the Loan Loans when due (whether upon demand, at maturity, by reason of accelerationmandatory prepayment, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any interest or any other amount due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Revolving Termination Date, (ii) any principal of any of the Loan Loans or any Reimbursement Obligation when due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due.

Default in Payment. The Borrower or any other Loan Party shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due (whether upon demand, at maturity, a scheduled amortization payment, by reason of the acceleration or otherwise), or (iii) any interest or other amount due under this Agreement or any other Loan Document when due (whether upon demand, at maturity, by reason of acceleration, acceleration or otherwise) under this Agreement or any of the other Loan Documents, or (iii) any other amount due (whether upon demand, at maturity, by reason of acceleration, or otherwise) under this Agreement, any other Loan Document or the Fee Letter within five (5) Business Days of the same being due).