Default Payment Terms; Status of Unpaid Default Payments. All default payments (which payments shall be pro rata on a per diem basis for any period of less than 30 days) required to be made in connection with the above provisions shall be paid in cash at any time upon demand, and whether or not a demand is made, by the tenth (10th) day of each calendar month for each partial or full 30-day period occurring prior to that date. Until paid as required in this Agreement, default payments shall be deemed added to, and a part of, the Outstanding Principal Amount of a Holder's Debentures.
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Samples: Registration Rights Agreement (U S Plastic Lumber Corp), Registration Rights Agreement (Worldpages Com Inc), Registration Rights Agreement (U S Plastic Lumber Corp)
Default Payment Terms; Status of Unpaid Default Payments. All default payments Default Payments (which payments shall be pro rata on a per diem basis for any period of less than 30 days) required to be made in connection with the above provisions shall be paid in cash at any time upon demand, and whether or not a demand is made, by the tenth (10th) day of each calendar month for each partial or full 30-day period occurring prior to that date. Until paid as required in this Agreement, default payments shall be deemed added to, and a part of, the Outstanding Principal Amount of a Holder's Debentures.
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