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Common use of FAILURE TO MAKE OTHER PAYMENTS Clause in Contracts

FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower to pay within Five (5) Business Days after the date when due (or upon demand, if payable on demand) any payment Liability other than those set forth in Section 10-1 hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Designs Inc), Loan and Security Agreement (Designs Inc)

FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower Borrowers to pay within Five five (5) Business Days after the date of when due (or upon demand, if payable on demand) any payment Liability other than those set forth referred to in Section 10-1 hereof10.1 above.

Appears in 1 contract

Samples: Loan and Security Agreement (Lechters Inc)

FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower Borrowers to pay within Five five (5) Business Days after the date of when due (or upon demand, if payable on demand) any payment Liability other than those set forth in Section 10-1 hereofunder the Revolving Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Lechters Inc)

FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower Borrowers to pay within Five five (5) Business Days after the date of when due (or upon demand, if payable on demand) any payment Liability other than those set forth in Section under the Revolving Credit or the Tranche B Loan. 10-1 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Lechters Inc)