Common use of Failure to Make Payments When Due Clause in Contracts

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Loan whether at stated maturity (including on the Maturity Date), by acceleration or otherwise; (ii) within three (3) Business Days after its due date, any interest on any Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or

Appears in 6 contracts

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

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Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Loan whether at stated maturity (including on the Maturity Revolving Commitment Termination Date), by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or

Appears in 5 contracts

Samples: Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital Inc)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Revolving Loan whether at stated maturity (including on the Maturity Date)maturity, by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Revolving Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or (iv) the amounts required to be paid pursuant to Section 2.8 on or before the Revolving Commitment Termination Date; or

Appears in 5 contracts

Samples: Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Revolving Loan whether at stated maturity (including on the Maturity Revolving Commitment Termination Date), by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Revolving Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or

Appears in 4 contracts

Samples: Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital, Inc.), Credit Agreement (On Deck Capital Inc)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Revolving Loan whether at stated maturity (including on the Maturity Amortization Period End Date), by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Revolving Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or

Appears in 3 contracts

Samples: Credit Agreement (On Deck Capital Inc), Credit Agreement (On Deck Capital Inc), Credit Agreement (On Deck Capital Inc)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Loan whether at stated maturity (including on the Maturity Date)maturity, by acceleration or otherwise; (ii) within three (3) Business Days after its due date, any interest on any Loan or any fee due hereunderhereunder or under the Pricing Letter; or (iii) within thirty five (305) days Business Days after its due date, any other amount due hereunderhereunder or under the Pricing Letter; or (iv) the amounts required to be paid pursuant to Section 2.7 on or before the Maturity Date; or

Appears in 1 contract

Samples: Credit Agreement (On Deck Capital, Inc.)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Loan whether at stated maturity (including on the Maturity Date), by acceleration or otherwise; (ii) within three (3) Business Days after its due date, any interest on any Loan or any fee due hereunderLoan; or (iii) within thirty (30) days after its due date, any fee or other amount due hereunder; or

Appears in 1 contract

Samples: Credit Agreement (On Deck Capital, Inc.)

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Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Loan whether at stated maturity (including on the Maturity Date)maturity, by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or (iv) the amounts required to be paid pursuant to Section 2.7 on or before the Maturity Date; or

Appears in 1 contract

Samples: Credit Agreement (On Deck Capital, Inc.)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company to pay (i) when due, the principal of and premium, if any, on any Revolving Loan whether at stated maturity (including on the Maturity Date)maturity, by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Loan Revolving Loan, any fee due and payable by Company hereunder or any fee or other amount due hereunderand payable under the Undertakings Agreement; or (iii) within thirty (30) days after its due date, any other amount due hereunderthe amounts required to be paid pursuant to Section 2.8 on or before the Maturity Date; or

Appears in 1 contract

Samples: Credit Agreement (On Deck Capital, Inc.)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company or any Guarantor to pay (i) when due, the principal of and premium, if any, on any Revolving Loan whether at stated maturity (including on the Maturity Date)maturity, by acceleration acceleration, in accordance with the required amortization after the Payout Period Start Date or otherwise; (ii) within three four (34) Business Days after its due date, any interest on any Revolving Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, any other amount due hereunder; or

Appears in 1 contract

Samples: Credit Agreement (On Deck Capital, Inc.)

Failure to Make Payments When Due. Other than with respect to a Borrowing Base Deficiency, failure by Company the Borrower to pay pay: (i) when due, the principal of and any applicable premium, if any, on any Loan whether at stated maturity (including on the Maturity Revolving Commitment Termination Date), by acceleration or otherwise; (ii) within three two (32) Business Days after its due date, any interest on any Loan or any fee due hereunder; or (iii) within thirty (30) days after its due date, failure by the Borrower or the Servicer to pay or transfer any other amount due hereunder; or

Appears in 1 contract

Samples: Credit Agreement (CURO Group Holdings Corp.)

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