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

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan or any other amount due under this Agreement continued for 30 days; or

Appears in 20 contracts

Samples: Senior Secured Loan Agreement (RBF Finance Co), Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (R&b Falcon Corp)

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Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the any Loan or any reimbursement obligation in respect of any drawing under a Letter of Credit when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the any Loan or any other amount due under this Agreement continued when due and such default shall continue for 30 5 days; or

Appears in 7 contracts

Samples: Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the any Loan when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the any Loan or any other amount due under this Agreement continued when due and such default shall continue for 30 5 days; or

Appears in 7 contracts

Samples: 364 Day Term Loan Credit Agreement (Textron Inc), Credit Agreement (Textron Inc), Credit Agreement (Textron Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the any Loan or Reimbursement Obligation when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan or any other amount due under this Agreement continued for 30 days; or(including, without limitation, the fees described in Section 2.11 hereof) or to pay interest on any Loan or Reimbursement Obligation, in either case within three Business Days after the date when due.

Appears in 3 contracts

Samples: Credit Agreement (S&P Global Inc.), Credit Agreement (McGraw Hill Financial Inc), Credit Agreement (McGraw Hill Financial Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the any Loan when due, whether at stated maturity, by acceleration, by operation of Section 4.4, by notice of prepayment or otherwise; failure to make reimbursement with respect to any Letter of Credit when due; or failure to pay any interest (including Special Interest and Additional Amounts) on the any Loan or any other amount (which other amount has been previously invoiced) due under this Agreement continued for 30 days; or(other than with respect to any Other Permitted Credit Exposure guaranteed under Article XIV) within five (5) Business Days after the date due.

Appears in 3 contracts

Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)

Failure to Make Payments When Due. Failure to pay any --------------------------------- installment of principal including Premium of the any Loan when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan or any other amount due under this Agreement continued for 30 days; or(including, without limitation, the fees described in Section 2.11 hereof) or to pay interest on any Loan, in either case within 3 Business Days after the date when due.

Appears in 2 contracts

Samples: Credit Agreement (McGraw-Hill Companies Inc), Credit Agreement (McGraw-Hill Companies Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan when due, whether at stated maturity, by acceleration, by notice of prepayment prepayment, by operation of Section 2.5 or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan within 15 days after the date due (in each case whether or any other amount due under this Agreement continued for 30 daysnot such payment is prohibited by Article VIII); or

Appears in 2 contracts

Samples: Senior Subordinated Credit Agreement (Cb Commercial Real Estate Services Group Inc), Senior Subordinated Credit Agreement (Cb Commercial Holdings Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan Loans or any other amount due under this Agreement continued for within 30 daysdays after the date due; or

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Central European Media Enterprises LTD)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the any Loan when due, whether at stated maturity, by declaration or acceleration, by notice of prepayment, by required prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the any Loan or any other amount due under this Agreement continued for 30 days(including, without limitation, any payment with respect to reimbursement of amounts drawn under Letters of Credit) within five (5) days after the date due; or

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of any Loan when due, or any amount payable in reimbursement of the Loan Issuing Lender in respect of a Letter of Credit when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any installment of interest (including Special Interest and Additional Amounts) on the any Loan or any other amount due under this Agreement continued for 30 dayswithin five days after the date due; or

Appears in 1 contract

Samples: Credit Agreement (Danaher Corp /De/)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any Prepayment Premium or any interest (including Special Interest and Additional Amounts) on the Loan Loans or any other amount due under this Agreement continued for 30 dayswithin five (5) days or more after the date due; or

Appears in 1 contract

Samples: Loan Agreement (Formus Communications Inc)

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Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Term Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan Term Loans or any other amount due under this Agreement continued when due and such default shall continue for 30 5 days; or

Appears in 1 contract

Samples: Term Credit Agreement (Textron Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan Loans or any other amount due under this Agreement continued for within (A) prior to the time the Term Loan shall accrue interest at a Fixed Rate, five days or more after the date due or (B) after such time as the Term Loan shall accrue interest at a Fixed Rate, 30 days; ordays after the date due.

Appears in 1 contract

Samples: Senior Bridge Loan Credit Agreement (Equinix Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the any Loan when due, whether at stated maturity, by declaration or acceleration, by notice of prepayment, by required prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the any Loan or any other amount due under this Agreement continued for 30 days(including, without limita- tion, any payment with respect to reimbursement of amounts drawn under Letters of Credit) within five (5) days after the date due; or

Appears in 1 contract

Samples: Credit Agreement (Wherehouse Entertainment Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any fee or any interest (including Special Interest and Additional Amounts) on the Loan Loans or any other amount due under this Agreement continued for 30 dayswithin one (1) day or more after the date due; or

Appears in 1 contract

Samples: Loan Agreement (Elgar Holdings Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan Loans or any other amount due under this Agreement continued for 30 daysor an Assignment Agreement within five days or more after the date due; or

Appears in 1 contract

Samples: Credit Agreement (Republic Engineered Steels Inc)

Failure to Make Payments When Due. Failure to pay any installment of principal including Premium of the Loan Loans when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan Loans or any other amount due under this Agreement continued for within (A) prior to the time the Term Loan shall accrue interest at a Fixed Rate, ten days or more after the date due or (B) after such time as the Term Loan shall accrue interest at a Fixed Rate, 30 daysdays after the date due; or

Appears in 1 contract

Samples: Senior Credit Agreement (Young America Holdings Inc)

Failure to Make Payments When Due. Failure to pay any installment of --------------------------------- principal including Premium of the Loans when due, or failure to pay interest on the Loans or other amounts due under this Agreement or any other Loan Document when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise; or failure to pay any interest (including Special Interest and Additional Amounts) on the Loan or any other amount due under this Agreement continued for 30 days; or

Appears in 1 contract

Samples: Loan Agreement (Trump Hotels & Casino Resorts Funding Inc)

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