Common use of Failure to Make Payments Clause in Contracts

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 6 contracts

Samples: Credit Agreement (Cke Restaurants Inc), Credit Agreement (Cke Restaurants Inc), Credit Agreement (Cke Restaurants Inc)

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Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans Advances, and such default shall continue unremedied for one or more Business Days or (ii) default, and such default shall continue unremedied for two (2) ten or more Business Daysdays, in the payment when due of any interest on the Loans Advances or (iii) default, and such default shall continue unremedied for 30 or more days from the date of notice of such default, in the payment when due of any Fees fees or any other amounts owing hereunder.; or

Appears in 5 contracts

Samples: Assignment and Assumption (Eastman Chemical Co), Credit Agreement (Eastman Chemical Co), Credit Agreement (Eastman Chemical Co)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder, and in the case of the circumstances described in this clause (ii), such default shall continue unremedied for three or more Business Days.

Appears in 3 contracts

Samples: Bridge Loan Agreement (Metromedia International Group Inc), Bridge Loan Agreement (PLD Telekom Inc), Bridge Loan Agreement (PLD Telekom Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of on the Loans or on any Reimbursement Obligation or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when fees hereunder for a period of five Domestic Business Days after such interest or fees are due of any Fees or any other amounts owing hereunderand payable.

Appears in 2 contracts

Samples: Agreement (Ultramar Diamond Shamrock Corp), Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any Fees or any other Obligations (other than principal of on the Loans Loans) under this Agreement or (ii) default, any other Credit Document and such default shall continue unremedied for two a period of five (25) Business Days of receipt of written notice from the Administrative Agent (at the direction of the Required Lenders except as to Fees, interest and principal), or more Business Days, (ii) default in the payment when due of any interest on principal with respect to the Loans or in the payment when due Loans, including any mandatory prepayments required hereunder, and such default shall continue for a period of any Fees or any other amounts owing hereunderthree (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two (2) five or more Business Days, in the payment when due of any interest on the Loans or (iii) default, and such default shall continue unremedied for ten or more days after notice of such default, in the payment when due of any Fees fees or any other amounts owing hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Eastman Kodak Co), Day Credit Agreement (Eastman Kodak Co)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or LC Disbursement or (ii) default, default and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Genmar Holdings Inc), Credit Agreement (Genmar Holdings Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Revolving Loans or (ii) default, and such default shall continue unremedied for two (2) three or more Business Days, in the payment when due of any interest on the Revolving Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Stage Stores Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of on the Loans or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when fees hereunder for a period of five Domestic Business Days after such interest or fees are due of any Fees or any other amounts owing hereunderand payable.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Revolving Loans or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Revolving Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Cke Restaurants Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or its obligations under Section 3.3 or (ii) default, and such default shall continue unremedied for two (2) five or more Business Days, in the payment when due of any interest on the Loans or (iii) default, and such default shall continue unremedied for ten or more days after notice of such default, in the payment when due of any Fees fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Year Credit Agreement (Eastman Kodak Co)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of on the Loans Loans, or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on interest, fees or other Obligation under the Loans or in the payment when Documents for a period of five Banking Days after such amounts are due of any Fees or any other amounts owing hereunderand payable.

Appears in 1 contract

Samples: Credit Agreement (Ultramar Diamond Shamrock Corp)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any Fees or any other Obligations (other than principal of on the Loans or Loans), for ten (ii) default, and such default shall continue unremedied for two (210) or more Business Days, or (ii) default in the payment when due of any interest on principal with respect to the Loans or in the payment when due of Loans, including any Fees or any other amounts owing mandatory prepayments required hereunder.

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Cleco Power LLC)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of on the Loans or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when fees hereunder for a period of five Domestic Business Days after such interest or fees are due of any Fees or any other amounts owing hereunder.and payable. (b)

Appears in 1 contract

Samples: Bridge Loan Agreement (Ultramar Diamond Shamrock Corp)

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Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or any reimbursement obligation for a disbursement made under any Letter of Credit or (ii) default, and such default shall continue unremedied for two five (25) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Inland Resources Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans Loan or (ii) default, and such default shall continue unremedied for two (2) three or more Business Days, in the payment when due of any interest on the Loans Loan or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Synapse Group Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two (2) 10 or more Business Dayscalendar days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Amre Inc)

Failure to Make Payments. The Borrower shall (i) default in ------------------------ the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two (2) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Cke Restaurants Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two three (23) or more Business Daysdays, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Credit Agreement (BMJ Medical Management Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of or interest on the Loans (including any mandatory prepayments required hereunder or (iiany Fees or other Obligations) default, and such default shall continue unremedied uncured for two five (25) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunderdays.

Appears in 1 contract

Samples: Construction and Term Loan Agreement (NRG Generating U S Inc)

Failure to Make Payments. The Borrower shall (i) default in the payment when due of any principal of the Loans or (ii) default, default and such default shall continue unremedied for two ten (210) or more Business Days, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Execution Copy (Genmar Holdings Inc)

Failure to Make Payments. The Borrower shall (i) default in ------------------------ the payment when due of any principal of the Loans or (ii) default, and such default shall continue unremedied for two five (25) or more Business Daysdays, in the payment when due of any interest on the Loans or in the payment when due of any Fees or any other amounts owing hereunder.

Appears in 1 contract

Samples: Security Agreement (Synbiotics Corp)

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