Common use of Failure to Make Required Payments Clause in Contracts

Failure to Make Required Payments. Failure by Maker to pay the principal amount due pursuant to this Note within five (5) business days of the Maturity Date.

Appears in 13 contracts

Samples: Working Capital Loan Agreement (Vector Acquisition Corp II), Working Capital Loan Agreement (Vector Acquisition Corp II), Working Capital Loan Agreement (Vector Acquisition Corp II)

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Failure to Make Required Payments. Failure by Maker to pay the any principal amount due (including, but not limited to, by way of the issuance of Conversion Warrants in accordance with the terms of this Note) pursuant to this Note within five (5) business days of the Maturity Date.

Appears in 2 contracts

Samples: Promissory Note (Zalatoris Acquisition Corp.), Promissory Note (Zalatoris II Acquisition Corp)

Failure to Make Required Payments. Failure by the Maker to pay the principal amount due pursuant to this Note within five (5) business days Business Day of the Maturity Date.

Appears in 1 contract

Samples: Merger and Share Exchange Agreement (DELTA CORP. HOLDINGS LTD)

Failure to Make Required Payments. Failure by Maker to pay the principal amount Outstanding Principal Balance due pursuant to this Note within five (5) business days of the Maturity Date.

Appears in 1 contract

Samples: Sponsor Support Agreement (East Resources Acquisition Co)

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Failure to Make Required Payments. Failure by the Maker to pay the principal any amount due pursuant to this Note within five (5) business days day of the applicable Maturity Date.

Appears in 1 contract

Samples: Note Purchase Agreement (Direct Selling Acquisition Corp.)

Failure to Make Required Payments. Failure by the Maker to pay the principal any amount due pursuant to this Note within five (5) business days of the applicable Maturity Date.

Appears in 1 contract

Samples: Note Purchase Agreement (OCA Acquisition Corp.)

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