Common use of Failure to Pay Interest, Fees and Other Amounts Clause in Contracts

Failure to Pay Interest, Fees and Other Amounts. The Borrowers shall fail to make any payment of interest on any Loan or shall fail to pay any fees or any other amounts owing hereunder or under any other Loan Documents (other than as specified in paragraph (a) above) on the dates when such interest, fees or other amounts shall become due and payable and such failure continues for more than three (3) Business Days.

Appears in 4 contracts

Samples: Credit Agreement (Genesis Eldercare Acquisition Corp), Credit Agreement (Genesis Eldercare Acquisition Corp), Credit Agreement (Genesis Health Ventures Inc /Pa)

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Failure to Pay Interest, Fees and Other Amounts. The Borrowers shall fail to make any payment of interest on any Loan or shall fail to pay any fees or any other amounts owing hereunder or under any other Loan Documents (other than as specified in paragraph (a) above) on the dates when such interest, fees or other amounts shall become due and payable and such failure continues for more than three (3) Business Dayspayable.

Appears in 1 contract

Samples: Credit Agreement (J&j Snack Foods Corp)

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Failure to Pay Interest, Fees and Other Amounts. The Borrowers Borrower shall fail to make any payment of interest on any Loan or shall fail to pay any fees or any other amounts owing hereunder or under any other Loan Documents (other than as specified in paragraph (a) above) on the dates when such interest, fees or other amounts shall become due and payable and such failure continues for more than three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Genesis Eldercare Acquisition Corp)

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