Failure to Pay Interest or Fees. If the Borrower defaults in the due and punctual payment of any interest, Stamping Fees or Standby Fees owing under the Loan Documents or under the Operating Credit Agreement as and when the same becomes due and payable, and such default continues for a period of three (3) Business Days.
Appears in 3 contracts
Samples: Syndicated Credit Agreement (Enterra Energy Trust), Syndicated Credit Agreement (Enterra Energy Trust), Syndicated Credit Agreement (Enterra Energy Trust)
Failure to Pay Interest or Fees. If the Borrower defaults in the due and punctual payment of any interest, Stamping Fees or Standby Fees owing under in respect of the Loan Documents or under the Obligations and Operating Credit Agreement Obligations as and when the same becomes due and payable, and such default continues for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Failure to Pay Interest or Fees. If the Borrower defaults in the due and punctual payment of any interest, Stamping Fees or Standby Fees owing under in respect of the Loan Documents or under the Operating Credit Agreement Obligations as and when the same becomes due and payable, and such default continues for a period of three (3) Business Days.
Appears in 1 contract
Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
