Failure to Pay Obligations. If Borrower fails to pay when due and payable or when declared due and payable all or any portion of the Obligations owing to Capital (whether of principal, taxes, reimbursement of Capital Expenses, or otherwise);
Appears in 5 contracts
Samples: Loan and Security Agreement (First Choice Healthcare Solutions, Inc.), Loan and Security Agreement (United Golf Products Inc), Loan and Security Agreement (Swisher International Inc)
Failure to Pay Obligations. If Borrower fails to pay when due and payable or when declared due and payable all or any portion of the Obligations owing to Capital Bank (whether of principal, taxes, reimbursement of Capital Bank Expenses, or otherwise);
Appears in 2 contracts
Samples: Term Loan Agreement (Cherokee Inc), Term Loan Agreement (Cherokee Inc)
Failure to Pay Obligations. If Borrower fails to pay when due and payable or when declared due and payable all or any portion of the Obligations owing to Capital (whether of principal, interest, taxes, reimbursement of Capital Expenses, or otherwise);
Appears in 2 contracts
Samples: Loan and Security Agreement (Celtic Investment Inc), Loan and Security Agreement (Celtic Investment Inc)
