Common use of Failure to Pay Obligations Clause in Contracts

Failure to Pay Obligations. The failure of Borrower to pay any principal of the Loan, any installment thereof, any interest thereon, or any fees or other amount required to be paid to Administrative Agent or the Lenders hereunder or under the Notes or the other Loan Documents when due and payable, whether at scheduled maturity or any other payment date, upon acceleration, or otherwise.

Failure to Pay Obligations. The failure of Borrower to pay any principal of the Loanany Advance (including under any Note or any Competitive Bid Note) or Swingline Advance, any installment thereof, any interest thereon, or any fees or other amount required to be paid to Administrative Agent Agent, the Lenders or the Lenders Fronting Bank hereunder or under the Notes Notes, the Swingline Note or the other Loan Documents when due and payable, whether at scheduled maturity or any other payment date, upon acceleration, or otherwise.