Common use of Failure to Pay Principal or Interest Clause in Contracts

Failure to Pay Principal or Interest. The Borrower fails to pay when due any part of the principal of, or interest on, the Loan and such failure continues for a period of 5 days;

Appears in 4 contracts

Samples: Loan Agreement (Logistic Properties of the Americas), Loan Agreement (Logistic Properties of the Americas), Loan Agreement (Telecom Argentina Sa)

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Failure to Pay Principal or Interest. The Borrower fails Borrowers fail to pay when due any part of the principal of, or interest on, the Loan and such failure continues for a period of 5 five (5) days;

Appears in 3 contracts

Samples: Loan Agreement (Ultrapetrol Bahamas LTD), Loan Agreement (Ultrapetrol Bahamas LTD), Loan Agreement (Ultrapetrol Bahamas LTD)

Failure to Pay Principal or Interest. The Borrower Any Obligor fails to pay when due any part of the principal of, or interest on, the Loan Loans and such failure continues for a period of 5 days;

Appears in 3 contracts

Samples: Loan Agreement (China Education Investment Holding), Loan Agreement (Ambow Education Holding Ltd.), Loan Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

Failure to Pay Principal or Interest. The Such Onshore Borrower fails to pay when due any part of the principal of, or interest on, the Loan made to it and such failure continues for a period of 5 five (5) days;

Appears in 2 contracts

Samples: Loan Agreement (Chindex International Inc), Loan Agreement (Chindex International Inc)

Failure to Pay Principal or Interest. (i) The Borrower fails to pay when due any part of the principal of, or interest on, the Loan and such failure continues for a period of 5 days; or (ii) the Guarantor fails to pay when due any amounts payable under the Guarantee Agreement and such failure continues for a period of 5 days;

Appears in 2 contracts

Samples: Loan Agreement (Chindex International Inc), Loan Agreement (Chindex International Inc)

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Failure to Pay Principal or Interest. The Borrower fails to pay when due any part of the principal of, or interest on, the Loan and such failure continues for a period of 5 five (5) days;

Appears in 2 contracts

Samples: Loan Agreement (Ultrapetrol Bahamas LTD), Loan Agreement (Ultrapetrol Bahamas LTD)

Failure to Pay Principal or Interest. The Borrower fails to pay when due any part of the principal of, or interest on, the Loan Loans and such failure continues for a period of 5 days;

Appears in 2 contracts

Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)

Failure to Pay Principal or Interest. The Borrower fails Borrowers fail to pay when due any part of the principal of, or interest on, the Loan Loans and such failure continues for a period of 5 five (5) days;

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Toreador Resources Corp)

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