Failure to Pay Principal or Reimburse Drawings. The Borrowers shall fail to make any payment of the principal of any Loan on the date when the same shall become due and payable, whether at stated maturity or at a date fixed for any installment or prepayment thereof or otherwise; or the Borrowers shall fail to make any reimbursement of any Drawing under a Letter of Credit or shall fail to deposit any amount into the cash collateral account, in either case, at the times and in the amounts specified in Article 3 above.
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Samples: Credit Agreement (Genesis Eldercare Acquisition Corp), Credit Agreement (Genesis Health Ventures Inc /Pa), Credit Agreement (Genesis Eldercare Acquisition Corp)
Failure to Pay Principal or Reimburse Drawings. The Borrowers shall fail to make any payment of the principal of any Loan on the date when the same shall become due and payable, whether at stated maturity or at a date fixed for any installment or prepayment thereof or otherwise; or the Borrowers shall fail to make any reimbursement of any Drawing under a Letter of Credit or shall fail to deposit any amount into the cash collateral account, in either case, at the times and in the amounts specified in Article 3 above.
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