Common use of Failure to Pay Principal Clause in Contracts

Failure to Pay Principal. The Borrower fails to pay or cause to be paid (A) any principal of any Advance on the Lending Facility Termination Date or (B) the Lending Facility Principal Payment Amount due on any Payment Date and, if such failure is due to an administrative omission, mistake or technical difficulty such failure continues for five (5) Business Days after the date when such payment became due;

Failure to Pay Principal. The Borrower fails to pay or cause to be paid (A) any principal of any Advance on the Lending Facility Termination Date or (B) the Lending Revolving Facility Principal Payment Distributable Amount due on any Payment Date and, if such failure is due to an administrative omission, mistake or technical difficulty such failure continues for five (5) two Business Days after the date when such payment became duePayment Date;

Failure to Pay Principal. The Borrower fails Borrowers fail to pay or cause to be paid (A) any principal of any Advance on the Lending Facility Termination Date or (B) the Lending Revolving Facility Principal Payment Amount due on any Payment Date and, if such failure is due to an administrative omission, mistake or technical difficulty such failure continues for five (5) 5 Business Days after the date when such payment principal became due;