Common use of Failure to Pay Principal Clause in Contracts

Failure to Pay Principal. The Company defaults in the payment of any principal of any Loan when the same shall become due, either by the terms thereof or otherwise as herein provided.

Appears in 5 contracts

Samples: Term Loan Agreement (Conagra Brands Inc.), Term Loan Agreement (Conagra Brands Inc.), Term Loan Agreement (Conagra Brands Inc.)

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Failure to Pay Principal. The Company defaults in the payment of any principal of any Loan or any reimbursement obligation in respect of any L/C Obligation when the same shall become due, either by the terms thereof or otherwise as herein provided.

Appears in 3 contracts

Samples: Assignment and Assumption (Conagra Brands Inc.), Assignment and Assumption (Conagra Brands Inc.), Revolving Credit Agreement (Conagra Brands Inc.)

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