Failure to Repay Principal. The Borrower shall fail to pay any principal of any Loan or any Reimbursement Obligation when the same becomes due and payable; or
Appears in 3 contracts
Samples: Security Agreement (National Steel Corp), Credit Agreement (National Steel Corp), Credit Agreement (National Steel Corp)
Failure to Repay Principal. The Borrower shall fail to pay any principal of any Loan or any Reimbursement Obligation when the same becomes due and payable; or
Appears in 2 contracts
Samples: Pledge and Security Agreement (National Steel Corp), Subordinated Credit Agreement (National Steel Corp)
