Interest and Expense Non-Payment. Any Loan Party fails to pay, when and as required to be paid herein, any interest due on any Interest Payment Date, any other payments for fees, expenses, or other amount payable hereunder or under any other Loan Document within three Business Days after the same becomes due and payable;
Appears in 5 contracts
Samples: Term Loan Agreement (TXCO Resources Inc), Term Loan Agreement (Exploration Co of Delaware Inc), Term Loan Agreement (Venoco, Inc.)
Interest and Expense Non-Payment. Any Loan Party fails to pay, when and as required to be paid herein, any interest due on any Interest Payment Date, any other payments for fees, expenses, or other amount payable hereunder or under any other Loan Document within three (3) Business Days after the same becomes due and payable;
Appears in 4 contracts
Samples: Credit Agreement (Venoco, Inc.), Term Loan Agreement (Venoco, Inc.), Term Loan Agreement (Venoco, Inc.)
Interest and Expense Non-Payment. Any Loan Party fails to pay, when and as required to be paid herein, any interest due on any Interest Payment Date, any other payments for fees, expenses, or other amount amounts payable hereunder or under any other Loan Document within three (3) Business Days after the same becomes due and payable;
Appears in 3 contracts
Samples: Second Lien Term Loan Agreement (Venoco, Inc.), Credit Agreement (Venoco, Inc.), Credit Agreement (Venoco, Inc.)
