Common use of Interest and Other Payments Clause in Contracts

Interest and Other Payments. Any interest on the Facility or any other amount becoming payable under this Agreement and under any Transaction Document or under any of them, is not paid within three (3) Banking Days from the date when due; or

Appears in 6 contracts

Samples: Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

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Interest and Other Payments. Any interest on the Facility or any other amount becoming payable under this Agreement and under or any other Transaction Document or under any of them, is not paid within three (3) Banking Days from the date when due; or

Appears in 3 contracts

Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

Interest and Other Payments. Any interest on the Facility Balance or any other amount becoming payable under this Agreement and under any Transaction Document or under any of them, is not paid within three (3) Banking Days from the date when due; or

Appears in 3 contracts

Samples: Credit Facility Agreement (OSG America L.P.), Senior Secured Revolving Credit Facility Agreement (OSG America L.P.), Credit Agreement (International Shipholding Corp)

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Interest and Other Payments. Any interest on the Facility Loan or any other amount becoming payable under this Agreement and under any Transaction Document or under any of them, is not paid within three (3) Banking Days from the date when due; or

Appears in 2 contracts

Samples: Loan Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)

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