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: Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

AutoNDA by SimpleDocs

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

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

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)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Credit Agreement (Overseas Shipholding Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!