Interest Payments and Fees. The Company shall default in the payment of interest on the Note, or the payment of any Commitment Fee, when and as the same shall become due and payable, whether at the due date thereof or by acceleration or otherwise, provided such default shall continue for a period of 10 days;
Appears in 2 contracts
Samples: Revolving Credit Agreement (Max & Ermas Restaurants Inc), Revolving Credit Agreement (Max & Ermas Restaurants Inc)
Interest Payments and Fees. The Company shall default in the payment of interest on the NoteNotes, or the payment of any Commitment Fee, when and as the same shall become due and payable, whether at the due date thereof or by acceleration or otherwise, provided such default shall continue for a period of 10 days;
Appears in 2 contracts
Samples: Revolving Credit Agreement (Max & Ermas Restaurants Inc), Revolving Credit Agreement (Max & Ermas Restaurants Inc)
Interest Payments and Fees. The Company shall default in the payment of interest on the NoteNotes, or the payment of any Commitment Fee, when and as the same shall become due and payable, whether at the due date thereof or by acceleration or otherwise, provided PROVIDED such default shall continue for a period of 10 days;
Appears in 1 contract
Samples: Revolving Credit Agreement (Max & Ermas Restaurants Inc)