Non-Payment of Credit. Default, in the payment when due of the principal of the Loan shall occur; or default, and continuance thereof for 5 days, in the payment when due of any interest, fee, or other amount payable by any Loan Party hereunder or under any other Loan Document shall occur.
Appears in 7 contracts
Samples: Credit Agreement (PNG Ventures Inc), Credit Agreement (Earth Biofuels Inc), Credit Agreement (PNG Ventures Inc)
Non-Payment of Credit. Default, Default in the payment when due of the principal of the Loan shall occurany Loan; or default, and continuance thereof for 5 2 days, in the payment when due of any interest, fee, fee or other amount payable by any Loan Party hereunder or under any other Loan Document shall occurDocument.
Appears in 6 contracts
Samples: Credit Agreement (Staffmark Holdings, Inc.), Credit Agreement (Atlas Industries Holdings LLC), Credit Agreement (Atlas Industries Holdings LLC)
Non-Payment of Credit. Default, in the payment when due of the principal of the Loan shall occur; or default, and continuance thereof for 5 daysBusiness Days, in the payment when due of any interest, fee, or other amount payable by any Loan Party hereunder or under any other Loan Document shall occur.
Appears in 5 contracts
Samples: Credit Agreement (Merus Labs International Inc.), Credit Agreement (PDL Biopharma, Inc.), Credit Agreement (Merus Labs International Inc.)
Non-Payment of Credit. Default, Default in the payment when due of the principal of the Loan shall occurany Loan; or default, and continuance thereof for 5 three (3) days, in the payment when due of any other Obligations, including any interest, fee, or other amount payable by any Loan Party hereunder or under any other Loan Document shall occurDocument.
Appears in 3 contracts
Samples: Credit Agreement (ReShape Lifesciences Inc.), Credit Agreement (ReShape Lifesciences Inc.), Credit Agreement (Obalon Therapeutics Inc)
Non-Payment of Credit. Default, Default in the payment when due of the principal of the Loan shall occurany Loan; or default, and continuance thereof for 5 2 days, in the payment when due of any interest, fee, reimbursement obligation with respect to any Letter of Credit or other amount payable by any Loan Party Borrower hereunder or under any other Loan Document shall occurDocument.
Appears in 2 contracts
Samples: Credit Agreement (Compass Group Diversified Holdings LLC), Credit Agreement (Compass Diversified Holdings)
