Common use of Non-Payment of Interest Clause in Contracts

Non-Payment of Interest. Default in any payment of interest on any Loan, L/C Advance or any Unpaid Drawing when due and payable and such default continues for 5 days;

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (NXP Semiconductors N.V.), Credit Agreement (NXP Semiconductors N.V.)

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Non-Payment of Interest. Default in any payment of interest on any Loan, L/C Advance or any Unpaid Drawing when due and payable and such default continues for 5 30 days;

Appears in 1 contract

Samples: Credit Agreement (NXP Manufacturing (Thailand) Co., Ltd.)

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Non-Payment of Interest. Default in any payment of interest on any Loan, L/C Advance or any Unpaid Drawing when due and payable and such default continues for 5 daysfive (5) Business Days;

Appears in 1 contract

Samples: Revolving Credit Agreement (NXP Semiconductors N.V.)

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