Common use of Non-Payment of Liabilities, etc Clause in Contracts

Non-Payment of Liabilities, etc. Default in the payment when due of any principal of or interest on any Liabilities; or default, and continuance thereof for five days after notice thereof from the Bank, in the payment when due of any fees or other amounts payable by the Applicant hereunder.

Appears in 6 contracts

Samples: Credit Agreement (Nashua Corp), Loan and Security Agreement (ModusLink Global Solutions Inc), Revolving Credit Agreement (Winmark Corp)

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Non-Payment of Liabilities, etc. Default in the payment when due of any principal of or interest on any Liabilities; or default, and continuance thereof for five days after notice thereof from the Bank, in the payment when due of any interest on any Liabilities, fees or other amounts payable by the Applicant hereunder.

Appears in 1 contract

Samples: Master Guarantee (Wyeth)

Non-Payment of Liabilities, etc. Default in the payment when due of any principal of or interest on any Liabilities; , or default, and continuance thereof for five days after notice thereof from the Bank, in the payment when due of any fees or other amounts payable by the Applicant hereunder.

Appears in 1 contract

Samples: Master Letter of Credit Agreement (Viskase Companies Inc)

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Non-Payment of Liabilities, etc. Default in the payment when due of any principal of or interest on any Liabilities; or default, and continuance thereof for five (5) days after notice thereof from the Bank, in the payment when due of any fees (including, without limitation, any Letter of Credit Fee or Commitment Fee) or other amounts payable by the Applicant hereunderhereunder or under any other Financing Document.

Appears in 1 contract

Samples: Power Supply Agreement (Illinois Power Generating Co)

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