Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount payable by Borrower hereunder, including, without limitation, interest on any Loan or any Fees, or shall fail to make any deposit required to be made hereunder when due and such failure shall continue for three Business Days.
Appears in 3 contracts
Samples: Loan Agreement (Baldor Electric Co), Loan Agreement (Toro Co), Loan Agreement (Covenant Transport Inc)
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount Obligation payable by Borrower hereunderhereunder or under the other Transaction Documents, including, without limitation, interest on any Loan or any FeesFees and Indemnified Amounts, or shall fail to make any deposit required to be made hereunder when due and and, in each of the foregoing cases, such failure shall continue for three Business Days.one (1)
Appears in 2 contracts
Samples: Loan Agreement (Us Xpress Enterprises Inc), Loan Agreement (Interface Inc)
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount Obligation payable by Borrower hereunderhereunder or under the other Transaction Documents, including, without limitation, interest on any Loan or any FeesFees and Indemnified Amounts, or shall fail to make any deposit required to be made hereunder when due and and, in each of the foregoing cases, such failure shall continue for three two (2) Business Days.
Appears in 2 contracts
Samples: Loan Agreement (G&k Services Inc), Loan Agreement (G&k Services Inc)
Non-Payment of Loans, Etc. The Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any the Fees and other amount payable by the Borrower hereunderhereunder or under any other Transaction Documents, including, without limitation, interest on any Loan or any Fees, or shall fail to make any deposit required to be made hereunder when due and such which failure shall continue have continued for three two Business Days.
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Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount Obligation payable by Borrower hereunderhereunder or under the other Transaction Documents, including, without limitation, interest on any Loan or any FeesFees and Indemnified Amounts, or shall fail to make any deposit required to be made hereunder when due and and, in each of the foregoing cases, such failure shall continue for three (3) Business Days.
Appears in 1 contract
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount Obligation payable by Borrower hereunderhereunder or under the other Transaction Documents, including, without limitation, interest on any Loan or any FeesFees and Indemnified Amounts, or shall fail to make any deposit required to be made hereunder when due and and, in each of the foregoing cases, such failure shall continue for three Business Days.(3)
Appears in 1 contract
Samples: Loan Agreement (Choicepoint Inc)
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount payable by Borrower hereunder, including, without limitation, interest on any Loan or any Fees, or shall fail to make any deposit required to be made hereunder when due and any such failure shall continue remain unremedied for three two Business DaysDays after the Borrower, the Originator, the Servicer or Asta, has knowledge or notice thereof.
Appears in 1 contract
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount payable by Borrower hereunder, including, without limitation, interest on any Loan or any Fees, or shall fail to make any deposit required to be made hereunder when due and in each case any such failure shall continue remain unremedied for three two Business DaysDays after the Borrower, the Originator, the Servicer or Asta has received written notice thereof from Lender.
Appears in 1 contract
Samples: Settlement Agreement and Omnibus Amendment (Asta Funding Inc)
Non-Payment of Loans, Etc. Borrower shall fail to make any -------------------------- payment when due of any principal of or interest on any Loan, or payment of any other amount payable by Borrower hereunder, including, without limitation, interest on any Loan or any Fees, or shall fail to make any deposit required to be made hereunder when due and such failure shall continue for three Business Days.
Appears in 1 contract
Samples: Loan Agreement (Dixie Group Inc)
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount Obligation payable by Borrower hereunderhereunder or under the other Transaction Documents, including, without limitation, interest on any Loan or any FeesFees and Indemnified Amounts, or shall fail to make any deposit required to be made hereunder when due and and, in each of the foregoing cases, such failure shall continue for three Business Days.two (2)
Appears in 1 contract
Samples: Loan Agreement (G&k Services Inc)
Non-Payment of Loans, Etc. Borrower shall fail to make any payment when due of any principal of or interest on any Loan, or payment of any other amount payable by Borrower hereunder, including, without limitation, interest on any Loan or any Fees, or shall fail to make any deposit required to be made hereunder when due and such failure shall continue for three (3) Business Days.
Appears in 1 contract
