Common use of Non-Payment of Loans, Etc Clause in Contracts

Non-Payment of Loans, Etc. (a) Default by such Borrower in the payment or prepayment when due of any principal on the Loans made to such Borrower, or (b) Default by such Borrower in the payment within five (5) days of when due of any interest on the Loans made to such Borrower or any other amount owing by such Borrower pursuant to this Agreement.

Appears in 4 contracts

Samples: Guaranty (Conseco Inc), Credit Agreement (Hilbert Stephen C), Credit Agreement (Hilbert Stephen C)

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Non-Payment of Loans, Etc. (a) Default by such Borrower in the payment or prepayment when due of any principal on the Loans made to such BorrowerLoans, or (b) Default by such Borrower in the payment within five (5) days of when due of any interest on the Loans made to such Borrower or any other amount owing by such the Borrower pursuant to this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Conseco Inc Et Al), Credit Agreement (Conseco Inc Et Al), Credit Agreement (Conseco Inc)

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Non-Payment of Loans, Etc. (a) Default by such Borrower in the payment or prepayment when due of any principal of or interest on the Loans made to such Borrower, any Loan; or (b) Default by such Borrower in the payment within and continuance for five (5) days of in the payment when due of any interest on the Loans made to such Borrower or any other amount owing by such the Borrower pursuant to this AgreementAgreement or any Related Documents.

Appears in 2 contracts

Samples: Credit Agreement (Delphi Financial Group Inc/De), Credit Agreement (Delphi Financial Group Inc/De)

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