Non-Payment of Loans, Etc. A default in the payment when due of any principal of any Loan and continuance for five Business Days; or default in the payment when due of any interest on any Loan, fee or other amount payable hereunder and continuance thereof for five Business Days.
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Samples: Credit Facility Agreement (Lee Sara Corp), Credit Facility Agreement (Lee Sara Corp)
Non-Payment of Loans, Etc. A default Default in the payment when due of any the principal of any Loan Loan; or default, and continuance thereof for five Business Days; or default , in the payment when due of any interest on any Loan, fee Loan or any fees or other amount amounts payable hereunder and continuance thereof for five Business Daysby the Borrowers hereunder.
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Samples: Multicurrency Credit Agreement (Applied Power Inc), Multicurrency Credit Agreement (Applied Power Inc)
Non-Payment of Loans, Etc. A default Default in the payment when due of any the principal of any Loan Loan; or default, and continuance thereof for five Business Days; or default , in the payment when due of any interest on any Loan, fee Loan or any fees or other amount amounts payable hereunder and continuance thereof for five Business Daysby the Borrower hereunder.
Appears in 1 contract
Samples: Term Loan Agreement (Apw LTD)
Non-Payment of Loans, Etc. A default Default in the payment when due of any the principal of any Loan or reimbursement of a Letter of Credit; or default, and continuance thereof for five Business Days; or default , in the payment when due of any interest on any Loan, fee Loan or any fees or other amount amounts payable hereunder and continuance thereof for five Business Daysby the Borrower hereunder.
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