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

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.

Appears in 2 contracts

Samples: 364 Day Bridge Competitive Advance and Revolving Credit Facility Agreement (Lee Sara Corp), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Lee Sara Corp)

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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.

Appears in 2 contracts

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)

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Non-Payment of Loans, Etc. (i) A default in the payment when due of any principal of any Loan and continuance for five Business Days; or any Reimbursement Obligation or (ii) a default in the payment when due of any interest on any Loan, fee fee, including, without limitation, any LC Fee, or other amount payable hereunder and the continuance thereof for five Business Days.

Appears in 1 contract

Samples: Five Year Revolving Credit Facility Agreement (Sara Lee Corp)

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