Non-Payment of Loans. The failure of Borrower to pay any principal, interest or other Obligation due under any of the Loan Documents when due and payable, and such failure continues for three Business Days.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Stingray Energy Services, Inc.)
Non-Payment of Loans. The failure of Borrower Borrowers to pay any principal, interest or other Obligation due under any of the Loan Documents when due and payable, and such failure continues for three Business Daysten days.
Appears in 1 contract
Samples: Senior Secured Loan and Security Agreement (Crumbs Bake Shop, Inc.)
Non-Payment of Loans. The failure of Borrower any Loan Party to pay any principal, interest or other Obligation due under any of the Loan Documents when due and payable, payable and such failure continues for three Business Days.
Appears in 1 contract
Samples: Loan, Security and Guaranty Agreement (Foundation Healthcare, Inc.)
