Common use of Non-Payment of Obligations Clause in Contracts

Non-Payment of Obligations. Borrower shall default in the payment or prepayment when due of any principal of any Loan, or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 16 contracts

Samples: Credit Agreement (APA Corp), Credit Agreement (APA Corp), Credit Agreement (Apache Corp)

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Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (i) any principal of or interest on any Loan, or Borrower shall default (ii) any fee described in Article III or any other monetary Obligation, and in the case of clause (ii) such default shall continue unremedied for a period of five (5) two Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 14 contracts

Samples: Credit Agreement (MDxHealth SA), Credit Agreement (Verrica Pharmaceuticals Inc.), Credit Agreement (AVITA Medical, Inc.)

Non-Payment of Obligations. Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan or any reimbursement obligation in respect of any LC Disbursement, or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 11 contracts

Samples: Credit Agreement (Apache Corp), Credit Agreement (APA Corp), Credit Agreement (Apache Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (i) any principal of or interest on any Loan, or Borrower shall default (ii) any fee described in Article III or any other monetary Obligation, and in the case of clause (ii) such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 10 contracts

Samples: Credit Agreement (Acutus Medical, Inc.), Credit Agreement (Acutus Medical, Inc.), Credit, Security and Guaranty Agreement (iRhythm Technologies, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interestinterest on any Loan, of any fee hereunder or of any other obligation hereunderObligation.

Appears in 10 contracts

Samples: Term Loan Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc), 364 Day Credit Agreement (Noble Energy Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of or interest on any LoanLoan or any reimbursement obligation when due, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, commitment fee or other fee or of any other obligation hereunderObligation.

Appears in 8 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

Non-Payment of Obligations. Borrower The Borrowers shall default in the payment or prepayment when due of of: (a) any principal of any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.7.4; or (b) any interest on any Loan or any fee described in Article III or any other monetary Obligation, and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 7 contracts

Samples: Credit Agreement (Ferro Corp), Credit Agreement (Ferro Corp), Credit Agreement (Ferro Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (i) any principal of any Loan, or Borrower shall default Loan when such amount is due; or (ii) any interest on any Loan when such amount is due and such default shall continue unremedied for a period of five (5) Business DaysDays after such amount is due; or (iii) any fee described in the payment when due of any interest, fee Article IV or of any other obligation hereundermonetary Obligation under the Credit Documents when such amount is due and such default shall continue unremedied for a period of five (5) Business Days after such amount is due.

Appears in 7 contracts

Samples: Credit Agreement (Minerva Surgical Inc), Second Lien Credit Agreement (Teligent, Inc.), First Lien Credit Agreement (Teligent, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan or any reimbursement obligation in respect of any LC Disbursement, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interestinterest on any Loan, of any fee hereunder or of any other obligation hereunderObligation.

Appears in 7 contracts

Samples: Credit Agreement (Cimarex Energy Co), Third Amendment (Noble Energy Inc), Credit Agreement (Cimarex Energy Co)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (i) any principal of any Loan, or Borrower shall default Loan when such amount is due; or (ii) any interest on any Loan and such default shall continue unremedied for a period of five three (53) Business DaysDays after such amount is due; or (iii) any fee described in the payment when due of any interest, fee Article III or of any other obligation hereundermonetary Obligation, and such default shall continue unremedied for a period of three (3) Business Days after such amount is due.

Appears in 5 contracts

Samples: Credit Agreement (Grindr Inc.), Credit Agreement (Grindr Inc.), Credit Agreement (Tiga Acquisition Corp.)

Non-Payment of Obligations. (a) The Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan when due or any Reimbursement Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.4, as the case may be, or Borrower (b) any Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, interest or commitment fee with respect to the Loans or Commitments or of any other obligation hereundermonetary Obligation.

Appears in 5 contracts

Samples: Lender Consent Letter (Merrill Corp), Credit Agreement (Mueller Holdings (N.A.), Inc.), Credit Agreement (Charles River Laboratories International Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee Commitment Fee or of any other obligation hereunderObligation.

Appears in 5 contracts

Samples: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal or interest of any Loan, ; or (b) any fee described in Article III or Borrower shall default (of any other amount payable hereunder or under any other Loan Document and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 5 contracts

Samples: Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; (b) any interest on any Loan or any fee described in Article III, and such default shall continue unremedied for a period of five three days after such interest or fee was due; or (5c) Business Days) in the payment when due of any interest, fee or of any other obligation hereundermonetary Obligation, and such default shall continue unremedied for a period of 10 Business Days after such amount was due.

Appears in 5 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Non-Payment of Obligations. (a) The Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan when due or any Reimbursement Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.2 or Section 2.6.4, as the case may be, or Borrower (b) any Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, interest or commitment fee with respect to the Loans or Commitments or of any other obligation hereundermonetary Obligation.

Appears in 5 contracts

Samples: Credit Agreement (Duane Reade Realty Inc), Credit Agreement (Dri I Inc), Credit Agreement (Dri I Inc)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of any principal of on any Loan, or any Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interestfee, fee any interest or of any other obligation hereunderObligation.

Appears in 4 contracts

Samples: Credit Agreement (Andrew Corp), Credit Agreement (Andrew Corp), Credit Agreement (Andrew Corp)

Non-Payment of Obligations. Borrower The Borrowers shall default in the payment or prepayment when due of of (a) any principal of any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any payment of interest on any Loan, any fee described in Article III or any other monetary Obligation, and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderthree days after such amount was due.

Appears in 4 contracts

Samples: Credit Agreement (Chesapeake Corp /Va/), Credit Agreement (Chesapeake Corp /Va/), Credit Agreement (Chesapeake Corp /Va/)

Non-Payment of Obligations. (i) Any Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan when such amount is due, any interest on any Loan or Borrower (ii) any Credit Party shall default in the payment of any other monetary Obligation and, in each case of this clause (and ii), such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderdays.

Appears in 4 contracts

Samples: Credit Agreement (Vireo Growth Inc.), Credit Agreement (Goodness Growth Holdings, Inc.), Credit Agreement (Vireo Health International, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, ; the Borrower shall default in the payment when due of any Reimbursement Obligation or Hedging Obligation under a Hedging Agreement in effect between the Borrower and the Lender or an Affiliate of the Lender; or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, interest on any Loan or any fee or of any other obligation hereunderObligation.

Appears in 4 contracts

Samples: Credit Agreement (Esenjay Exploration Inc), Credit Agreement (Future Petroleum Corp/Ut/), Credit Agreement (Esenjay Exploration Inc)

Non-Payment of Obligations. Any Borrower or any other Obligor shall (a) default in the payment or prepayment when due of any principal of any Loan, (b) default in the payment when due of any Reimbursement Obligation, or Borrower shall (c) default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interestinterest on any Loan, any fee or of any other obligation hereunderObligation.

Appears in 4 contracts

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc), Amendment Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan when due or any Reimbursement Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.2 or Section 2.6.4, as the case may be, or Borrower (b) any Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, interest or commitment fee with respect to the Loans or Commitments or of any other obligation hereundermonetary Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Dri I Inc), Credit Agreement (Decisionone Corp /De), Credit Agreement (Decisionone Corp /De)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, the Borrower shall default in the payment when due of any Reimbursement Obligation, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of interest on any interestLoan, any fee or of any other obligation hereunderObligation.

Appears in 3 contracts

Samples: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 3 contracts

Samples: Credit Agreement (Cornerstone Propane Partners Lp), Credit Agreement (Cornerstone Propane Partners Lp), Refunding Credit Agreement (Cornerstone Propane Partners Lp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (a) any principal or interest of any principal of Loan when due; or (b) any Loan, or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) fees described in the payment when due of any interest, fee Article III or of any other obligation hereunderamount payable hereunder or under any other Loan Document within five Business Days of the date due.

Appears in 3 contracts

Samples: Credit Agreement (Cole Credit Property Trust II Inc), Credit Agreement (Spirit Realty Capital, Inc.), Credit Agreement (Spirit Realty Capital, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (i) any principal of any LoanLoan when such amount is due; or (ii) any interest on any Loan and such default shall continue unremedied for a period of three (3) Business Days after such amount is due; or (iii) any fee described in Article III or any other monetary Obligation, or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount is due.

Appears in 3 contracts

Samples: Credit Agreement (ARKO Corp.), Credit Agreement (ARKO Corp.), Credit Agreement (ARKO Corp.)

Non-Payment of Obligations. The Borrower shall (a) default in the payment or prepayment when due of any the principal of any LoanLoan or (b) default, or Borrower shall default (and such default shall continue unremedied uncured for a period of five (5) Business Days) three days, in the payment when due of any interestinterest on any Loan or any reimbursement obligation, or any commitment fee or other fee or of any other obligation hereunderObligation.

Appears in 3 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

Non-Payment of Obligations. (a) The Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan when due, or Borrower (b) any Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, interest or commitment fee with respect to the Loans or Commitments or of any other obligation hereundermonetary Obligation.

Appears in 3 contracts

Samples: Credit Agreement (Brand Scaffold Services Inc), Credit Agreement (Brand Scaffold Services Inc), Credit Agreement (Brand Scaffold Services Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any LoanLoan or any Reimbursement Obligation; or (b) any interest, any fee described in Article III or Borrower shall default (any other monetary Obligation, and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Energy Xxi (Bermuda) LTD), First Lien Credit Agreement (Energy XXI Texas, LP), First Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (i) any principal of or interest on any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.11(e); or (ii) any fee described in Article III or any other monetary Obligation and such default shall continue unremedied for a period of five three days (5including one Business Day) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderafter such amount was due.

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (i) any principal of or interest on any Loan, Revolving Loan and such default shall continue unremedied for three (3) Business Days after such amount becomes due; or (ii) any fee described in Article III or Borrower shall default (any other monetary Obligation and such default shall continue unremedied for a period of five three (53) days (including one Business DaysDay) in the payment when due of any interest, fee or of any other obligation hereunderafter such amount was due.

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Surebeam Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Surebeam Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (a) any principal of or interest on any Loan, or Borrower any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; provided, that such default pursuant to a payment of interest shall default continue unremedied for a period of three Business Days after such amount was due; or (b) any fee described in Article III or any other monetary Obligation, and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderten days after such amount was due.

Appears in 3 contracts

Samples: Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any fee described in Article III, any interest on any Loan or any other monetary Obligation to the extent invoiced, and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderdays after such amount was due.

Appears in 3 contracts

Samples: Credit Agreement (Reddy Ice Holdings Inc), Credit Agreement (Southern Bottled Water Co Inc), Credit Agreement (Reddy Ice Holdings Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (i) any principal of any Loan, or Borrower shall default Loan when such amount is due; or (ii) any interest on any Loan and such default shall continue unremedied for a period of five two (52) Business DaysDays after such amount is due; or (iii) any fee described in the payment when due of any interest, fee Article III or of any other obligation hereundermonetary Obligation, and such default shall continue unremedied for a period of three (3) Business Days after such amount is due.

Appears in 3 contracts

Samples: Credit Agreement (PARETEUM Corp), Credit Agreement (PARETEUM Corp), Credit Agreement (Elephant Talk Communications Corp)

Non-Payment of Obligations. Borrower shall default in (i) the payment or prepayment when due of any principal of any Loan, Revolving Loan or (ii) the payment of interest on any Revolving Loan or any other obligation of Borrower shall default (and such default shall continue unremedied for a period of hereunder within five (5) Business Days) in the payment when due of Days after any interest, fee such interest or of any other obligation hereunderbecomes due in accordance with the terms hereof.

Appears in 2 contracts

Samples: Subordinated Revolving Loan Agreement, Subordinated Revolving Loan Agreement (Eme Homer City Generation Lp)

Non-Payment of Obligations. Borrower The Borrower:- (a) shall default in the payment or prepayment when due of any principal Principal Amount; or (b) shall default in the payment when due of any Loan, or Borrower shall default other Obligation (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunder).

Appears in 2 contracts

Samples: Subordinated Loan Agreement (Hecla Mining Co/De/), Facility Agreement (Hecla Mining Co/De/)

Non-Payment of Obligations. (a) The Borrower shall default in the payment when due of interest with respect to the Term Loans or other monetary Obligations, and such default continues for a period of 30 days, or (b) the Borrower shall default in the payment or prepayment when due of any principal of or premium, if any, on any LoanTerm Loan when the same becomes due and payable at maturity, upon acceleration (including in connection with a Change of Control Prepayment Event) or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderotherwise.

Appears in 2 contracts

Samples: Term Loan Agreement (Wheeling Pittsburgh Corp /De/), Term Loan Agreement (WHX Corp)

Non-Payment of Obligations. The Borrower or any other Obligor shall (a) default in the payment or prepayment when due of any principal of any Loan, (b) default in the payment when due of any Reimbursement Obligation, or Borrower shall (c) default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interestinterest on any Loan, any fee or of any other obligation hereunderObligation.

Appears in 2 contracts

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Budget Group Inc)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of (a) any principal of or interest on any Loan, (b) any Reimbursement Obligation, or Borrower shall default (and such default shall continue unremedied for a period of five (5c) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation, and in each case such default in payment or prepayment shall continue unremedied for more than three Business Days from the date such payment or prepayment was due.

Appears in 2 contracts

Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/)

Non-Payment of Obligations. The Borrower shall default default: (a) in the payment or prepayment when due of any principal of any Loan; or (b) in the payment when due of the interest payable in respect of any Loan, the fees provided for in Section 2.3 hereof or Borrower shall default (any other Obligations and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderdays.

Appears in 2 contracts

Samples: Credit Agreement (Ing Us Capital Corp), Credit Agreement (Internationale Nederlanden Capital Corp)

Non-Payment of Obligations. (a) The Borrower shall default in the payment or prepayment when due of any principal of any Loanof, or Borrower premium with respect to, any Term Loan when due or (b) any Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, interest or fee with respect to any Term Loan or of any other obligation hereundermonetary Obligation.

Appears in 2 contracts

Samples: Term Loan Agreement (Pci Carolina Inc), Term Loan Agreement (Pioneer East Inc)

Non-Payment of Obligations. (i) Any Borrower shall default in the payment or prepayment when due of any principal of any LoanLoan when such amount is due, any interest on any Loan or Borrower (ii) any Credit Party shall default in the payment of any other monetary Obligation and, in each case of this clause (and ii), such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.days. ​ ​

Appears in 2 contracts

Samples: Credit Agreement (Goodness Growth Holdings, Inc.), Credit Agreement (Goodness Growth Holdings, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (a) any principal or interest of any Loan, ; or (b) any fee described in Article III or Borrower shall default (of any other amount payable hereunder or under any other Loan Document and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (a) any principal of any Term Loan, ; or Borrower (b) any Obligor (including the Borrower) shall default (in the payment when due of any interest or commitment fee with respect to the Term Loans or of any other monetary Obligation and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 2 contracts

Samples: Term Loan Agreement (Specialty Foods Acquisition Corp), Term Loan Agreement (Specialty Foods Corp)

Non-Payment of Obligations. A Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; (b) any interest on any Loan or any fee described in Article III, and such default shall continue unremedied for a period of five three days after such interest or fee was due; or (5c) Business Days) in the payment when due of any interest, fee or of any other obligation hereundermonetary Obligation, and such default shall continue unremedied for a period of 10 Business Days after such amount was due.

Appears in 2 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of any principal of any Loan, or any Borrower shall default (and such default shall continue unremedied for a period of five (5) 3 Business Days) in the payment when due of any interestinterest on any Loan, or any Borrower shall default (and such default shall continue unremedied for a period of 5 Business Days) in the payment when due of any commitment fee or of any other obligation hereunderObligation.

Appears in 2 contracts

Samples: Credit Agreement (Bergen Brunswig Corp), Credit Agreement (Bergen Brunswig Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan; or (b) any interest, any fee described in Section 3.4 or Borrower shall default (any other monetary Obligation, and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Energy Xxi (Bermuda) LTD), Second Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (i) any principal of any or interest on the Loan, or Borrower shall default (ii) any fee described in Article III or any other monetary Obligation, and in the case of clause (ii) such default shall continue unremedied for a period of five three (53) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Credit Agreement (Alliqua BioMedical, Inc.), Credit Agreement (Alliqua BioMedical, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any LoanLoan or any Reimbursement Obligation; or (b) any interest, any fee described in Article 3 or Borrower shall default (any other monetary Obligation, and such default shall continue unremedied for a period of five three (53) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Credit Agreement (Dynamic Offshore Resources, Inc.), First Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of: (i) any principal of any Loan when such amount is due; or (ii) any interest on any Loan, and such default shall continue unremedied for a period of three (3) Business Days after such amount is due; or (iii) any fee described in Article IV, the Agent Fee Letter or Borrower shall default (in the Fee Letter or any other monetary Obligation, and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount is due.

Appears in 2 contracts

Samples: Credit Agreement (Molecular Insight Pharmaceuticals, Inc.), Plan Support Agreement (Molecular Insight Pharmaceuticals, Inc.)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of of: (a) any principal of any LoanLoan and such default shall continue unremedied for a period of two Business Days after such amount was due; or (b) any interest or fee described in Article III or any other monetary Obligation, or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Standard Register Co), First Lien Credit Agreement (Standard Register Co)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any or interest on the Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 2 contracts

Samples: Credit Agreement (Lady Luck Gaming Corp), Credit Agreement (Isle of Capri Casinos Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (a) any principal of any Term Loan, ; or Borrower (b) any Obligor (including the Borrower) shall default (in the payment when due of any interest or commitment fee with respect to the Term Loans or Term Loan Commitments or of any other monetary Obligation and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 2 contracts

Samples: Term Loan Agreement (Specialty Foods Acquisition Corp), Term Loan Agreement (Specialty Foods Corp)

Non-Payment of Obligations. The Borrower shall default in -------------------------- the payment or prepayment when due of any principal of or interest on any LoanLoan or any reimbursement obligation when due, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, commitment fee or other fee or of any other obligation hereunderObligation.

Appears in 2 contracts

Samples: Credit Agreement (Novamed Eyecare Inc), Credit Agreement (Novamed Eyecare Inc)

Non-Payment of Obligations. The Borrower shall default default (a) in the payment or prepayment when due of any principal of any Loan, or Borrower shall default ; (and such default shall continue unremedied for a period of five (5) Business Daysb) in the payment when due of any interest, fee or interest on any Loan and such default shall remain unremedied for a period in excess of any other obligation hereunder.two Business Days;

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Key Components LLC), Credit and Guaranty Agreement (Key Components Finance Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 2 contracts

Samples: Credit Agreement (Corzon Inc), Credit Agreement (Calpine Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on any Loan or fee described in Article III or any other monetary Loan Obligation, and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Credit Agreement (Global Power Equipment Group Inc/), Assignment, Amendment and Restatement Agreement (Global Power Equipment Group Inc/)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan, any Reimbursement Obligation or Borrower shall default any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Credit Agreement (Associated Materials Inc), Credit Agreement (Associated Materials Inc)

Non-Payment of Obligations. (a) The Borrower shall default in the payment or prepayment when due of any principal of any Loan, Loan or (b) the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of interest on any interest, fee Loan or of any other obligation hereunderObligation or (c) any Guarantor shall fail to make payment on a Guarantee in accordance with the terms of such Guarantee.

Appears in 2 contracts

Samples: Credit Agreement (Edison Mission Energy), Credit Agreement (Edison Mission Energy)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of (i) any principal of any Loan, or Borrower shall default (ii) any interest or fee described in Article III or any other monetary Obligation, and in the case of clause (ii) such default shall continue unremedied for a period of five (5) two Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 2 contracts

Samples: Credit Agreement (Health Catalyst, Inc.), Credit Agreement (Health Catalyst, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five three (53) Business Daysdays) in the payment when due of any interest, interest or fee or of any other obligation hereunderObligation.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Lithium Americas Corp.), Credit and Guarantee Agreement (Kaiser Francis Oil Co)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan; (b) any interest on any Loan or any fee described in Article III, or Borrower shall default (and such default shall continue unremedied for a period of five three days after such interest or fee was due; or (5c) Business Days) in the payment when due of any interest, fee or of any other obligation hereundermonetary Obligation, and such default shall continue unremedied for a period of 10 Business Days after such amount was due.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Hanesbrands Inc.), Second Lien Credit Agreement (Hanesbrands Inc.)

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Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan; or (b) any interest on any Loan, any Reimbursement Obligation, any fee described in Article III or Borrower shall default (of any other amount payable hereunder or under any other Loan Document and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderdays.

Appears in 1 contract

Samples: Credit Agreement (Regal Cinemas Inc)

Non-Payment of Obligations. Borrower Any Borrowers shall default default: (a) in the payment or prepayment when due of any principal of any Loan; or (b) in the payment when due of the interest payable in respect of any Loan, the fees provided for in Section 2.3 hereof or Borrower shall default (any other Obligations and such default shall continue unremedied for a period of five three (53) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

Appears in 1 contract

Samples: Credit Agreement (National Rv Holdings Inc)

Non-Payment of Obligations. The Borrower shall default -------------------------- in the payment or prepayment when due of any principal of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee Commitment Fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Markwest Hydrocarbon Inc)

Non-Payment of Obligations. Borrower shall default in the payment or prepayment when due of any principal of or interest on any LoanLoan (and such default shall continue for five days from such due date), or Borrower shall default in the payment when due of any other Obligation (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder20 days after notice thereof shall have been given to Borrower by Lender).

Appears in 1 contract

Samples: Loan Agreement (Nastech Pharmaceutical Co Inc)

Non-Payment of Obligations. Any Guarantor or the Borrower shall default in the payment or prepayment when due of any principal of any Loan, ; or any Guarantor or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interestinterest on any Loan, any commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Moore Corporation LTD)

Non-Payment of Obligations. Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or Borrower shall default (and such default shall continue unremedied for a period of five ten (510) Business Daysdays) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Energy Search Inc)

Non-Payment of Obligations. Either Borrower shall default in the payment or prepayment when due of (i) any principal of any Second-Lien Loan, or Borrower shall default (and ii) any interest on any Second-Lien Loan or any other monetary Obligation, and, in the case of clause (ii), such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 1 contract

Samples: Second Lien Credit Agreement (WRC Media Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of interest on any interest, Loan or any commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Tele Communications International Inc)

Non-Payment of Obligations. Borrower The Borrowers shall default in the payment or prepayment when due of (a) any payment or prepayment when due of any principal on any Loan or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; (b) any Loan, interest on any Loan or Borrower shall default (any Reimbursement Obligation and such default shall continue remain unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.3 days after such amount was due; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Sterling Chemical Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any LoanLoan or any Reimbursement Obligation; or (b) any interest, any fee described in Article 3 or Borrower shall default (any other monetary Obligation and such default shall continue unremedied for a period of five three (53) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 1 contract

Samples: First Lien Exit Credit Agreement (Energy XXI Gulf Coast, Inc.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation. SECTION VIII.

Appears in 1 contract

Samples: Credit Agreement (Vista Gold Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of three Business Days) in the payment when due of any interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) any fee described in the payment when due of any interest, fee Section 2.10 or of any other obligation hereunderObligation, including, without limitation, any of the fees described in the Fee Letter.

Appears in 1 contract

Samples: Term Loan Agreement (McCormick & Co Inc)

Non-Payment of Obligations. The Borrower shall default in -------------------------- the payment or prepayment when due of any principal of any Loan, Loan or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of interest on any interestLoan, fee of any Facility Fee, of any Utilization Fee or of any other obligation hereundermonetary Obligation.

Appears in 1 contract

Samples: Credit Agreement (Edison Mission Energy)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal amount of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Loan Agreement (Coeur D Alene Mines Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays after receipt by the Borrower of written notice thereof) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Ing Us Capital LLC)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any the Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Zimmerman Sign Co)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due or within two Business Days thereafter of any monetary Obligation hereunder or under any other Loan Document (including, without limitation, any principal of of, or interest on, any Loan, any fees or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderamounts payable hereunder or thereunder).

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Foods Inc)

Non-Payment of Obligations. The Borrower shall default in -------------------------- the payment or prepayment when due of any principal of any Loan or any Reimbursement Obligation, or the Borrower shall default (and such default shall continue for a period of three days) in the payment when due of any interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (One Source Telecommunications Inc)

Non-Payment of Obligations. The Borrower or any other Obligor shall (a) default in the payment or prepayment when due of any principal of any Loan, (b) default in the payment when due of any Reimbursement Obligation, or Borrower shall (c) default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interestinterest on any Loan, any fee or of any other obligation hereunder.Obligation. -101- 110

Appears in 1 contract

Samples: Credit Agreement (Budget Group Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee Commitment Fee or of any other obligation hereunder.Obligation. 66

Appears in 1 contract

Samples: Credit Agreement (Markwest Hydrocarbon Inc)

Non-Payment of Obligations. Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, ; or Borrower or any other Obligor shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any LoanReimbursement Obligation, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of interest on any interestsuch Reimbursement Obligation, any fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Letter of Credit Agreement (Calpine Corp)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of on any Term Loan; or (b) any interest on any Term Loan, any fee described in Article III or Borrower shall default (any other monetary Obligation, and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderDays after such amount was due.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Municipal Mortgage & Equity LLC)

Non-Payment of Obligations. (i) Any Borrower shall default in the payment or prepayment when due of any principal of, or interest on, any Loan when such amount is due or (ii) any Credit Party shall default in the payment of any Loanother monetary Obligation and, or Borrower shall default in each case of this clause (and ii), such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderdays.

Appears in 1 contract

Samples: Credit Agreement (TerrAscend Corp.)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of any principal of any Loan, or such Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interestinterest on any Loan, any commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Cencom Cable Income Partners Ii L P)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due (i) of any principal of or interest (and such default with respect to interest shall continue unremedied for a period of two (2) days) on any Loan, or (ii) the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Winokur Herbert S Jr)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of interest on any interestLoan, any fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Bridge Credit Agreement (Calpine Corp)

Non-Payment of Obligations. The Borrower or any of its Restricted Subsidiaries shall default in the payment or prepayment when due of any principal of any LoanLoan including any payments owed pursuant to Section 3.1(c), or Borrower shall default (and such default shall continue unremedied for a period of five three (53) Business Days) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Escalera Resources Co.)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of or interest (which default, as to interest only, shall continue for a period of three Business Days) on any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any fee described in Article III or any other monetary Obligation, and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderthree days after such amount was due.

Appears in 1 contract

Samples: Credit Agreement (Adelphia Communications Corp)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of any principal of or interest on any Loan, or any Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Bairnco Corp /De/)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of any principal of any Loan, or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interestinterest on any Loan, any commitment fee, facility fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Kemper High Income Trust)

Non-Payment of Obligations. The Borrower or any other Obligor shall (a) default in the payment or prepayment when due of any principal of any Loan, Reimbursement Obligation or Borrower shall (b) default (and such default shall continue unremedied for a period of five (5) three Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Budget Group Inc)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of any Loan; or (b) of any interest on any Loan, any Reimbursement Obligation, any fee described in Article III or Borrower shall default (of any other amount payable hereunder or under any other Loan Document and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderdays.

Appears in 1 contract

Samples: Credit Agreement (KSL Recreation Group Inc)

Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of (a) any principal of or interest on any Loan, (b) any Reimbursement Obligation, or Borrower shall default (and such default shall continue unremedied for a period of five (5c) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation, or prepayment and in each case such default in payment or prepayment shall continue unremedied for more than three Business Days from the date such payment or prepayment was due.

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment when due of of (a) any principal of or interest on any Loan, or Borrower shall default any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any fee described in Article III or any other monetary Obligation and such default shall continue unremedied for a period of five three days (5including one Business Day) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderafter such amount was due.

Appears in 1 contract

Samples: Credit Agreement (Titan Corp)

Non-Payment of Obligations. Either Borrower shall default in the payment or prepayment when due of any principal in respect of any Loan, its Loans; or either Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee fees or other of any other obligation hereunderits Obligations payable under the Loan Documents and such default shall continue unremedied for five consecutive days.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Dura Automotive Systems Inc)

Non-Payment of Obligations. The Borrower shall will default in the payment or prepayment when due of (a) any principal of or interest on any Loan, (b) any Reimbursement Obligation, or Borrower shall default (and such default shall continue unremedied for a period of five (5c) Business Days) in the payment when due of any interest, fee or of any other obligation hereunderObligation, and in each case such default in payment or prepayment will continue unremedied for more than three Business Days from the date such payment or prepayment was due.

Appears in 1 contract

Samples: Credit Agreement (Authentic Fitness Corp)

Non-Payment of Obligations. The Borrower shall default -------------------------- in the payment or prepayment when due of any principal of or interest on any LoanLoan (and, in the case of a payment or prepayment of interest, such default shall continue unremedied for a period of three Business Days), or the Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, commitment fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Buy Com Inc)

Non-Payment of Obligations. Borrower shall default in the payment or prepayment when due of any principal of of, or interest on, any Loan, ; or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Daysdays) in the payment when due of any interest, fee or of any other obligation hereunderObligation.

Appears in 1 contract

Samples: Credit Agreement (Abraxas Petroleum Corp)

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