Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of (a) any principal of any Loan, any Reimbursement Obligation or 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 three days after such amount was due.
Appears in 3 contracts
Samples: Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Winn Dixie Stores Inc)
Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, any Reimbursement Obligation (including pursuant to SECTIONS 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
(b) any interest on any Loan, any fee described in Article III SECTION 2.6.4 or any other monetary Obligationprincipal of any Loan when due, or any Obligor (including WWI and the XX0 Xxxxxxxx) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 3 contracts
Samples: Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, any Reimbursement Obligation (including pursuant to Sections 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
(b) any interest on any Loan, any fee described in Article III 2.6.4 or any other monetary Obligationprincipal of any Loan when due, or any Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 3 contracts
Samples: Amendment Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc)
Non-Payment of Obligations. (a) Any Borrower shall default in the payment or prepayment when due of
(a) of any principal of any Loan, Loan when due or any Reimbursement Obligation Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
2.8.4, as the case may be, or (b) any interest on Obligor (including any Loan, any fee described in Article III or any other monetary Obligation, Borrower) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee with respect to the Loans or Commitments or of any other monetary Obligation.
Appears in 3 contracts
Samples: Credit Agreement (Formica Corp), Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Formica Corp)
Non-Payment of Obligations. Any Either Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
(b) any interest on any LoanLoan or Reimbursement Obligation, any fee described in Article III or any other monetary Obligation, and such default shall continue unremedied for a period of three days five Business Days after such amount was due.
Appears in 2 contracts
Samples: Credit Agreement (WRC Media Inc), Credit Agreement (WRC Media Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
(a) of any principal of any Loan, Loan when due or any Reimbursement Obligation Obligations or any deposit of cash for collateral purposes pursuant to Section SECTION 2.6.2 or SECTION 2.6.4; or
, as the case may be, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee with respect to the Loans or Commitments or of any other monetary Obligation.
Appears in 2 contracts
Samples: Credit Agreement (Wilson Greatbatch Technologies Inc), Credit Agreement (Duane Reade Inc)
Non-Payment of Obligations. Any Borrower shall default (i) in the payment or prepayment when due of
(a) of any principal on any Credit Extension or repayment of any LoanReimbursement Obligation, any Reimbursement Obligation or any deposit (ii) in the payment when due of cash for collateral purposes pursuant to Section 2.6.4; or
(b) any interest on any Loan, any fee described in Article III Credit Extension or any other monetary Obligation, commitment fee (and such default shall continue unremedied for a period of three Business Days), or (iii) in the payment of any other Obligation (and such default shall continue unremedied for a period of 15 days after following the submission of an invoice to the relevant Borrower and KIL in respect of such amount was dueother Obligation).
Appears in 2 contracts
Samples: Credit Agreement (Kerzner International Employment Services LTD), Credit Agreement (Kerzner International LTD)
Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, any Reimbursement Obligation (including pursuant to Sections 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
(b) any interest on any Loan, any fee described in Article III 2.6.4 or any other monetary Obligationprincipal of any Loan when due, or any Obligor (including WWI and the XX0 Xxxxxxxx) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 2 contracts
Samples: Amendment No. 4 (Weight Watchers International Inc), Amendment No. 5 (Weight Watchers International Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
(a) of any principal of any Loan, (b) the Borrower shall default in the payment when due of any Reimbursement Obligation or any deposit of cash collateral for collateral purposes pursuant to Section 2.6.4; or
, or (bc) any interest on any Loan, any fee described in Article III the Borrower or any other monetary Obligation, Obligor shall default (and such default shall continue unremedied for a period of three days Business Days) in the payment when due of any interest or fee with respect to the Loans or Commitments or, on demand after such amount was duepresentation of appropriate backup documentation, of any other Obligation.
Appears in 2 contracts
Samples: Credit Agreement (Nextel Partners Inc), Credit Agreement (Nextel Partners Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, any Reimbursement Obligation (including pursuant to Sections 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
(b) any interest on any Loan, any fee described in Article III 2.6.4 or any other monetary Obligationprincipal of any Loan when due, or any Obligor (including the Borrower and SP1) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 1 contract
Samples: Credit Agreement (Weight Watchers International Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment, including any mandatory prepayment pursuant to Section 3.1.2. or 3.1.3, when due of
(a) of any principal of any Loan, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
the Borrower shall default (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 three days after such amount was duefive days) in the payment when due of interest on any Loan, any Commitment Fee or other fee provided for in this Agreement or of any other Obligation.
Appears in 1 contract
Samples: Credit Agreement (Pogo Producing Co)
Non-Payment of Obligations. Any (a) The Borrower shall default in the payment or prepayment when due of
of (ai) any principal of any Loan, any Reimbursement Obligation (including pursuant to Sections 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
2.6.4 or (ii) any principal of any Loan when due, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 1 contract
Samples: Credit Agreement (Pasta Group L L C)
Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of
of (ai) any principal of any Loan, any Reimbursement Obligation (including pursuant to Sections 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
2.6.4 or (ii) any principal of any Loan when due, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor (including WWI and the XX0 Xxxxxxxx) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 1 contract
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment, including any mandatory prepayment pursuant to Section 3.1.2., when due of
(a) of any principal of any LoanLoan or of any reimbursement obligation with respect to any Letter of Credit, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
the Borrower shall default (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 three days after such amount was duefive (5) days) in the payment when due of interest on any Loan, any Commitment Fee, any Ticking Fee, any Upfront Fee, or other payment obligation provided for in this Agreement or any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Pogo Producing Co)
Non-Payment of Obligations. Any (a) The Borrower shall default in the payment or prepayment when due of
(a) of any principal of any Loan, (b) the Borrower shall default in the payment when due of any Reimbursement Obligation or any deposit of cash collateral for collateral purposes pursuant to Section 2.6.4; or
2.6.4 or (bc) any interest on any Loan, any fee described in Article III the Borrower or any other monetary Obligation, Obligor shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or fee with respect to the Loans or Commitments or of any other Obligation.
Appears in 1 contract
Samples: Revolving Credit Agreement (Royster-Clark Nitrogen Realty LLC)
Non-Payment of Obligations. (a) Any Borrower shall default in the payment or prepayment when due of
(a) of any principal of any Loan, Loan when due or any Reimbursement Obligation Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
, as the case may be, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor shall default (and such default shall continue unremedied for a period of three days after such amount was due.Business Days) in the payment when due of any interest or commitment fee with respect to the Loans or Commitments or of any other monetary Obligation. 120
Appears in 1 contract
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.2 or Section 2.6.4; or, as the case may be;
(b) any principal of or interest on any Loan, ; or
(c) any fee described in Article III or of any other monetary Obligation, Obligation and such default shall continue unremedied for a period of three days after such amount was duefive days.
Appears in 1 contract
Samples: Credit Agreement (Prosource Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
of (ai) any principal of any Loan, any Reimbursement Obligation (including pursuant to SECTIONS 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
SECTION 2.6.4 or (ii) any principal of any Loan when due, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 1 contract
Samples: Credit Agreement (Keebler Corp)
Non-Payment of Obligations. Any Borrower shall default in the payment or prepayment when due of
(a) any principal of any Loan, any Reimbursement Obligation (including pursuant to Sections 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
(b) any interest on any Loan, any fee described in Article III 2.6.4 or any other monetary Obligationprincipal of any Loan when due, or any Obligor (including WWI and the SP1 Xxxxxxxx) xxall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 1 contract
Samples: Credit Agreement (Weight Watchers International Inc)
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment, including any mandatory prepayment pursuant to Section 3.1.2., when due of
(a) of any principal of any LoanLoan or of any reimbursement obligation with respect to any Letter of Credit, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
the Borrower shall default (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 three days after such amount was duefive (5) days) in the payment when due of interest on any Loan, any Commitment Fee, any Upfront Fee, or other payment obligation provided for in this Agreement or any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Pogo Producing Co)
Non-Payment of Obligations. Any (a) The Borrower shall default in the payment or prepayment when due of
(a) of any principal of any Loan, Loan when due or any Reimbursement Obligation Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or
, as the case may be, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor shall default (and such default shall continue unremedied for a period of three days after such amount was dueBusiness Days) in the payment when due of any interest or commitment fee with respect to the Loans or Commitments or of any other monetary Obligation.
Appears in 1 contract
Non-Payment of Obligations. Any The Borrower shall default in the payment or prepayment when due of
of (ai) any principal of any Loan, any Reimbursement Obligation (including pursuant to SECTIONS 2.6 and 2.6.2) on the applicable Disbursement Due Date or any deposit of cash for collateral purposes on the date required pursuant to Section 2.6.4; or
SECTION 2.6.4 or (ii) any principal of any Loan when due, or (b) any interest on any Loan, any fee described in Article III or any other monetary Obligation, Obligor (including the Borrower) shall default (and such default shall continue unremedied for a period of three days after such amount was duefive Business Days) in the payment when due of any interest or commitment fee or of any other monetary Obligation.
Appears in 1 contract
Samples: Credit Agreement (Keebler Foods Co)
Non-Payment of Obligations. Any The Borrower shall default default:
(a) in the payment or prepayment when due of
(a) of any principal of any Loan, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or;
(b) any in the payment when due of the interest on payable in respect of any Loan, any the commitment fee described provided for in Article III Section 2.4 hereof or any other monetary Obligation, Obligations and such default shall continue unremedied for a period of three days after such amount was due.five (5) days. SECTION
Appears in 1 contract
