Common use of Non-Payment of Obligations Clause in Contracts

Non-Payment of Obligations. (i) The Borrower shall default in the payment or prepayment when due of any principal or interest on the Loans, or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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) Business Days after such amount was due.

Non-Payment of Obligations. (i) The Borrower Any Obligor shall default in the payment or prepayment when due of (a) any principal of any principal Loan, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) interest on the Loans, any Loan or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 Business Days after such amount was due; or (5c) any other monetary Obligations and such default shall continue unremedied for a period of seven Business Days after such amount was due.

Non-Payment of Obligations. (ia) The Borrower shall default in the payment or prepayment when due of any principal or interest on the Loans, or (ii) any Credit Party or any Subsidiary thereof, shall -------------------------- default in the payment or prepayment of any fee described in Article III principal of any Loan when due or any other monetary ObligationReimbursement Obligations or any deposit of cash for collateral purposes pursuant to Section 2.6.4, and in as the case of clause may be, or (iib) any Obligor shall default ------------- (and such default shall continue unremedied for a period of five (5three Business Days) Business Days after such amount was duein the payment when due of any interest or commitment fee with respect to the Loans or Commitments or of any other monetary Obligation.

Non-Payment of Obligations. (i) The Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on the Loans, any Loan or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (i) The Either Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan, any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on the Loansany Loan, or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (i) The Borrower Borrowers 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 the Loansany Loan, or (ii) any Credit Party Reimbursement Obligation or any Subsidiary thereof, shall default in the payment or prepayment 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 in the case of clause (ii) such default shall continue unremedied for a period of five (5) Business Days three days after such amount was due.

Non-Payment of Obligations. (i) The Borrower or any other Obligor shall default in the payment or prepayment when due of (a) any principal of any principal or Loan; or (b) any interest on the Loans, any Loans or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (i) The Any Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on the Loans, Loans or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (ia) The Borrower shall default in the payment or prepayment when due of any principal or interest on of any Loan, (b) the Loans, or (ii) any Credit Party or any Subsidiary thereof, Borrower shall default in the payment or prepayment when due of any fee described in Article III Reimbursement Obligation or deposit of cash collateral for purposes pursuant to Section 2.6.4, or (c) the Borrower or any other monetary Obligation, Obligor shall default (and in the case of clause (ii) such default shall continue unremedied for a period of five (5Business Days) Business Days after such amount was duein the payment when due of any interest or fee with respect to the Loans or Commitments or of any other Obligation.

Non-Payment of Obligations. (i) The Borrower Obligors shall default in the payment or prepayment when due of of (a) any principal of or interest on the Loansany Loan, or (ii) and, with respect to any Credit Party or any Subsidiary thereof, shall default Default in the payment or prepayment of interest, such Default shall continue unremedied for a period of three (3) Business Days; or (b) any fee described in Article III or of any other monetary Obligation, Obligation and in the case of clause (ii) such default Default shall continue unremedied for a period of five three (53) Business Days after such amount was dueDays.

Non-Payment of Obligations. (i) The Either Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on the Loans, any Loan or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (i) The Any Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; (b) any interest on the Loans, any Loan or Reimbursement Obligation and such default shall continue unremedied for a period of three Business Days after such amount was due; or -109- 110 (iic) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (i) The Borrower shall default in -------------------------- the payment or prepayment when due of of (a) any principal of or interest on the Loansany Loan, or (ii) any Credit Party Reimbursement Obligation or any Subsidiary thereof, shall default in the payment deposit of cash for collateral purposes pursuant to Section 2.6.4; or prepayment of ------------- (b) 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) Business Days three days after such amount was due.

Non-Payment of Obligations. (i) The Borrower Any Obligor shall default in the payment or prepayment when due of (i) any principal of any Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.2 or Section 2.6.4, as the case may be. Any Obligor shall default on the payment when due of any interest on the Loansany Loan, or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of any fee described in Article III or any other monetary Obligation, Obligation (including any Additional Compensation Amount) and in the case of clause (ii) such default shall continue unremedied for a period of five (5) Business Days after such amount was due.

Non-Payment of Obligations. (i) The Borrower shall default in the payment or prepayment when due of of (a) any principal of or interest on the Loansany Term Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.5; or (iib) any Credit Party or interest on any Subsidiary thereofTerm Loan, shall default in the payment or prepayment of 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 three days for interest and five (5) Business Days days for fees and all other monetary Obligations after such amount was due.

Non-Payment of Obligations. (i) The Borrower Borrowers shall default in the payment or prepayment when due of (a) any principal of any Loan or interest on the Loans, any Reimbursement Obligation; or (iib) any Credit Party or any Subsidiary thereofinterest, shall default in the payment or prepayment of any fee described in Article III 3 or any other monetary Obligation (other than principal of any Loan or any Reimbursement Obligation), and in the case of clause (ii) such default shall continue unremedied for a period of five (5) three Business Days after such amount was due.

Non-Payment of Obligations. (i) The Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to Section 2.6.4; or (b) any interest on the Loans, any Loan or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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) Business Days four days after such amount was due.. SECTION

Non-Payment of Obligations. (i) The Borrower Borrowers or any other Obligor shall default in the payment or prepayment when due of (a) any principal of any principal or Loan; or (b) any interest on the Loans, any Loans or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of 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 after such amount was due.

Non-Payment of Obligations. (i) The Either Borrower shall default in the payment or prepayment when due of (a) any principal of any principal Loan, or any Reimbursement Obligation or any deposit of cash for collateral purposes pursuant to SECTION 2.6.4; or (b) interest on the Loansany Loan or Reimbursement Obligation, or (ii) any Credit Party or any Subsidiary thereof, shall default in the payment or prepayment of any fee described in Article 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) Business Days after such amount was due.