Common use of Non-Payment of Obligations Clause in Contracts

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any principal of any Loan (including BA Loans and Bankers’ Acceptances) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ Acceptance; or Borrower shall default in the payment when due of any interest, fee or of any other obligation under any Loan Document and such default continues for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any principal of any Loan (including BA Loans and Bankers’ Acceptances) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ AcceptanceCredit; or Borrower shall default in the payment when due of any interest, fee or of any other obligation hereunder or under any other Loan Document and such default continues for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any (a) principal of on any Loan Loan; (including BA Loans and Bankers’ Acceptancesb) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ AcceptanceReimbursement Obligation; or Borrower shall default (c) interest on a Credit Extension, fee, indemnity or other monetary Obligation hereunder or under any other Loan Document; provided, that in the payment when due case of any interestclause (c) only, fee or of any other obligation under any Loan Document and such default continues shall continue for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any principal of any Loan (including BA Loans and Bankers’ ' Acceptances) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ ' Acceptance; or Borrower shall default in the payment when due of any interest, fee or of any other obligation hereunder or under any other Loan Document and such default continues for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any principal of any Loan (including BA Loans and Bankers’ Acceptances) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ AcceptanceLoan; or Borrower shall default in the payment when due of any interest, fee or of any other obligation under any Loan Document and such default continues for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any principal of any Loan (including BA Loans and Bankers’ Acceptances) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ AcceptanceCredit; or Borrower shall default in the payment when due of any interest, fee or of any other obligation hereunder or under any other Loan Document and such default continues for a period of three (3) Business Daysdays.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any (a) principal of on any Loan Loan; (including BA Loans and Bankers’ Acceptancesb) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ AcceptanceReimbursement Obligation; or Borrower shall default (c) interest on a Credit Extension, fee, indemnity or other monetary Obligation hereunder or under any other Loan Document; provided, that in the payment when due case of any interestclause (c) only, fee or of any other obligation under any Loan Document and such default continues shall continue for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any (a) principal of on any Loan Loan; (including BA Loans and Bankers’ Acceptancesb) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ AcceptanceReimbursement Obligation; or Borrower shall default (c) interest on a Credit Extension, fee, indemnity or other monetary Obligation hereunder or under any other Loan Document; provided, however, that in the payment when due case of any interestclause (c) only, fee or of any other obligation under any Loan Document and such default continues shall continue for a period of three (3) Business Days.

Non-Payment of Obligations. Any Loan Party shall default in the payment or prepayment when due of any principal of any Loan (including BA Loans and Bankers’ Acceptances) or of any reimbursement obligation with respect to any Letter of Credit or Bankers’ Acceptance; or Borrower shall default in the payment when due of any interest, fee or of any other obligation hereunder or under any other Loan Document and such default continues for a period of three (3) Business Daysdays.

Non-Payment of Obligations. Any Loan Party shall default default: (a) in the payment or prepayment when due of any principal of any Loan Loan; (including BA Loans and Bankers’ Acceptancesb) or in the reimbursement when due of any reimbursement obligation with respect to drawing on any Letter of Credit or Bankers’ AcceptanceCredit; or Borrower shall default or (c) in the payment when due of any interest, fee or the interest payable in respect of any Loan, the fees required under Section 2.3 hereof, any letter of credit fees required under Section 3.10.4 hereof, or any other obligation under any Loan Document Obligations and such default continues shall continue unremedied for a period of three five (35) Business Days.