Common use of Non-Payment of Obligations Clause in Contracts

Non-Payment of Obligations. Borrower shall default in the payment or prepayment (as applicable) when due of any principal of or interest under the Note, or Borrower or any other obligor shall default in the payment when due of any other monetary obligation arising by, through or under the Loan Documents after receipt of written notice of such failure to pay and after the expiration of a five (5) day grace period.

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment (as applicable) when due of any principal of or interest under the Noteon any Loan or any Reimbursement Obligations, or the Borrower or any other obligor shall default in the payment when due of any commitment fee or any letter of credit fees or of any other monetary obligation arising by, through or under the Loan Documents after receipt of written notice of such failure to pay and after the expiration of a five (5) day grace periodObligation.

Non-Payment of Obligations. The Borrower shall default (i) in the payment or prepayment when due under the Credit Agreement (as applicableamended by this Agreement) when due of any principal of any Obligations, or interest (ii) in the payment or prepayment when due under the NoteCredit Agreement (as amended by this Agreement), or Borrower (as the case may be) under this Agreement, including Section 7.1 hereof, of interest or any other obligor sums (other than principal), and such default shall default in the payment when due of any other monetary obligation arising by, through or under the Loan Documents after receipt of written notice of such failure to pay and after the expiration of a five continue unremedied for more than two (52) day grace periodBusiness Days.

Non-Payment of Obligations. Borrower The Borrowers shall default in the payment or prepayment (as applicable) when due of any monetary Obligation hereunder or under any other Loan Document (including, without limitation, any principal of of, or interest under the Noteon, or Borrower any Loan, any Reimbursement Obligation, any fees or any other obligor shall default in the payment when due of any other monetary obligation arising by, through amounts payable hereunder or under the Loan Documents after receipt of written notice of such failure to pay and after the expiration of a five (5) day grace periodthereunder).

Non-Payment of Obligations. Borrower shall default in the payment or prepayment (as applicable) when due of any principal of or interest under the NoteNote and/or the Debenture(s), or Borrower or any other obligor shall default in the payment when due of any other monetary obligation arising by, through or under the Loan Documents after receipt of written notice of such failure to pay and after the expiration of a five (5) day grace periodDocuments.

Non-Payment of Obligations. The Borrower shall default in the payment or prepayment (as applicable) when due of any principal of or interest under any Loan; the Note, or Borrower or any other obligor shall default in the payment when due of any other monetary obligation arising by, through Hedging Obligation under a Hedging Agreement in effect between the Borrower (or under any Affiliate of the Loan Documents after receipt of written notice of such failure to pay Borrower) and after the expiration a Lender (or any Affiliate of a five (5) day grace periodLender); or the Borrower or any other Obligor shall default in the payment when due of any interest on any Loan or in the payment when due of any fee or of any other Obligation.