Common use of Non-Payment of Principal Clause in Contracts

Non-Payment of Principal. the Borrower shall fail to pay any principal of any Loan or any L/C Obligation when the same becomes due and payable; or

Appears in 20 contracts

Samples: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (Babcock & Wilcox Enterprises, Inc.), Credit Agreement (B. Riley Financial, Inc.)

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Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any L/C Obligation when and as the same becomes shall become due and payable; orpayable (and in the currency required hereunder), whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

Appears in 9 contracts

Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation when and as the same becomes shall become due and payable; or, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

Appears in 6 contracts

Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation reimbursement obligation in respect of any LC Disbursement when and as the same becomes shall become due and payable; or, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

Appears in 4 contracts

Samples: Credit Agreement (Dean Foods Co), Credit Agreement (Dean Foods Co), Credit Agreement (Dean Foods Co)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation when and as the same becomes shall become due and payable; or, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Mynaric AG), Credit Agreement (Mynaric AG)

Non-Payment of Principal. the Borrower shall fail to pay any principal of any Loan or any L/C Obligation when the same becomes due and payable; or

Appears in 1 contract

Samples: Second Lien Credit Agreement (Babcock & Wilcox Enterprises, Inc.)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation when the same becomes due and payable; or

Appears in 1 contract

Samples: Credit Agreement (BWX Technologies, Inc.)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation when and as the same becomes shall become due and payable; or, whether on the applicable Repayment Date, or otherwise;

Appears in 1 contract

Samples: Credit Agreement (Bioceres Crop Solutions Corp.)

Non-Payment of Principal. the Borrower shall fail to pay any principal of any Revolving Loan or any L/C Obligation when and as the same becomes shall become due and payable; or, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

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Non-Payment of Principal. the Borrower shall fail to pay any principal ------------------------ of any Loan or any L/C Reimbursement Obligation when the same becomes due and payable; or;

Appears in 1 contract

Samples: Credit Agreement (Grancare Inc)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation when and as the same becomes shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise; or(b)

Appears in 1 contract

Samples: Credit Agreement (Lamb Weston Holdings, Inc.)

Non-Payment of Principal. the The Borrower shall fail to pay any principal of any Loan or any L/C Obligation the Funding Loans when and as the same becomes shall become due and payable; or, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise.

Appears in 1 contract

Samples: Credit and Funding Agreement (Uranium Resources Inc /De/)

Non-Payment of Principal. the Any Borrower shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any L/C Obligation when and as the same becomes shall become due and payable; orpayable (and in the currency required hereunder), whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

Appears in 1 contract

Samples: Credit Agreement (WHITEWAVE FOODS Co)

Non-Payment of Principal. the Any Borrower shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any L/C Obligation when and as the same becomes shall become due and payablepayable (and in the currency required hereunder), whether at the due date thereof or at a date fixed for prepayment thereof or otherwise; or(b)

Appears in 1 contract

Samples: Credit Agreement (Lamb Weston Holdings, Inc.)

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