Common use of Non-Payment of Principal Clause in Contracts

Non-Payment of Principal. The Borrower fails to make when due, whether by acceleration or otherwise, any payment of principal required to be made by the Borrower under this Agreement.

Appears in 2 contracts

Samples: Bridge and Term Loan Credit Agreement, Bridge and Term Loan Credit Agreement

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Non-Payment of Principal. The Borrower fails to make when due, whether by acceleration or otherwise, any payment of principal required to be made by the Borrower under this Agreement.hereunder and such default continues for more than one (1)

Appears in 2 contracts

Samples: Credit Agreement (Richardson Electronics LTD/De), Credit Agreement (Richardson Electronics LTD/De)

Non-Payment of Principal. The Any Borrower fails to make when due, whether by acceleration or otherwise, any payment of principal required to be made by the that Borrower under this AgreementAgreement or any other Document.

Appears in 2 contracts

Samples: Credit Agreement (Quebecor Media Inc), Credit Agreement (Quebecor Media Inc)

Non-Payment of Principal. The Borrower fails to make when due, whether by acceleration or otherwise, any payment of principal required to be made by the Borrower under this AgreementAgreement or any other Document.

Appears in 1 contract

Samples: Credit Agreement (Quest Capital Corp)

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Non-Payment of Principal. The Any Borrower fails to make when due, whether by acceleration or otherwise, any payment of principal required to be made by the Borrower under this AgreementAgreement or any other Document.

Appears in 1 contract

Samples: Credit Agreement (SunOpta Inc.)

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