Common use of Non-Payment of Principal Clause in Contracts

Non-Payment of Principal. The Borrower fails to pay when due any principal of any Advance; or

Appears in 4 contracts

Samples: Credit and Term Loan Agreement (Integrated Health Services Inc), Revolving Credit Agreement (Integrated Health Services Inc), Revolving Credit Agreement (Integrated Health Services Inc)

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Non-Payment of Principal. The Borrower fails to pay when due any principal of any Advance; or

Appears in 1 contract

Samples: Credit Agreement (Ocular Sciences Inc /De/)

Non-Payment of Principal. The Borrower fails to pay when due any principal of payment due on any AdvanceNote; or

Appears in 1 contract

Samples: Loan and Security Agreement (Oasis Residential Inc)

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Non-Payment of Principal. The Either Borrower fails to pay when due any principal of any Advance; or

Appears in 1 contract

Samples: Pledge Agreement (Ocular Sciences Inc /De/)

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