Common use of Non-Payment of Principal Clause in Contracts

Non-Payment of Principal. Any principal of the Term Loan or the Revolving Credit Facility is not paid on the due date; or

Appears in 4 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!