Non-Payment of Principal. The principal amount due upon any Loan or LC Disbursement is not paid when due, whether at maturity, by acceleration or otherwise, or any Borrower shall fail to deposit any funds as cash collateral in respect of LC Disbursements as required hereunder; or
Appears in 2 contracts
Samples: Credit Agreement (KAMAN Corp), Credit Agreement (Kaman Corp)
Non-Payment of Principal. The principal amount due upon any Loan or LC Disbursement L/C Obligation is not paid when due, whether at maturity, by acceleration or otherwise, or any Borrower shall fail to deposit any funds as cash collateral Cash Collateral in respect of LC Disbursements as required hereunderL/C Obligations; or
Appears in 1 contract
Non-Payment of Principal. The principal amount due upon any Loan or LC Disbursement L/C Obligation is not paid when due, whether at maturity, by acceleration or otherwise, or any Borrower shall fail to deposit any funds as cash collateral Cash Collateral in respect of LC Disbursements L/C Obligations as required hereunder; or
Appears in 1 contract