Non-Payment of the Loans. etc. Default in the payment when due of the principal of or interest on any Loan; or default, and continuance thereof for five (5) days, in the payment when due of any interest, fee, reimbursement obligation with respect to any Letter of Credit or other amount payable by any Borrower hereunder or under any other Loan Document.
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Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)
Non-Payment of the Loans. etc. Default in the payment when due of the principal of or interest on any Loan; or default, and continuance thereof for five (5) days, in the payment when due of any interest, fee, reimbursement obligation with respect to any Letter of Credit or other amount payable by any Borrower hereunder or under any other Loan Document.payment
Appears in 2 contracts
Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)
Non-Payment of the Loans. etc. Default in the payment when due of the principal of or interest on any Loan; or default, and continuance thereof for five (5) days, in the payment when due of any interest, fee, reimbursement obligation with respect to any Letter of Credit or other amount payable by any Borrower the Company hereunder or under any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Ennis, Inc.)
Non-Payment of the Loans. etc. Default in the payment when due of the principal of or interest on any Loan; or default, and continuance thereof for five (5) or more days, in the payment when due of any interest, fee, reimbursement obligation with respect to any Letter of Credit fee or other amount payable by any Borrower hereunder Borrowers under this Agreement or under any other Loan Document.
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