Common use of Non-Payment of the Loans Clause in Contracts

Non-Payment of the Loans. The Company shall fail (a) to pay when due the principal of any Loan; or (b) to pay within five (5) days after the same shall become due any interest, fee, or other amount payable by the Company hereunder or under any other Loan Document.

Appears in 3 contracts

Samples: Credit Agreement (Digerati Technologies, Inc.), Credit Agreement (Digerati Technologies, Inc.), Credit Agreement (Digerati Technologies, Inc.)

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Non-Payment of the Loans. The Company shall fail (a) to pay when due the principal of any Loan; or (b) to pay within five three (53) days after the same shall become due any interest, fee, or other amount payable by the Company hereunder or under any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Cellular Dynamics International, Inc.)

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