Common use of Non-Payment Clause in Contracts

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 62 contracts

Samples: Facility Agreement (Powerfleet, Inc.), Facilities Agreement (WEIBO Corp), Facility Agreement (Melco Resorts & Entertainment LTD)

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Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 50 contracts

Samples: Loan Agreement (Alternus Clean Energy, Inc.), Assignment Agreement, Credit Agreement (PowerFleet, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document at the place at and Documents in the currency in which it is expressed to be payable unlessmanner required under the Finance Documents, unless the non-payment:

Appears in 10 contracts

Samples: Facility Agreement (SK Ecoplant Co., Ltd.), Facility Agreement (SK Ecoplant Co., Ltd.), Agreement

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 9 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 5 contracts

Samples: Term Loan Facility Agreement (Far East Energy Corp), Facility Agreement (ChinaEdu CORP), Term Facility Agreement (Grupo Financiero Galicia Sa)

Non-Payment. The A Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 5 contracts

Samples: Facilities Agreement, Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and this Agreement in the currency in which it is expressed to be payable unless:

Appears in 4 contracts

Samples: Facility Agreement (NetEase, Inc.), Facility Agreement (Youdao, Inc.), Facility Agreement (NetEase, Inc.)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 4 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Diana Shipping Inc., Loan Agreement (NewLead Holdings Ltd.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document Document, at the place at and in the currency in which it is expressed to be payable unless:

Appears in 4 contracts

Samples: Harmony Gold Mining Co LTD, Harmony Gold Mining Co LTD, Harmony Gold Mining Co LTD

Non-Payment. The Borrower or an Owner does not pay on the due date any amount payable pursuant to a by it under any Finance Document to which it is a part at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 4 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a any relevant Finance Document at the place at and in the currency in which it is expressed to be payable under this Agreement unless:

Appears in 4 contracts

Samples: Agreement (PCCW LTD), Agreement (PCCW LTD), Agreement (PCCW LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a any Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 3 contracts

Samples: Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.)

Non-Payment. The An Obligor or member of the Borrower Group does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 3 contracts

Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Facilities Agreement (Atlatsa Resources Corp), Facilities Agreement (Anooraq Resources Corp)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a this Agreement and/or any other Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

Non-Payment. The Borrower does not fails to pay any amount which becomes payable by it under a Finance Document on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unlessfor payment thereof, except if:

Appears in 2 contracts

Samples: Loan Agreement (Harmony Gold Mining Co LTD), Loan Agreement (Harmony Gold Mining Co LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document Documents at the place at and in the currency in which it is expressed to be payable unlessunless such non-payment:

Appears in 2 contracts

Samples: Agreement (Sonera Corp), Agreement (Sonera Corp)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at place, in the manner and in the currency in which it is expressed to be payable unlessunless its failure to pay is caused by:

Appears in 2 contracts

Samples: www.sec.gov, Term Loan Facility Agreement (Sibanye Gold LTD)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless (a) its failure to pay is caused by administrative or technical error or a Disruption Event and (b) payment is made within two (2) Business Days of its due date.

Appears in 2 contracts

Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

Non-Payment. The A Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document at the place at and Documents in the currency in which it is expressed to be payable unlessmanner required under the Finance Documents, unless the non-payment:

Appears in 2 contracts

Samples: Agreement (Danaos Corp), Agreement (Vivendi Universal)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 2 contracts

Samples: www.sec.gov, Facility Agreement (Fabrinet)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Loan Agreement (DHT Holdings, Inc.), Loan Agreement (DHT Holdings, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document (except an amount the non-payment of which requires the Borrower to make a prepayment under Clause 10.6) at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Non-Payment. The Borrower does not fails to pay on the due date any amount payable pursuant to a Finance Document to which it is a party at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (China Security & Surveillance Technology, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document this Loan at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Subordinated Intercompany Loan Agreement (New Skies Satellites Holdings Ltd.), Subordinated Intercompany Loan Agreement (New Skies Satellites Holdings Ltd.)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Charter Agreement (Knightsbridge Shipping LTD), Assignment Agreement (B Plus H Ocean Carriers LTD)

Non-Payment. The A Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Facilities Agreement, Facility Agreement (Six Continents PLC)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document (except an amount the non-payment of which requires the Borrower to make a prepayment under Clause 8.6 (Mandatory prepayment and cancellation in relation to a single Lender) at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Facility Agreement (Tower Group International, Ltd.), Letter of Credit Facility Agreement (Tower Group International, Ltd.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Sesa Sterlite LTD

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable payable, unless:

Appears in 1 contract

Samples: Shareholder Loan Facility Agreement (Novartis Ag)

Non-Payment. The Borrower or the Sponsor does not pay on the due date and by the due time any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Madeleine Charging B.V.

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless –

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Net 1 Ueps Technologies Inc)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within three days of its due date.

Appears in 1 contract

Samples: Agreement (Promotora De Informaciones Sa /Fi)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within one (1) Business Day of its due date.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document Documents at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Anglogold Ashanti LTD)

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Non-Payment. The Borrower or the Owner does not pay on the due date any amount payable pursuant to a by it under any Finance Document to which it is a part at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable payable. unless:

Appears in 1 contract

Samples: Agreement (Daqo New Energy Corp.)

Non-Payment. 21.2.1 The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Entire Agreement (System1, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless, in the case of payments other than of principal:

Appears in 1 contract

Samples: Agreement (Las Vegas Sands Corp)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)

Non-Payment. The Borrower or any member of the Group does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Agreement (MK Arizona Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless such failure to pay is caused by an administrative error or technical difficulties within the banking system in relation to the transmission of funds and payment is made within three Business Days of its due date.

Appears in 1 contract

Samples: Facility Agreement (Cemex Sab De Cv)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Facility Agreement (Shanda Games LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:other than as a result of the failure of the appropriate payment transmission system provided that such payment is made to the Lender within 3 Business Days of the due date.

Appears in 1 contract

Samples: Behringer Harvard Opportunity REIT I, Inc.

Non-Payment. The Borrower does not pay on the due date or time any amount payable pursuant to a [this Agreement] [the Finance Document Documents] at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Loan Agreement

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unlessunless its failure to pay is caused by:

Appears in 1 contract

Samples: Compagnie Maritime Belge NV

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Facility Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Cascal B.V.)

Non-Payment. The Borrower does not pay on the due date any amount payable by it pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within 3 (three) Business Days of its due date.

Appears in 1 contract

Samples: Facility Agreement (Xunlei LTD)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to a be paid by them under the Finance Document at the place at and Documents in the currency in which it is expressed to be payable manner required under the Finance Documents, unless:

Appears in 1 contract

Samples: Archstone Smith Trust

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document by it under this Agreement at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:he payable.

Appears in 1 contract

Samples: Loan Agreement (Top Ships Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document to which it is a party at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Mobile Telesystems Ojsc)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within one (1) Business Day of its due date.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Non-Payment. The Borrower does do not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: B Plus H Ocean Carriers LTD

Non-Payment. The Borrower or any Shareholder or Junior Creditor does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Corporate Property Associates 17 - Global INC)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document (including, without limitation, any amount in principal, interest, default interest, fees, costs, expenses and any other sum whatsoever due and payable under a Finance Document) (except an amount the non-payment of which requires the Borrower to make a prepayment under Clause 8.6 (Mandatory prepayment and cancellation in relation to a single Lender)) at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (General Geophysics Co)

Non-Payment. The Borrower or the Guarantor does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Micron Technology Inc)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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