Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from the Bank that such amount was not paid when due.
Appears in 6 contracts
Samples: Loan and Security Agreement (Cti Industries Corp), Loan and Security Agreement (Smithway Motor Xpress Corp), Loan and Security Agreement (Argyle Security, Inc.)
Nonpayment of Obligations. Any amount due and owing on any the Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five ten (510) days after notice from the Bank that such amount was not paid when due.
Appears in 3 contracts
Samples: Loan and Security Agreement (Arlington Hospitality Inc), Loan and Security Agreement (Arlington Hospitality Inc), Loan and Security Agreement (Arlington Hospitality Inc)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from the Bank that such amount was not paid Business Days of when due.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Amtech Systems Inc)
Nonpayment of Obligations. Any amount due and owing on any Note the Notes or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five ten (510) days after notice from the Bank that such amount was not paid of when due.
Appears in 2 contracts
Samples: Loan Agreement (Cti Group Holdings Inc), Loan and Security Agreement (Fortune Industries, Inc.)
Nonpayment of Obligations. Any principal amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid when due and any interest due and owing on any Note is not paid within five (5) days after notice from the Bank that such amount was not paid when it is due.
Appears in 2 contracts
Samples: Loan and Security Agreement (Primoris Services CORP), Loan and Security Agreement (Rhapsody Acquisition Corp.)
Nonpayment of Obligations. Any amount due and owing on any Note or any ------------------------- of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from the Bank Lender that such amount was not paid when due.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amrep Corp.), Loan and Security Agreement (Amrep Corp.)
Nonpayment of Obligations. Any amount due and owing on any the Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from the Bank that such amount was not paid when duedue date thereof.
Appears in 2 contracts
Samples: Loan Agreement (Hutchinson Technology Inc), Loan Agreement (Hutchinson Technology Inc)
Nonpayment of Obligations. Any amount due and owing on any the Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from of the Bank that such amount was not paid when dueapplicable due date.
Appears in 1 contract
Samples: Loan and Security Agreement (Inland American Real Estate Trust, Inc.)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from the Bank Lender that such amount was not paid when due.
Appears in 1 contract
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, Obligations is not paid within five ten (510) days after notice from the Bank Lender that such amount was not paid when due.
Appears in 1 contract
Samples: Loan Agreement (Lime Energy Co.)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within when due and such failure to pay continues for a period of five (5) days after notice from the Bank that such amount was not paid when duethereof is provided to Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Hill International, Inc.)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid when due or within five ten (510) days after notice from the Bank that such amount was not paid when duethereafter.
Appears in 1 contract
Samples: Loan and Security Agreement (Birner Dental Management Services Inc)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five the ten (510) days after notice from the Bank that such amount was not paid date when due.
Appears in 1 contract
Samples: Loan Agreement (Neogen Corp)
Nonpayment of Obligations. Any amount due and owing on any Note the Notes or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from of the Bank that such amount was not paid when duedue date thereof.
Appears in 1 contract
Nonpayment of Obligations. Any amount due and owing on any the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from the Bank that such amount was not paid when is due.
Appears in 1 contract
Samples: Credit Agreement (Wowio, Inc.)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) 5 days after notice from of the Bank that such amount was not paid when date upon which it is due.
Appears in 1 contract
Samples: Loan Agreement (Koss Corp)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within when due and such failure to pay continues for a period of five (5) days after notice from the Bank that such amount was not paid when duethereof is provided to Borrowers.
Appears in 1 contract
Samples: Loan and Security Agreement (Hill International, Inc.)
Nonpayment of Obligations. Any amount due and owing on any the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid on the date that such amount is due, and such failure is not remedied within five (5) days after notice from the Bank that such amount was not paid when duedays.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.)
Nonpayment of Obligations. Any amount due and owing on any Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from of the Bank that such amount was not paid date when due.
Appears in 1 contract
Nonpayment of Obligations. Any amount due and owing on any the Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within five (5) days after notice from following the Bank that such amount was not paid date when due.
Appears in 1 contract
