Common use of Nonpayment of Obligations Clause in Contracts

Nonpayment of Obligations. Any principal amount due and owing on any Revolving 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 days after it is due.

Nonpayment of Obligations. Any principal amount due and owing on the Note is not paid when due or any Revolving Note or amount due and owing on any of the Obligations, whether by its terms or as otherwise provided herein, is not paid within three (3) Business Days of the date when due and any interest due and owing on any Note is not paid within five days after it such amount is due.

Nonpayment of Obligations. Any (i) principal amount due and owing on any Revolving Note or any of the ObligationsNote, whether by its terms or as otherwise provided herein, is not paid when due and or (ii) interest payment or any interest due and owing on any Note of the other Obligations (excluding principal payments) whether by its terms or as otherwise provided herein, is not paid within five (5) days after it is of when due.

Nonpayment of Obligations. Any principal amount due and owing on any Revolving Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid when due and due, or any interest interest, fees, expenses or other amounts 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 days after it is (5) Business Days when due.

Nonpayment of Obligations. Any The principal amount of, and any interest accruing on, any Note is not paid when due, or any other amount due and owing on any Revolving Note or in respect of 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) calendar days after it is the date when due.