Common use of Nonpayment of Obligations Clause in Contracts

Nonpayment of Obligations. Any amount due and owing on the Notes or any of the Obligations (including any Rate Management Obligation), whether by its terms or as otherwise provided herein, is not paid within five (5) Business Days of its due date.

Nonpayment of Obligations. Any amount due and owing on the Notes any Note or any of the Obligations (including any Rate Management Obligation)Obligations, whether by its terms or as otherwise provided herein, is not paid within five three (53) Business Days of its due datewhen due.

Nonpayment of Obligations. Any amount due and owing on the Notes Note or any of the Obligations (including any Rate Management Obligation)Obligations, whether by its terms or as otherwise provided herein, is not paid within (i) five (5) Business Days of its due datedate in the case of principal and interest payments and (ii) within thirty (30) Business Days in the case of all other amounts, including reimbursable fees, costs and expenses.