Common use of Nonpayment of Principal Clause in Contracts

Nonpayment of Principal. The Borrower fails to pay any principal portion of the Obligations when due, whether on the Maturity Date or otherwise.

Appears in 31 contracts

Samples: Unsecured Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp)

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Nonpayment of Principal. The Borrower fails to pay any principal portion of the Obligations Obligations, including the Reimbursement Obligations, when due, whether on the Maturity Date or otherwise.

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (First Industrial Lp), Unsecured Revolving Credit Agreement (First Industrial Lp), Unsecured Revolving Credit Agreement (First Industrial Lp)

Nonpayment of Principal. The Borrower fails to pay any principal ----------------------- portion of the Obligations when due, whether on the Maturity Date or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Rouse Company), Unsecured Revolving Credit Agreement (Rouse Company)

Nonpayment of Principal. The Borrower fails to pay any principal portion of the Obligations when due, whether on the Maturity Date or otherwise, subject only to Section 2.16(i) with respect to Competitive Bid Loans.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Bradley Real Estate Inc)

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Nonpayment of Principal. The Borrower fails to pay any principal portion of the Obligations when due, whether on the Maturity Date or otherwise.

Appears in 1 contract

Samples: Revolving Credit Agreement (LNR Property Corp)

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