Common use of Nonpayment Clause in Contracts

Nonpayment. Nonpayment of the principal of any Loan when due or nonpayment of any interest on any Loan, or of any commitment fee, or other obligation payable by the Borrower under any of the Loan Documents, within five days after the same becomes due.

Nonpayment. Nonpayment of the principal of any Loan when due or nonpayment of interest upon any interest on any Loan, Loan or of any commitment fee, facility fee or other obligation payable by the Borrower under any of the Loan Documents, this Agreement within five days after the same becomes due.

Nonpayment. Nonpayment of the principal of any Loan when due due, nonpayment of any Reimbursement Obligation within one (1) Business Day after the same becomes due, or nonpayment of interest upon any interest on any Loan, Loan or of any commitment feeCommitment Fee, LC Fee or other obligation payable by the Borrower obligations under any of the Loan Documents, Documents within five (5) days after the same becomes due.

Nonpayment. Nonpayment of the principal of any Loan Note or any Letter of Credit Liability when due due, or nonpayment of interest upon any interest on any Loan, Note or of any commitment fee, facility fee or letter of credit fee or other obligation payable by the Borrower obligations under any of the Loan Documents, Documents within five days after the same becomes due.

Nonpayment. Nonpayment of the principal of any Loan when due or nonpayment of any interest on any Loan, or of any commitment fee, or other obligation payable by the Borrower under any of the Loan Documents, within five days after the same becomes due.