Nonpayment. The Borrower shall fail to pay (i) any interest due on the Note or any fees, charges, costs or expenses under the Loan Documents by 5 days after the same becomes due; or (ii) any principal amount of the Note when due.
Appears in 13 contracts
Samples: Revolving Credit Agreement (SRS Labs Inc), Term Loan Agreement (Park City Group Inc), Term Loan Agreement (Outdoor Channel Holdings Inc)
Nonpayment. The Borrower shall fail to pay (i) when due (whether by mandatory prepayment or otherwise) any interest due on principal of the Note or any fees, charges, costs or expenses under the Loan Documents by 5 days after the same becomes due; Notes or (ii) more than five (5) days after the due date thereof, any principal amount of interest on the Note when dueNotes on any fees or any other Obligations payable hereunder.
Appears in 4 contracts
Samples: Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.)
Nonpayment. The Borrower shall fail fails to pay (i) any interest due on the Note or any fees, charges, costs or expenses under the Loan Documents by 5 days after the same becomes due; or (ii) any principal amount of the Note when due.
Appears in 2 contracts
Samples: Term Loan and Security Agreement (Greater Bay Bancorp), Term Loan Agreement (United Community Bancshares Inc)
Nonpayment. The Borrower shall fail fails to pay (i) any interest due on the Note Notes or any fees, charges, costs or expenses under the Loan Documents by 5 days after the same becomes due; or (ii) any principal amount of the Note Notes when due.
Appears in 2 contracts
Samples: Credit Agreement (Anchor Bancorp Wisconsin Inc), Revolving Credit and Term Loan Agreement (United Community Bancshares Inc)
Nonpayment. The Borrower shall fail to pay (i) any principal of the Note, any interest due on upon the Note Note, any reimbursement obligation respecting any Letter of Credit or any fees, charges, costs Fee or expenses under the Loan Documents by 5 other Obligations within five (5) days after the same becomes due; or (ii) any principal amount of the Note when due.;
Appears in 1 contract
Samples: Credit Agreement (Bha Group Inc)
Nonpayment. The Borrower shall fail to pay (i) when due any payment of principal or interest due on the Note or any fees, charges, costs or expenses under the Loan Documents by 5 within five (5) days after the same becomes due; or (ii) any principal amount of the Note when date on which such payment is due.
Appears in 1 contract
Samples: Loan Agreement (Popmail Com Inc)
Nonpayment. The Borrower shall fail to pay (i) any interest due on the Note Notes or under any L/C Reimbursement Agreement, or any fees, charges, costs costs, expenses or expenses other amounts under the Loan Documents Document by 5 five (5) days after the same becomes due; or (ii) any principal amount of due on the Note Notes when due.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Vaughn Communications Inc)
Nonpayment. The Borrower shall fail fails to pay (i) any interest due on ---------- the Note or any fees, charges, costs or expenses under the Loan Documents by within 5 days after the same becomes due; or (ii) any principal amount of the Note when due.
Appears in 1 contract
Nonpayment. The Borrower shall fail to pay (i) any interest due on the this Note or any fees, charges, costs or expenses under the Loan Documents by 5 days after the same becomes when due; or (ii) any principal amount of the this Note when due, except principal amount due at maturity, and such nonpayment shall remain unremedied for a period of ten (10) days.
Appears in 1 contract
Nonpayment. The Borrower shall fail to pay (i) any interest due on the Note or any fees, charges, costs or expenses under the Loan Documents by 5 within five (5) days after the same becomes due; or (ii) any principal amount of the Note when due.
Appears in 1 contract
Nonpayment. The Borrower shall fail to pay (i) any interest due on the Note or any fees, charges, costs or expenses under the Loan Documents by 5 days clays after the same becomes due; or (ii) any principal amount of the Note when due.
Appears in 1 contract
