Common use of Nonpayment Clause in Contracts

Nonpayment. (a) Failure by any Borrower to pay when due any principal on the Obligations (including without limitation pursuant to Section 2.8) other than Cash Management Liabilities or Hedge Liabilities on the date due;

Appears in 5 contracts

Samples: Credit and Security Agreement (Emerge Energy Services LP), Credit and Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement (Emerge Energy Services LP)

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Nonpayment. (a) Failure by any Borrower to pay when due any principal on the Obligations (including without limitation pursuant to Section 2.82.17) other than Cash Management Liabilities or Hedge Liabilities on the date due;

Appears in 1 contract

Samples: Security Agreement (Emerge Energy Services LP)

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Nonpayment. (a) Failure by any Borrower to pay when due any principal on the Obligations (including without limitation (i) any Prepayment Premium and (ii) pursuant to Section 2.8) other than Cash Management Liabilities or Hedge Liabilities on the date due;

Appears in 1 contract

Samples: Credit and Security Agreement (Emerge Energy Services LP)

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