Common use of Other Payment Default Clause in Contracts

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 28 contracts

Samples: Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.), Credit Agreement (Switch, Inc.)

AutoNDA by SimpleDocs

Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 27 contracts

Samples: Credit Agreement (Chuy's Holdings, Inc.), Credit Agreement (Chuy's Holdings, Inc.), Credit Agreement (Cirrus Logic Inc)

Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) or more Business Days.

Appears in 20 contracts

Samples: Credit Agreement (Bowater Inc), Credit Agreement (Bowater Inc), Credit Agreement (AbitibiBowater Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Revolving Credit Note or the payment of any other Obligation, Obligation and such default payment shall continue for a period of three not have been made within five (35) Business DaysDays thereafter.

Appears in 19 contracts

Samples: Credit Agreement (Cooper River Properties LLC), Credit Agreement (Cooper River Properties LLC), Credit Agreement (Cooper River Properties LLC)

Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three five (35) Business Days.

Appears in 17 contracts

Samples: Credit Agreement (Marlin Midstream Partners, LP), Credit Agreement (Atlas Pipeline Partners Lp), Credit Agreement (Aci Worldwide, Inc.)

Other Payment Default. The Any Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 11 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of three (3) Business Days.

Appears in 10 contracts

Samples: Credit Agreement (DRS Technologies Inc), Credit Agreement (Hickory Tech Corp), Credit Agreement (DRS Technologies Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 9 contracts

Samples: Credit Agreement (Kinder Morgan Bulk Terminals Inc), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Mindspring Enterprises Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 9 contracts

Samples: Term Loan Agreement (Hormel Foods Corp /De/), Credit Agreement, Credit Agreement (Allegiance Bancshares, Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 9 contracts

Samples: Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any Reimbursement Obligation or interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 8 contracts

Samples: Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 8 contracts

Samples: Fourth Amendment and Lender Joinder Agreement (SYNAPTICS Inc), Credit Agreement (SYNAPTICS Inc), Credit Agreement (SYNAPTICS Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 7 contracts

Samples: Credit Agreement (Golf Trust of America Inc), Credit Agreement (Golf Trust of America Inc), Credit Agreement (Golf Trust of America Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 7 contracts

Samples: Credit Agreement (Quintiles Transnational Corp), Credit Agreement (Lci International Inc /Va/), Credit Agreement (Corrections Corporation of America)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 7 contracts

Samples: Credit Agreement (Ikon Office Solutions Inc), Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 7 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 7 contracts

Samples: Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Southwest Gas Corp)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent or any Lender.

Appears in 6 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Revolving Credit Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 6 contracts

Samples: 364 Day Credit Agreement (Jones Apparel Group Inc), Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 5 contracts

Samples: Credit Agreement (G&k Services Inc), Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of (i) interest on any Loan Loan, Note or Reimbursement Obligation Obligation, and such default shall continue unremedied for five (5) Business Days or the payment of (ii) any other Obligation, and such default shall continue unremedied for a period of three ten (310) Business Days.

Appears in 4 contracts

Samples: Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc)

Other Payment Default. The Borrower or any other Loan Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 3 contracts

Samples: Second Lien Credit Agreement, First Lien Credit Agreement (Turning Point Brands, Inc.), Second Lien Credit Agreement (Turning Point Brands, Inc.)

Other Payment Default. The Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligationfees hereunder, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 3 contracts

Samples: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Credit Agreement (Cable Michigan Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Brinks Co), Loan Agreement (Brinks Co), Credit Agreement (Brinks Co)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 3 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)

Other Payment Default. The Either Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 3 contracts

Samples: Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of (i) interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue remain uncured for a period of three (3) Business DaysDays after the scheduled date of payment of such interest or (ii) any other Obligation (including without limitation any fees due to Administrative Agent or Lenders hereunder) and such default shall remain uncured for a period of three (3) Business Days following notice by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Access Financial Solutions Inc), Credit Agreement (JLG Industries Inc)

Other Payment Default. The Borrower Borrowers shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Choice One Communications Inc), Credit Agreement (Choice One Communications Inc)

Other Payment Default. The Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest due on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Kforce Inc), Credit Agreement (Kforce Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligationfees hereunder, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Cable Michigan Inc), Credit Agreement (Cable Michigan Inc)

Other Payment Default. The Borrower shall default in the payment --------------------- when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (American Business Information Inc /De), Credit Agreement (American Business Information Inc /De)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three two (32) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Roanoke Electric Steel Corp), Credit Agreement (Roanoke Electric Steel Corp)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of mandatory prepayment, acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit and Security Agreement (Interpool Inc), Credit and Security Agreement (Seacastle Inc.)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Other Payment Default. The Borrower or any Subsidiary shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Digital Generation Systems Inc), Credit Agreement (Digital Generation Systems Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest due on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any Reimbursement Obligation or interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Revolving Credit Agreement (BlackRock Inc.), Revolving Credit Agreement (BlackRock Inc.)

Other Payment Default. The Borrower Borrowers or any other Loan Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Turning Point Brands, Inc.), Second Lien Credit Agreement (Turning Point Brands, Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Optio Software Inc), Credit Agreement (Texfi Industries Inc)

Other Payment Default. The Either Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Tekelec), Credit Agreement (Tekelec)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Cca Prison Realty Trust), Credit Agreement (Cca Prison Realty Trust)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.;

Appears in 2 contracts

Samples: Credit Agreement (Acc Corp), Credit Agreement (Acc Corp)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of not be cured within three (3) Business DaysDays after Borrowers have received notice of such default.

Appears in 2 contracts

Samples: Credit Agreement (Duratek Inc), Credit Agreement (GTS Duratek Inc)

Other Payment Default. The Borrower Borrowers shall default in --------------------- the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Wilmar Industries Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation the Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Line of Credit Agreement (Rare Hospitality International Inc), Line of Credit Agreement (Rare Hospitality International Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) 3 Business Days.

Appears in 1 contract

Samples: Credit Agreement (Macquarie Infrastructure CO LLC)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Condor Technology Solutions Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, Obligation (other than payments of principal) and such default payment shall continue for a period of three not have been made within thirty (330) Business Daysdays after such payment becomes due.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Insignia Financial Group Inc /De/)

Other Payment Default. The Borrower Borrowers shall default (i) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days, or (ii) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of Reimbursement Obligation or the payment of any other Obligation and such default shall continue for a period of five (5) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Boot Barn Holdings, Inc.)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Note or any other Obligation or any Credit Party shall default in the payment of any other Obligationamount due hereunder, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Loan Agreement (Sirrom Investments Inc)

AutoNDA by SimpleDocs

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default payment shall continue for a period of three not have been made within five (35) Business DaysDays after such payment becomes due.

Appears in 1 contract

Samples: Credit Agreement (Insignia Esg Holdings Inc)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other ObligationCredit Agreement Obligations arising under any Loan Document, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Acc Corp)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 1 contract

Samples: Credit Agreement (United States Lime & Minerals Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other ObligationCredit Agreement Obligations arising under any Loan Document, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

Other Payment Default. The Any Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Other Payment Default. The Borrower shall default (i) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days, or (ii) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of Reimbursement Obligation or the payment of any other Obligation and such default shall continue for a period of five (5) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Boot Barn Holdings, Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Revolving Credit Loan, Revolving Credit Note or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Jones Apparel Group Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.. CHL:40759.7

Appears in 1 contract

Samples: Credit Agreement (Family Dollar Stores Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three five (35) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Zoe's Kitchen, Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Caraustar Industries Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Revolving Credit Loan, Revolving Credit Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Ct Communications Inc /Nc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation (other than payments of principal) and such default payment shall continue for a period of three not have been made within five (35) Business DaysDays after such payment becomes due.

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc /De/)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or (except as provided in clause (a) above) the payment of any other Obligation, Obligation (other than any Obligation under any Hedging Agreement or Cash Management Agreement) for more than three Business Days after the same becomes due and such default shall continue for a period of three (3) Business Dayspayable.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of (i) interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, Note and such default shall continue remain uncured for a period of three (3) Business DaysDays after the scheduled date of payment of such interest or (ii) any other Obligation (including without limitation any fees due to Administrative Agent or Lenders hereunder) and such default shall remain uncured for a period of three (3) Business Days following notice by the Administrative Agent.

Appears in 1 contract

Samples: Working Capital Credit Agreement (JLG Industries Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (Pittston Co)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other monetary Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Mitel Networks Corp)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Other Payment Default. The Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Other Payment Default. The Borrower or any Subsidiary thereof shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Radyne Corp)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation any Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Kaman Corp)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue unremedied for a period of three five (35) Business DaysDays after the due date thereof.

Appears in 1 contract

Samples: Credit Agreement (Healthplan Services Corp)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any interest, fees or other amounts owing on any Loan Loan, Note or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Miller Herman Inc)

Other Payment Default. The Any Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note, Reimbursement Obligation or Aggregator Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any the Term Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Term Loan Credit Agreement (CoreCivic, Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Secured Obligation (excluding any termination payment under any Secured Hedging Agreement) and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of 62 interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Dollar Express Inc)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Ikon Office Solutions Inc)

Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any the Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three seven (37) Business Daysdays.

Appears in 1 contract

Samples: Credit Agreement (FaceBank Group, Inc.)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Revolving Credit Loan or Reimbursement Obligation Revolving Credit Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan Loan, Note or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (Pittston Co)

Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three seven (37) Business Days.

Appears in 1 contract

Samples: Credit Agreement (United Companies Financial Corp)

Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

Other Payment Default. The Any Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of not be cured within three (3) Business DaysDays after Borrowers have received notice of such default.

Appears in 1 contract

Samples: Credit Agreement (GTS Duratek Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!