Common use of Other Payment Default Clause in Contracts

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 five (5) days.

Appears in 7 contracts

Samples: Credit Agreement (Amerigas Partners Lp), Credit Agreement (CST Brands, Inc.), Credit Agreement (Amerigas Partners Lp)

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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 Term Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of five (5) daysBusiness Days.

Appears in 5 contracts

Samples: Credit Agreement (Beacon Roofing Supply Inc), Credit Agreement (Beacon Roofing Supply Inc), Intercreditor Agreement (Beacon Roofing Supply 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 ObligationObligation (other than those Obligations addressed in clause (a) above and any Specified Obligations), and such default shall continue for a period of five (5) daysBusiness Days.

Appears in 4 contracts

Samples: Credit Agreement (Fossil Group, Inc.), Credit Agreement (Fossil Group, Inc.), Credit Agreement (Fossil Group, Inc.)

Other Payment Default. The Borrower Borrowers 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 five (5) days.

Appears in 4 contracts

Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (PRA International), Credit Agreement (Pool Corp)

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 following notice of such default to the Borrower (i) for a period of two (2) Business Days for any interest payment due hereunder, and (ii) for a period of five (5) daysBusiness Days for any other fees or other amounts due hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Patrick Industries Inc), Credit Agreement (Patrick Industries Inc), Credit Agreement (Patrick Industries 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 unremedied for a period of five (5) daysBusiness Days.

Appears in 3 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc)

Other Payment Default. The Parent 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 five (5) daysBusiness Days.

Appears in 3 contracts

Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, 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 (i) interest on any Loan or Reimbursement Obligation Obligation, or the payment any fee described in Section 5.3, and in either case such default shall continue for a period of three (3) Business Days or (ii) any other Obligation, and such default shall continue for a period of five ten (510) daysBusiness Days.

Appears in 3 contracts

Samples: Credit Agreement (Blackhawk Network Holdings, Inc), Credit Agreement (Blackhawk Network Holdings, Inc), Credit Agreement (Blackhawk Network Holdings, 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 ObligationObligation (other than Cash Management Obligations), and such default shall continue for a period of five (5) days.

Appears in 2 contracts

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

Other Payment Default. The Borrower or any other Credit 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 ObligationObligation (other than Obligations in respect of Cash Management Agreements), and such default shall continue for a period of five (5) days.

Appears in 2 contracts

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

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 five three (53) daysBusiness Days after notice.

Appears in 2 contracts

Samples: Credit Agreement (Kronos Worldwide Inc), Credit Agreement (Kronos Worldwide 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 five (5) daysBusiness Days.

Appears in 1 contract

Samples: Credit Agreement (PAS, 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 five (5) days3 Business Days.

Appears in 1 contract

Samples: Credit Agreement (Macquarie Infrastructure CO LLC)

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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 five (5) daysBusiness Days.

Appears in 1 contract

Samples: Credit Agreement (Beacon Roofing Supply 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 five three (53) daysBusiness Days.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare 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 Term Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of five (5) days.Business Days. 123

Appears in 1 contract

Samples: Restatement and Lender Joinder Agreement (Beacon Roofing Supply 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 five (5) daysBusiness Days.

Appears in 1 contract

Samples: Credit Agreement (SolarWinds, 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 ObligationObligation (not addressed in clause (a) above), and such default shall continue for a period of five (5) daysBusiness Days.

Appears in 1 contract

Samples: Credit Agreement (Fossil Inc)

Other Payment Default. The Borrower or Borrower, any other Credit Party or the Limited Guarantor 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, Obligation and such default shall continue for a period of five (5) daysBusiness Days.

Appears in 1 contract

Samples: Credit Agreement (DynCorp International 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 five three (53) daysBusiness Days following notice of such default to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Patrick Industries 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 Term Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of five (5) calendar days.

Appears in 1 contract

Samples: Credit Agreement (Walker & Dunlop, Inc.)

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