Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the Borrower by the Lender.
Appears in 4 contracts
Samples: Loan Agreement (International Comfort Products Corp), Loan and Security Agreement (Airport Systems International Inc), Loan and Security Agreement (International Comfort Products Corp)
Other Payment Default. The Borrower shall default in the payment, as and when due, payment of any sums other than principal of or interest on, any other Secured Obligationwhich are due under this Agreement or the Security Agreement, and such default shall continue for five a period of thirty (30) days after written notice thereof has been given to the Borrower by the Lender.
Appears in 3 contracts
Samples: Master Guidance Line of Credit Agreement, Master Guidance Line of Credit Agreement (Benefitfocus,Inc.), Master Guidance Line of Credit Agreement (Benefitfocus,Inc.)
Other Payment Default. The Any Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for a period of five (5) days after written notice thereof has been given to the such Borrower by the LenderAgent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five a period of 10 days after written notice thereof has been given to the Borrower by the LenderAgent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Nabi /De/), Loan and Security Agreement (Texfi Industries Inc)
Other Payment Default. The Either Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the either Borrower by the Lender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ild Telecommunications Inc), Loan and Security Agreement (Intellicall Inc)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five (5) days after written notice thereof has been given to the Borrower by the Lenderdemand.
Appears in 2 contracts
Samples: Loan Agreement (Female Health Co), Loan Agreement (Female Health Co)
Other Payment Default. The Any Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five a period of ten (10) days after written notice thereof has been given to the such Borrower by the LenderAgent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp)
Other Payment Default. The Borrower Borrowers shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five a period of 10 days after written notice thereof has been given to the Borrower Borrowers by the LenderAdministrative Agent.
Appears in 2 contracts
Samples: Loan and Security Agreement (American Tire Distributors Inc), Loan and Security Agreement (Heafner Tire Group Inc)
Other Payment Default. The Borrower Borrowers shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the Borrower Borrowers by the LenderAdministrative Agent.
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Other Payment Default. The Borrower shall default in the payment, as and when due, payment of principal of interest or interest on, any other Secured Obligation, payment obligation when and as due hereunder and such default shall continue unremedied for five days after written notice thereof has been given to the Borrower by the Lender.days;
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, --------------------- as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the Borrower by the Lender.
Appears in 1 contract
Samples: Loan Agreement (Tie Acquisition Co)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five a period of 10 days after any of the Borrower's officers learns of it (whether as a result of written notice thereof has been given to the Borrower by the Agent or any Lender, or otherwise).
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Other Payment Default. The Borrower shall default in the payment, as ----------------------- and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five (5) days after written notice thereof has been given to the Borrower by the Lenderdemand.
Appears in 1 contract
Samples: Loan Agreement (Female Health Co)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for a period of five days after written notice thereof has been given to the Borrower by the LenderAgent.
Appears in 1 contract
Samples: Loan and Security Agreement (Ithaca Industries Inc)
Other Payment Default. The Borrower Borrowers shall default in the payment, as and when due, due of principal of or interest on, any Secured Obligation (other Secured Obligationthan as provided in CLAUSE (a) above), and such default shall continue for five a period of 10 days after written notice thereof has been given to the Borrower by the LenderAdministrative Agent.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five a period of ten (10) days after written notice thereof has been given to the Borrower by the LenderAgent.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the Borrower by the LenderAdministrative Agent.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five a period of ten (10) days after written notice thereof has been given to the Borrower by the LenderAgent.
Appears in 1 contract
Samples: Loan and Security Agreement (Loehmanns Holdings Inc)
Other Payment Default. The Borrower shall default in the payment, when and as and when due, of principal of of, or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the Borrower by the Lendersuch due date.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, or any other Secured Obligation, and such default shall continue for a period of five days after written notice thereof has been given to the Borrower by the Lenderdays.
Appears in 1 contract
Samples: Loan and Security Agreement (Ithaca Industries Inc)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five ten days after written notice thereof has been given to the Borrower by the LenderUnder.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five 10 days after written notice thereof has been given to the Borrower by the Agent or any Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Supreme International Corp)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five twenty (20) days after written notice thereof has been given to the Borrower by the Lenderdue date.
Appears in 1 contract
Samples: Loan and Security Agreement (Centennial Specialty Foods Corp)
Other Payment Default. The Borrower Borrowers shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for a period of five days after written notice thereof has been given to the Borrower Borrowers by the LenderAdministrative Agent.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Mastec Inc)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days after written notice thereof has been given to the Borrower by the Lender.
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Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five days (5) Business Days after written notice thereof has been given to the Borrower by the Lenderdue date.
Appears in 1 contract
Samples: Revolving Credit Loan and Security Agreement (Freedom Financial Group Inc)
Other Payment Default. The Borrower shall default in the payment, as and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five ten days after written notice thereof has been given to the Borrower by the Lender.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, payment when and as and when due, due of principal of or interest on, any other Secured Obligation, Obligation and such default shall continue for five (5) days after written notice thereof has been given to the Borrower by the LenderLender at the address specified herein.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (Marshall Industries)
Other Payment Default. The Borrower shall default in the payment, as --------------------- and when due, of principal of or interest on, any other Secured Obligation, and such default shall continue for five ten days after written notice thereof has been given to the Borrower by the Lender.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment, payment when and as and when due, due of principal of or interest on, any other Secured Obligation, Obligation and such default shall continue unremedied for five days (5) Business Days after its receipt of written notice thereof has been given to the Borrower by the Lenderthereof.
Appears in 1 contract
