Common use of Payment of Loans Clause in Contracts

Payment of Loans. Any Borrower shall fail to pay any of the ---------------- principal of, or interest or premium, if any, on the Loans on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

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Payment of Loans. Any Borrower shall fail to pay any installment of the ---------------- principal ofprincipal, or interest or premium, if any, owing on the Revolving Credit Loans or on the Term Loan on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 1 contract

Samples: Loan and Security Agreement (Union Drilling Inc)

Payment of Loans. Any Borrower shall fail to pay make any payment of the ---------------- principal ofprincipal, or interest or premium, if any, owing on the Loans on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 1 contract

Samples: Loan and Security Agreement (Fresh Foods Inc)

Payment of Loans. Any Borrower shall fail to pay any of the ---------------- principal of, or interest or premium, if any, on the Loans on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

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Payment of Loans. Any Borrower shall fail to pay any installment of the ---------------- principal ofprincipal, or interest or premium, if any, owing on the Loans on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise)therefor.

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Performance Corp)

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