Payment of Obligation. Borrower's failure or refusal to pay (i) principal of any Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), or (ii) any other part of the Obligation on or before five Business Days after the date due.
Appears in 4 contracts
Samples: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc)
Payment of Obligation. Borrower's ’s failure or refusal to pay (ia) principal of any Note, Note or any LC Exposure or any part thereof, thereof on or before the date when due (including any required mandatory prepayment when due), or (iib) any other part of the Obligation on or before five one Business Days Day after the date due.
Appears in 2 contracts
Samples: Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp)
Payment of Obligation. Borrower's failure or refusal to pay (ia) principal of any Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), or (iib) any other part of the Obligation on or before five Business Days 5 days after the date due.
Appears in 2 contracts
Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Capital Inc)
Payment of Obligation. Any Borrower's ’s failure or refusal to pay (ia) principal of any its Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), ) or (iib) any other part of the Obligation on or before five Business Days 5 days after the date due.
Appears in 2 contracts
Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)
Payment of Obligation. Borrower's failure or refusal to pay (ia) principal of any Note, Note or any LC Exposure or any part thereof, thereof on or before the date when due (including any required mandatory prepayment when due), or (iib) any other part of the Obligation on or before five one Business Days Day after the date due.
Appears in 1 contract
Payment of Obligation. Any Borrower's ’s failure or refusal to pay (ia) principal of any Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), ) or (iib) any other part of the Obligation on or before five Business Days 5 days after the date due.
Appears in 1 contract
Payment of Obligation. Borrower's ’s failure or refusal to pay (ia) principal of any Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), Note or (iib) any other part of the Obligation on or before five one Business Days Day after the date due.
Appears in 1 contract
Samples: Second Lien Term Loan Agreement (Goodrich Petroleum Corp)
Payment of Obligation. Borrower's failure or refusal to pay (ia) principal of any Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), or (iib) any other part of the Obligation on or before five Business Days 5 days after the date due, or (c) any final amounts due and payable under the Previous Agreement or the PMC Capital Agreement when due.
Appears in 1 contract
Payment of Obligation. Borrower's failure or refusal to pay (ia) any principal of any Note, or any part thereof, Note on or before the date when due (including any required mandatory prepayment when due), or (iib) any other part of the Obligation on or before five three Business Days after the date due.
Appears in 1 contract
Payment of Obligation. Borrower's ’s failure or refusal to pay (ia) any principal of any Note, or any part thereof, on or before the date when due (including any required mandatory prepayment when due), hereunder or (iib) any other part of the Obligation on or before five one Business Days Day after the date due.
Appears in 1 contract
Samples: Second Lien Term Loan Agreement (Goodrich Petroleum Corp)