Payment of Obligations Under Loan Documents Sample Clauses

Payment of Obligations Under Loan Documents. The Borrower fails to make timely payment of any principal, interest, or other amount due on any indebtedness owed the Bank under the Loan Documents, or fails to make any other payment to the Bank as contemplated thereunder either by the terms hereof or otherwise when due, and such failure shall continue for five (5) days.
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Payment of Obligations Under Loan Documents. Either Borrower fails to pay when due any principal, interest, or other amount due on any indebtedness owed Lender under the Loan Documents.
Sample 1
Payment of Obligations Under Loan Documents. Borrower's failure to make payment of any principal, interest, or other amount due on any indebtedness owed Bank under the Loan Documents, or failure to make any other payment to Bank as contemplated thereunder either by the terms hereof or otherwise.
Sample 1

Related to Payment of Obligations Under Loan Documents

  • Payments Under Loan Documents The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Borrowing or shall fail to pay any interest on any Loan, Reimbursement Obligation or Letter of Credit Borrowing or any other amount owing hereunder or under the other Loan Documents after such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the Borrower or its Subsidiaries, as the case may be.

  • Fulfilment of Obligations The Parties shall take any general or specific measures required to fulfil their obligations under this Agreement.

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