Payment of Principal, Interest. The Borrower defaults in the prompt payment as and when due of the principal of or interest on the Loan or any fees due under this Loan Agreement, or in the prompt payment when due of any other indebtednesses, liabilities, or obligations to the Bank, whether now existing or hereafter created or arising; direct or indirect, absolute or contingent; or
Appears in 4 contracts
Samples: Loan Agreement (LINC Logistics Co), Credit Agreement (LINC Logistics Co), Loan Agreement (LINC Logistics Co)
Payment of Principal, Interest. The Borrower or Term Loan Borrower defaults in the prompt payment as and when due of the principal of or interest on the Loan Loans or any fees due under this Loan Agreement, or in the prompt payment when due of any other indebtednessesindebtedness, liabilities, or obligations to the Bank, whether now existing or hereafter created or arising; direct or indirect, absolute or contingent, and including without limitation any failure to pay upon acceleration or maturity, which default shall continue unremedied for a period of five (5) days; or
Appears in 1 contract
Payment of Principal, Interest. The Borrower defaults in the prompt payment as and when due of the principal of or interest on the Loan or any fees due under this Loan AgreementAgreement when due, or in the prompt performance or payment when due of any other indebtednesses, liabilities, or obligations Obligations to the Bank, whether now existing or hereafter created or arising; , direct or indirect, absolute or contingent; or
Appears in 1 contract
Samples: Revolving Loan Agreement (CNL Strategic Capital, LLC)
Payment of Principal, Interest. The Borrower defaults in the prompt payment as and when due of the principal of or interest on the Loan or any fees due under this Loan Agreement, or in the prompt payment when due of any other indebtednessesindebtedness, liabilities, or obligations to the Bank, whether now existing or hereafter created or arising; direct or indirect, absolute or contingent, which default shall continue unremedied for a period of five (5) days; or
Appears in 1 contract
Payment of Principal, Interest. The Borrower defaults in the prompt payment as and when due of the principal of or interest on the Loan or any fees due under this Loan Agreement, or in the prompt performance or payment when due of any other indebtednesses, liabilities, or obligations Obligations to the Bank, whether now existing or hereafter created or arising; , direct or indirect, absolute or contingent; or
Appears in 1 contract
Samples: Loan Agreement (Standard Premium Finance Holdings, Inc.)
