Common use of Payments Under Loan Documents Clause in Contracts

Payments Under Loan Documents. (a) The Borrower shall fail to make (i) any payment of principal on any Loan when due or (ii) payment of any Reimbursement Obligation within one (1) Business Day after such amount becomes due; (b) The Borrower shall fail to pay any interest on any Loan or any Reimbursement Obligation within three (3) Business Days after such interest becomes due in accordance with the terms hereof; or (c) The Borrower shall fail to pay any other amount owing hereunder (specifically excluding amounts that are addressed in subparagraphs (a) and (b) above) or under the other Loan Documents within three (3) Business Days after the time period specified herein or therein and, if no time period is specified, then within ten (10) Business Days after a demand or notice has been provided to the Borrower requesting payment of such amount;

Payments Under Loan Documents. (a) The Borrower shall fail to make (i) any payment of principal on any Loan when due or (ii) payment on any Letter of any Reimbursement Obligation Credit Borrowing within one (1) Business Day after such amount becomes due; (b) The Borrower shall fail to pay any interest on any Loan or any Reimbursement Obligation Letter of Credit Borrowing within three (3) Business Days after such interest becomes due in accordance with the terms hereof; or (c) The Borrower shall fail to pay any other amount owing hereunder (specifically excluding amounts that principal, Letter of Credit Borrowings and interest, which are addressed in subparagraphs (a) and (b) above) or under the other Loan Documents within three (3) Business Days after the time period specified herein or therein and, if no time period is specified, then within ten (10) Business Days after a demand or notice has been provided to the Borrower requesting payment of such amount;

Payments Under Loan Documents. (a) The Borrower shall fail to make (i) any payment of principal on any Loan when due or (ii) payment of any Reimbursement Obligation within one (1) Business Day after such amount becomes due; (b) The Borrower shall fail to pay any interest on any Loan or any Reimbursement Obligation within three (3) Business Days after such interest becomes due in accordance with the terms hereof; or (c) The Borrower shall fail to pay any other amount owing hereunder (specifically excluding amounts that are addressed in subparagraphs (a) and (b) above) or under the other Loan Documents within three (3) Business Days after the time period specified herein or therein and, if no time period is specified, then within ten (10) Business Days after a demand or notice has been provided to the Borrower requesting payment of such amount;

Payments Under Loan Documents. (ai) The Borrower shall fail to make (i) any scheduled payment of principal on any Loan when due or (ii) payment on any Letter of any Reimbursement Obligation Credit Borrowing within one (1) Business Day after such amount becomes due;; or (bii) The Borrower shall fail to pay any interest on any Loan or any Reimbursement Obligation Letter of Credit Borrowing within three (3) Business Days days after such interest becomes due in accordance with the terms hereof; or (ciii) The Borrower shall fail to pay any other amount owing hereunder (specifically excluding amounts that principal, Letter of Credit Borrowings and interest, which are addressed in subparagraphs (ai) and (bii) above) or under the other Loan Documents within three (3) Business Days after the time period specified herein or therein and, if no time period is specified, then within ten three (103) Business Days days after a demand or notice has been provided to the Borrower requesting payment of such amount;