Common use of Principal and Interest Payments Clause in Contracts

Principal and Interest Payments. Borrower fails to pay any amount due hereunder, under the Note (including without limitation principal and interest payments) or any other Loan Document within ten (10) days of the applicable due date; provided, however, no grace period shall be permitted for the final payment of principal and interest due on any applicable maturity date; or

Appears in 3 contracts

Samples: Revolving Credit Loan Agreement (Cumberland Pharmaceuticals Inc), Revolving Credit Loan Agreement (Cumberland Pharmaceuticals Inc), Revolving Credit Loan Agreement (Cumberland Pharmaceuticals Inc)

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Principal and Interest Payments. Borrower fails to pay any amount due hereunder, under the Note (including without limitation principal and interest payments) or any other Loan Document within ten (10) days of the applicable due date; provided, however, no grace period shall be permitted for the final payment of principal and interest due on any applicable maturity date; oror (b)

Appears in 2 contracts

Samples: Loan Agreement, Credit Loan Agreement

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Principal and Interest Payments. Borrower fails to pay any amount due hereunder, under the Revolving Note (including without limitation principal and interest payments) or any other Loan Document within ten (10) days of the applicable due date; provided, however, no grace period shall be permitted for the final payment of principal and interest due on any applicable maturity date; or

Appears in 1 contract

Samples: Loan Agreement (Healthstream Inc)

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