Failure to Pay Principal or Interest. The Borrower fails to pay the principal here of or interest thereon when due on this Note, whether at maturity, upon acceleration or otherwise.
Failure to Pay. Borrower shall fail to pay when due any principal, interest or other payment required under the terms of this Agreement or any other Transaction Document on the date due and such payment shall not have been made within three (3) Business Days of the due date; or
The failure to pay the principal and accrued interest thereon on the Maturity Date; or
the failure of the Borrower to pay the principal and any accrued interest when due;
Principal. The entire unpaid principal balance of this Note shall be payable on the earlier of: # , and # the date on which Maker consummates an initial public offering of its securities (such earlier date, the “Maturity Date”). The principal balance may be prepaid at any time by Maker, at its election and without penalty. Under no circumstances shall any individual, including but not limited to any officer, director, employee or stockholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Failure to Pay. Borrower shall fail to pay when due any principal, interest, fees or other amounts payable under any of the Loan Documents (including, without limitation, any Mandatory Over-Advance Prepayment).
Failure to Pay an Amortization Payment. The Borrower fails to pay an Amortization Payment (as defined in this Note) when due as provided in [Section 4.17] of this Note.
the failure to pay the principal or interest due under this Note within ten days after the day on which any such payment is due;
waive any Event of Default based on a failure to pay principal, interest or fees due hereunder (as referenced in [Section 8.01(a)]) without the written consent of each Lender;
Automatic Debits of Principal, Interest, Fees With respect to any principal, any interest, the Facility Fee, any arrangement fee, any letter of credit fee or any other fee, or any other cost or expense (including Attorney Costs) due and payable to the Administrative Agent, , the Swing Line Lender, the L/C Issuer or any Arranger under the Loan Documents, the Borrowers hereby irrevocably authorize to debit any deposit account of any Borrower with in an amount such that the aggregate amount debited from all such deposit accounts does not exceed such principal, interest, fee or other cost or expense. If there are insufficient funds in such deposit accounts to cover the amount of the fee or other cost or expense then due, such debits will be reversed (in whole or in part, in ’s sole discretion) and such amount not debited shall be deemed to be unpaid. No such debit under this Section shall be deemed a set-off.
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