Example ContractsClausesmedium of paymentVariants
Medium of Payment
Medium of Payment contract clause examples

Payment. The Borrower shall fail to pay # any principal of the Term Loans when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise, or # any interest on the Term Loans or any fee or any other amount (other than an amount referred to in [clause (1) of this Section 9.1(a)]) payable under this Agreement or under any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of five Business Days; or

Payment. The Borrower shall fail to pay # any principal of any Loan when the same becomes due and payable, including any mandatory prepayment required by Section 2.06, or # any interest on the Loans, any fees, reimbursements, indemnifications, or other amounts payable under this Agreement or any other Loan Document within three (3) days after the same becomes due and payable;

the Borrower shall # fail to pay when due any principal of any Loan (whether at stated maturity or at optional prepayment); or # default in the payment of any interest on any Loan, any fee or any other amount payable by it hereunder when due and such default shall have continued unremedied for five days;

Borrower shall fail to pay # when and as required to be paid herein, any amount of principal of any Loan, or # within three (3) days after the same becomes due, any interest on any Loan or any commitment or other fee due hereunder, or # within five (5) Business Days after the same becomes due, any other amount payable hereunder or under any other Loan Document;

the Borrower shall fail to pay any interest on any Loan or any fee or any other amount (other than an amount payable under subsection # of this Section or an amount related to a Bank Product Obligation) payable under this Agreement or any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of five (5) Business Days; or

Non-Payment. Any Borrower Party or any other Loan Party fails to pay # when and as required to be paid herein, any amount of principal of any Loan at maturity, or # within five (5) Business Days after the same becomes due, any interest on any Loan or any fee due hereunder, or # within ten (10) Business Days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

the Borrower shall fail to pay any interest on any Loan or any fee or any other amount (other than an amount payable under subsection # of this Section or an amount related to a Bank Product Obligation) payable under this Agreement or any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days; or

the Borrower shall fail to pay any interest on any Loan or any fee or any other amount (other than an amount referred to in Section 7.01(a)) payable by the Borrower under this Agreement or under any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of five Business Days;

the Borrower shall fail to pay # any interest on any Loan or # any fee or any other amount (other than an amount referred to in clause (a) of this Article), in each case payable under this Agreement or any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of # in the case of clause (i), five Business Days and # in the case of clause (ii), five Business Days after notice thereof from the Administrative Agent to the Borrower;

(i) Any Borrower shall fail to pay any principal of any Loan when the same becomes due and payable; or # any Borrower shall fail to pay any interest on any Loan, or any other payment under any Loan Document, for a period of five Business Days after the same becomes due and payable (for the avoidance of doubt, to the extent that the [[Person A:Person]], an Issuing Bank or a Swing Loan Bank customarily bills the Company for fees or other amounts payable under any Loan Document, said five Business Day period will not begin any earlier than the date that the applicable bill has been provided to the Company); or

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