Interest or Principal. Failure by the Borrowers to pay # when due and payable, all or any portion of the principal of Obligations (other than with respect to Bank Product Obligations) owing to Agent or any Lender under this Agreement and the other Loan Documents or # within three (3) Business Days after the same shall become due and payable, all or any portion of any other Obligations;
Non Payment. Any Borrower or any other Loan Party fails to pay # when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or # within three (3) days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or # within five (5) days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or
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;
Non-Payment. The Borrower fails to pay # when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or # within three days after the same becomes due, any interest on any Loan, or on any L/C Obligation, or any facility, utilization or other fee due hereunder, or # within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or
Non-Payment. Any Borrower or any other Loan Party fails to pay # when and as required to be paid herein, and in the currency required hereunder, any amount of principal of any Loan or any L/C Obligation, or # within three Business Days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or any other amount payable hereunder or under any other Loan Document; or
Any Borrower or any other Credit Party fails to pay # when and as required to be paid herein and in the currency required hereunder, any amount of principal of any Loan or any L/C Obligation, or # within three Business Days after the same becomes due, any interest on any Loan or on any L/C Obligation, any fee due hereunder or other amount payable hereunder or under any other Credit Document; or
Any Borrower fails to pay # any principal on any Loan when due (whether at stated maturity, on demand, upon acceleration or otherwise) or # any interest, fees or any other Obligations when due (whether at stated maturity, on demand, upon acceleration or otherwise) and, in the case of this clause (ii), such failure continues for three (3) Business Days;
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.