Example ContractsClausesseverability of interest, primary and non contributoryVariants
Severability of Interest, Primary and Non-Contributory
Severability of Interest, Primary and Non-Contributory contract clause examples
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Non-Payment of Interest. Borrower shall fail to pay any interest on any Loan within five (5) days after the Interest Payment Date.

Non-Payment. The Borrower fails to pay # when and as required to be paid herein, any amount of principal of any Loan or # within five (5) Business Days after the same becomes due, any interest on any Loan or any other amount payable hereunder or with respect to 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 referred to in [Section 7.01(a)]) payable under any of the Loan Documents, 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) 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 or more Business Days;

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