Default in Payment of Obligations Sample Clauses

Default in Payment of Obligations. Borrowers fail to make a payment of any principal or interest when due on any Obligations, including the Expenses.
AutoNDA by SimpleDocs
Default in Payment of Obligations. The Borrower shall fail to make payment of any part of the principal of or interest upon any Note, any Reimbursement Obligation or Letter of Credit or any deposit of cash for collateral purposes pursuant to SUBDIVISION 2(e)(3) or 2(e)(5), or any fees or other payments owing pursuant to PARAGRAPH 2 when due and payable, whether at stated maturity or by acceleration, or otherwise; or
Default in Payment of Obligations. Any Obligor fails to make a payment of any principal or interest within 5 days of when and as due (whether by demand or otherwise) on any Note, or any other Obligations.
Default in Payment of Obligations. Borrowers fail to make a payment of any principal or interest when due on any Obligations, including the Expenses. Unless Lender advises Borrowers to the contrary in writing, interest will be due on the first day of each month.
Default in Payment of Obligations. The Borrower fails to make a payment of any principal or interest when and as due on any note or any other Obligations, including the Expenses.
Default in Payment of Obligations. Borrowers fail to make a payment of any principal or interest when due on any Obligations, including the Expenses, and shall fail to fully cure such default within ten (10) days of the due date thereof. .
Default in Payment of Obligations. Any Borrower shall default in the payment when due of the Reimbursement Obligations or of any principal of or interest on the Loans or any other amount payable by it under this Agreement, the Notes or any of the other Loan Documents and such Default shall continue without having been remedied for a period of fifteen (15) days.
AutoNDA by SimpleDocs
Default in Payment of Obligations. Unless Lender, in its discretion, elects to charge the Revolving Loans as provided in Section 3.9 above, any Borrower fails to make a payment of any principal or interest when and as due on any Note or any other Obligations, including the Expenses.
Default in Payment of Obligations. Any failure to pay the entire amount then due (after a grace period, without notice, of TEN (10) DAYS) of any Obligation of the Debtor to Lender.
Default in Payment of Obligations. Borrowers fail to pay any Obligations within five (5) days of the date due.
Time is Money Join Law Insider Premium to draft better contracts faster.