Default in Payment of Principal. The Borrower shall fail to pay when due (whether upon demand, at maturity, by reason of acceleration or otherwise) the principal of any of the Loans, or any Reimbursement Obligation.
Default in Payment of Principal. The Borrower shall fail to pay when due (whether upon demand, at maturity, by reason of acceleration or otherwise) the principal of any of the Loans and such failure shall continue for a period of five days.
Default in Payment of Principal. The Company shall default in any payment when and as due (whether at maturity, by reason of acceleration or otherwise) of principal on the Notes.