Default in Payment of Principal of Term Loans. The Borrower shall default in any payment of principal of any Term Loan when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 4 contracts
Sources: Term Loan Credit Agreement (Beacon Roofing Supply Inc), Term Loan Credit Agreement (Beacon Roofing Supply Inc), Term Loan Credit Agreement (Beacon Roofing Supply Inc)
Default in Payment of Principal of Term Loans. The Borrower shall default in any payment of principal of any Term Loan or Term Note when and as due (whether at maturity, by reason of acceleration or otherwise), and such default shall continue unremedied for two (2) Business Days.
Appears in 3 contracts
Sources: Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp), Loan Agreement (Medcath Corp)
Default in Payment of Principal of Term Loans. The Borrower shall default in any payment of principal of due under the Term Loan or any Term Loan Note as and when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 1 contract
Sources: Term Loan Agreement (WLR Foods Inc)
Default in Payment of Principal of Term Loans. The Borrower shall default in any the payment when due of the principal of (or premium, if any, on) any Term Loan when due and as due payable (whether at maturityon the applicable Term Loan Maturity Date or upon prepayment, by reason of acceleration acceleration, optional prepayment or otherwise).
Appears in 1 contract