Default in Payment. The Borrowers shall default in any payment of principal of or interest on any Loan or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 12 contracts
Samples: Loan and Security Agreement (Ridgeview Inc), Loan and Security Agreement (Tultex Corp), Credit and Security Agreement (Mastec Inc)
Default in Payment. The Borrowers Borrower shall default in any payment of principal of or interest on any Loan or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 3 contracts
Samples: Loan and Security Agreement (Ithaca Industries Inc), Loan and Security Agreement (Meadowcraft Inc), Loan and Security Agreement (Standard Commercial Corp)
Default in Payment. The Borrowers Any Borrower shall default in any payment of principal of or interest on any Loan or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 3 contracts
Samples: Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/)
Default in Payment. The Borrowers Borrower shall default in any payment of principal of or interest on any Loan or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 3 contracts
Samples: Credit Agreement, Security Agreement (Benefitfocus,Inc.), Security Agreement (Benefitfocus,Inc.)
Default in Payment. The Borrowers Borrower shall default in any payment of principal of or interest on any Loan or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 2 contracts
Samples: Loan and Security Agreement (Gni Group Inc /De/), Loan and Security Agreement (Compusa Inc)
Default in Payment. The Borrowers Any Borrower shall default in any payment of principal of or interest on any Loan Revolving Credit Loans or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 2 contracts
Samples: Loan and Security Agreement (Tropical Sportswear International Corp), And Security Agreement (Tropical Sportswear International Corp)
Default in Payment. The Borrowers Borrower shall default in any payment of principal of or interest on any Loan Loan, any or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 2 contracts
Samples: Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Texfi Industries Inc)
Default in Payment. The Borrowers shall default in any payment the payment, as and when due, of principal of or interest on any Loan or any Note when and as due Secured Obligations (whether at maturity, by reason of acceleration or otherwise).
Appears in 1 contract
Samples: Loan and Security Agreement (Collins Industries Inc)
Default in Payment. The Borrowers Borrower shall default in any payment of principal of or interest on any Loan or any Note or of any Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 1 contract
Default in Payment. The Borrowers shall default in any payment the payment, as and when due, of principal of or interest on any Loan or Secured Obligations (other than any Note when and as due Secured Obligations described in clause (e) of the definition thereof) (whether at maturity, by reason of acceleration or otherwise).
Appears in 1 contract
Samples: Loan and Security Agreement (Collins Industries Inc)
Default in Payment. The Borrowers Borrower shall default in any payment of principal of or interest on any Loan Revolving Credit Loans or any Note when and as due (whether at maturity, by reason of acceleration or otherwise).
Appears in 1 contract
Samples: Loan and Security Agreement (Loehmanns Holdings Inc)
