FAILURE TO MAKE OTHER PAYMENTS Sample Clauses
The "Failure to Make Other Payments" clause defines the consequences and procedures that apply when a party fails to make payments other than the primary contractual payments, such as taxes, fees, or third-party charges. Typically, this clause outlines the obligations of the responsible party to promptly cure any missed payments and may specify remedies available to the non-breaching party, such as the right to pay on behalf of the defaulting party and seek reimbursement. Its core function is to ensure that all ancillary financial obligations are met, thereby preventing disruptions or additional liabilities that could arise from unpaid secondary payments.
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower to pay when due (or upon demand, if payable on demand) any payment Liability other than under the Revolving Credit.
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower to pay when due (or upon demand, if payable on demand) any payment Liability within three (3) days of the date when due other than the principal amount under the Revolving Credit.
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower to pay when due (or upon demand, if payable on demand) any payment Obligation other than any payment Obligation on account of the principal of, or interest on, or fees in respect of, the Loan, and the specific grace period, if any, allowed for the default in question in Section 10.2 or elsewhere in this Agreement shall have expired without such default having been cured.
FAILURE TO MAKE OTHER PAYMENTS. The failure by any Loan Party to pay when due (or upon demand, if payable on demand) any payment Liability other than any payment liability on account of the principal of, or interest on, or fees in respect of, the Revolving Credit.
FAILURE TO MAKE OTHER PAYMENTS. The failure by any Loan Party to pay within five (5) Business Days when due (or upon demand, if payable on demand) any payment Liability other than any payment liability on account of the principal of, or interest on, or fees in respect of, the Credit Facilities.
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower to pay when due (or upon demand, if payable on demand) any payment Liability other than any payment liability on account of the principal of, or interest on, or fees in respect of, the Revolving Credit, and such failure continues without cure for a period of Five (5) days.
FAILURE TO MAKE OTHER PAYMENTS. Borrower fails to perform any other obligation for the payment of money (other than payments described in subparagraph (a) above) under any Loan Document within ten (10) days after County gives Borrower written notice that such obligation was not performed or paid for;
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrowers to pay when due any other Liabilities within three (3) Business Days of when due.
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrowers to pay when due (or upon demand, if payable on demand) any payment Liability other than under the Working Capital Loans.
FAILURE TO MAKE OTHER PAYMENTS. The failure by the Borrower to pay within Five (5) Business Days after the date when due (or upon demand, if payable on demand) any payment Liability other than those set forth in Section 10-1 hereof.