Common use of Failure to Make Payments When Due Clause in Contracts

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (or any fee or other amount payable under any Loan Documents) within five (5) days after the date such interest, fee or other amount first became due.

Appears in 14 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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Failure to Make Payments When Due. Borrower Borrowers shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (or any fee or other amount payable under the Fee Letter or any Loan Documents) within five (5) days after the date such interest, fee or other amount first became due.

Appears in 4 contracts

Samples: And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.), And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (or any fee or other amount payable under the Fee Letter or any Loan Documents) within five (5) days after the date such interest, fee or other amount first became due.

Appears in 4 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (any Advance, or any fee or other amount payable under any Loan Documents) Documents within five three (53) days after the date such interest, fee or other amount first became same becomes due.

Appears in 3 contracts

Samples: Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Limited Partnership)

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (Loan, or any fee or other amount payable under any Loan Documents) Documents within five three (53) days after the date such interest, fee or other amount first became same becomes due.

Appears in 2 contracts

Samples: Term Loan Agreement (Arden Realty Limited Partnership), Term Loan Agreement (Arden Realty Limited Partnership)

Failure to Make Payments When Due. The Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (any Loan, or any fee or other amount payable under any Loan Documents) within five (5) days after the date such interest, fee or other amount first became when due.

Appears in 1 contract

Samples: Credit Agreement (Uni Invest Usa LTD)

Failure to Make Payments When Due. Borrower shall fail to pay (i1) any amount due on the Maturity Date, Termination Date under the Loan Documents; (ii2) any principal when due, or ; (iii3) any interest on any Loan within 15 days after the Loan same becomes due; or (or 4) any fee or other amount payable under any Loan Documents) Documents within five (5) 15 days after written notice from Agent that the date such interest, fee or other amount first became same has become due.

Appears in 1 contract

Samples: Credit Agreement (Paragon Group Inc)

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (or any fee or other amount payable under the Fee Letter or any Loan Documents) within five (5) days after the date such interest, fee or other amount first became due., provided that such limited 5-day cure period shall only be available to Borrower two times per calendar year; or

Appears in 1 contract

Samples: Loan Agreement (Hudson Pacific Properties, Inc.)

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Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (any Loan, or any fee or other amount payable under any Loan Documents) , within five (5) days after the date such interest, fee or other amount first became same becomes due.

Appears in 1 contract

Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (any Advance, or any fee or other amount payable under any Loan Documents) , within five three (53) days after the date such interest, fee or other amount first became same becomes due.

Appears in 1 contract

Samples: Credit Agreement (Arden Realty Inc)

Failure to Make Payments When Due. The Borrower shall fail to pay (i) any amount due on owing under the Maturity Date, (ii) any Notes with respect to principal when due, of or (iii) any interest on the Loan (or any fee or other amount payable under any Loan Documents) Loans within five (5) days after the date of when such interestamount is due, fee whether at stated maturity, by acceleration or other amount first became due.otherwise; or

Appears in 1 contract

Samples: Credit Agreement (Nexthealth Inc)

Failure to Make Payments When Due. Borrower shall fail to pay (i) any amount due on the Maturity Date, (ii) any principal when due, or (iii) any interest on the Loan (any Advance, or any fee or other amount payable under any Loan Documents) Documents within five three (53) days after the date such interest, fee or other amount first became same becomes due.. (b)

Appears in 1 contract

Samples: _______________________________________________________________ Revolving Credit Agreement (Arden Realty Inc)

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