Common use of Failure to Make Payments Clause in Contracts

Failure to Make Payments. Borrowers shall fail to pay, in accordance with the terms of this Agreement, (i) any principal with respect to any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8, (ii) any interest on any Loan within five (5) days after the date that such sum is due, or (iii) any other fee, cost, charge or other sum, due under this Agreement, within ten (10) days after the date that Lender notifies Borrowers that such sum is due.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

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Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, (ia) any principal with respect to on any Loan Loan, or any Reimbursement Obligation, on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (iib) any interest on any Loan or on any Reimbursement Obligation or any scheduled fee, cost, charge or sum due hereunder or under the other Credit Documents, within five (5) three days after the date that such sum is due, or (iiic) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement within ten (10) five days after the date that Lender notifies Borrowers written notice that such sum is duedue and has not been paid.

Appears in 2 contracts

Samples: Subordination Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, (i) any principal with respect to on any of the Loan Facility on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (ii) any interest on any of the Loan Facility within five (5) days after the date that such sum is due, or (iii) any other fee, cost, charge or other sum, sum due under this Agreement, the Credit Documents within ten (10) days after the date that Lender notifies Borrowers on which written notice is given to Borrower pursuant to the provisions of Section 10.1 that such sum is due.

Appears in 2 contracts

Samples: Credit Agreement (GST Telecommunications Inc), Credit Agreement (GST Telecommunications Inc)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, (ia) any principal with respect to on any Loan Loan, or any Reimbursement Obligation, on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (iib) any interest on any Loan or on any Reimbursement Obligation or any scheduled fee, cost, charge or sum due hereunder or under the other Credit Documents, within five (5) three days after the date that such sum is due, or (iiic) any other fee, cost, 103 charge or other sum, sum due under this Agreement, Agreement within ten (10) five days after the date that Lender notifies Borrowers written notice that such sum is duedue and has not been paid.

Appears in 1 contract

Samples: Security Agreement (Calpine Corp)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, Agreement (ia) any principal with respect to on any Loan on the date that such sum is due or (including, but not limited to, any payments required under Section 2.4 or Section 2.8, (iib) any interest on any Loan or any other amount payable hereinafter within five (5) [***] days after the date that such sum is due, or (iii) any other fee, cost, charge or other sum, due under this Agreement, within ten (10) days after the date that Lender notifies Borrowers that such sum is due.

Appears in 1 contract

Samples: Lender Agreement (Bloom Energy Corp)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, (i) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (ii) any interest on any such Loan within five 5 days from the date that such is due, or (5iii) any advance fee or other cost owing to Lender under the Loan Documents within 15 days after the date that such sum is due, or (iii) any other fee, cost, charge or other sum, due under this Agreement, within ten (10) days after the date that Lender notifies Borrowers that such sum is due.

Appears in 1 contract

Samples: Credit Agreement (Siouxland Ethanol, LLC)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, Agreement (i) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (ii) any interest on any Loan within five (5) days after the date such sum is due, (iii) any scheduled fee, cost, charge or sum due hereunder or under any other Credit Documents within five days of the date that such sum is due, or (iiiiv) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement or the other Credit Documents within ten (10) 10 days after the date that Lender notifies Borrowers written notice that such sum is due.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, (ia) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (iib) any interest on any Loan or any scheduled fee, cost, charge or sum due hereunder or under the other Credit Documents, within five (5) three days after the date that such sum is due, or (iiic) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement within ten (10) five days after the date that Lender notifies Borrowers written notice that such sum is duedue and has not been paid.

Appears in 1 contract

Samples: Credit Agreement (NRG Energy Inc)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, (ia) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (iib) any interest on any Loan or any scheduled fee, cost, charge or sum due hereunder or under the other Credit Documents, within five three (53) days after the date that such sum is due, or (iiic) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement within ten five (105) days after the date that Lender notifies Borrowers written notice that such sum is duedue and has not been paid.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

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Failure to Make Payments. Borrowers (a) Borrower shall fail to pay, in accordance with the terms of this Agreement, (i) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 due; or Section 2.8, (ii) any amount in respect of interest on any Loan within five three (53) days after the date that such sum is due, ; or (iii) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement or any other Financing Document within ten (10) days after the date that Lender notifies Borrowers that such sum is due.

Appears in 1 contract

Samples: Financing Agreement (Us Geothermal Inc)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, Agreement (i) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (ii) any interest on any Loan within five (5) days after the date such sum is due, (iii) any scheduled fee, cost, charge or sum due hereunder or under any other Credit Documents within five days of the date that such sum is due, or (iiiiv) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement or the other Credit Documents within ten (10) 30 days after the date that Lender notifies Borrowers written notice to Borrower that such sum is due.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, Agreement (ia) any principal with respect to on any Term Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (iib) any interest on any Term Loan within five (5) days after the date such sum is due, (c) any scheduled fee, cost, charge or sum due hereunder or under any other Credit Documents within five days of the date that such sum is due, or (iiid) any other fee, cost, charge or other sum, sum due under this Agreement, Agreement or the other Credit Documents within ten (10) 30 days after the date that Lender notifies Borrowers written notice that such sum is due.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreementthe relevant Financing Document, (i) any principal with respect to on any of the Loan Facilities (including any mandatory prepayments payable hereunder) on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8due, (ii) any interest or fee on any of the Loan Facilities within five (5) days after the date that such sum is due, due or (iii) any other fee, cost, charge or other sum, sum due under this Agreement, such Financing Document within ten (10) days after the date that Lender notifies Borrowers Borrower receives written notice that such sum is due.

Appears in 1 contract

Samples: Credit Agreement (AppHarvest, Inc.)

Failure to Make Payments. Borrowers Borrower shall fail to pay, in accordance with the terms of this Agreement, Agreement (ia) any principal with respect to on any Loan on the date that such sum is due (including, but not limited to, any payments required under Section 2.4 or Section 2.8Loan, (iib) any interest on any Loan within five (5) three days after the date such sum is due, (c) any scheduled fee, cost, charge or sum due hereunder or under any Credit Document within three days of the date that such sum is due, or (iiid) any other fee, cost, charge or other sum, amount due under this Agreementfor Mandatory Prepayment, within ten (10) three days after of the date that Lender notifies Borrowers that such sum payment is due.

Appears in 1 contract

Samples: Credit Agreement (First Wind Holdings Inc.)

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