Failure to Make Required Payments Sample Clauses

Failure to Make Required Payments. Failure by Maker to pay the principal of this Note within five (5) business days following the date when due.
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Failure to Make Required Payments. Failure by Maker to pay the principal amount due pursuant to this Note within five (5) business days of the Maturity Date.
Failure to Make Required Payments. In the event that any Person obligated to make a payment to any other Person pursuant to this subsection 2.10 fails to make available to the Person entitled to receive such payment the amount of such payment, the Person entitled to receive such payment shall be entitled to recover such amount on demand from such other Person, together with interest at the customary rate set by Administrative Agent for the correction of errors among Lenders for three Business Days and thereafter at the sum of the Base Rate plus 1.50% per annum.
Failure to Make Required Payments. Failure by Maker to pay the principal amount due pursuant to this Note within five (5) business days of the date specified above or issue warrants pursuant to Section 15 hereof, if so elected by Payee.
Failure to Make Required Payments. Failure to make any payment of the principal or interest on or other payments owing in respect of this Note, free of any claim of subordination, within five (5) Business Days following the date when due; or
Failure to Make Required Payments. Failure by Borrower to pay the principal and accrued interest of the Loan within five (5) business days following the date when due.
Failure to Make Required Payments. Failure by Maker to (i) issue Conversion Securities pursuant to Section 2 hereof, if so elected by the Payee or (ii) pay the principal of this Note when due (whether at maturity, because of a mandatory prepayment provision or acceleration or otherwise) or (iii) to pay any other amount due under this Note within five (5) business days following the due date thereof.”
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Failure to Make Required Payments. Failure by the Borrower to pay the principal amount due pursuant to this Agreement within five Business Days of the date specified in the Lender’s demand.
Failure to Make Required Payments. Failure by the Maker to (i) issue warrants pursuant to Section 7 hereof, if so elected by the Payee, or (ii) pay the Outstanding Amount due pursuant to this Note on the Maturity Date;
Failure to Make Required Payments. Failure to make payments required by Section 6.1 shall cause Participant's Plan Agreement to terminate without the necessity of any notice from either party to the other. From and after such termination, except as provided in Section 4.1 hereof, neither party shall have any further obligation to the other party under this Plan or such Plan Agreement.
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