Failure to Pay Interest. The Borrower fails to pay or cause to be paid any part of the Exchange Note Interest Payment Amount, as specified in the Exchange Note Supplement, when due, and such failure continues for five (5) Business Days after the due date or such other length of time as specified in the Exchange Note Supplement;
Failure to Pay Interest. The Borrower fails to pay or cause to be paid any part of the Lending Facility Interest Payment Amount when due, and such failure continues for five (5) Business Days after the due date; or
Failure to Pay Interest. The Company defaults in the payment of interest when any such interest payment becomes due and payable and the default continues for a period of 30 calendar days;
Failure to Pay Interest. If Tenant at any time shall fail to pay any taxes, assessments or liens, provide insurance or perform any act required by this Lease to be made or performed by it, or fail to pay any charge payable by Tenant or to timely discharge any other monetary obligation of Tenant required by this Lease, Landlord, without waiving or releasing Tenant from any obligation or default under this Lease, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of Tenant. All sums so paid by Landlord and all costs and expenses so incurred shall accrue interest at the Default Rate from the date of payment or incurring thereof by Landlord and shall constitute Additional Rent payable by Tenant under this Lease and shall be paid by Tenant to Landlord upon demand. Notwithstanding anything to the contrary contained herein, if Tenant fails to contest any invoice or other written demand for payment of Rent or any other sums due within the time frames specified in the Lease for payment, then Tenant shall have no rights to contest such invoice or xxxx thereafter.
Failure to Pay Interest. The Borrower shall fail to pay any interest on any Loan, any fee under any Loan Document or any other Obligation (other than those subject to Section 9.1(a) (Events of Default)) and such non-payment continues for a period of five (5) Business Days after the due date therefor; or
Failure to Pay Interest. If the Borrower defaults in the due and punctual payment of any Loan Indebtedness (other than any Outstandings) as and when the same becomes due and payable hereunder, and such default continues for a period
Failure to Pay Interest. The Borrower fails to pay any interest or other sum (other than principal) due and payable under this or any other Note when due and payable, and such failure continues for five (5) business days.
Failure to Pay Interest. If the Borrower shall fail to pay any interest on any of the Liabilities, including, without limitation, the Note and the Loan within fifteen (15) days of when due and payable; or
Failure to Pay Interest. Lender shall fail to receive on or before any Monthly Payment Date the accrued and unpaid interest when due; provided, however, that if Underlying Mortgagor fails to make the corresponding payment of any interest owing in respect of the Underlying Loan, then it shall not be an Event of Default if Borrower makes the applicable interest payment within one (1) Business Day of the date when due; provided, further, that such event shall not constitute an Event of Default if sufficient funds are on deposit in the Collection Account and, through no fault of Borrower, such funds are not applied in respect of such accrued and unpaid interest, provided Borrower remits (or directs Account Bank to remit) such funds on deposit to Lender within one (1) Business Day of the date when due.
Failure to Pay Interest. Any amounts not received by Service Provider within the applicable Payment Period shall be subject to a late payment fee computed daily at a rate equal to the prime lending rate as quoted in the Wall Street Journal on the last Business Day of the month of such overdue invoice per annum plus two-hundred (200) basis points from the due date of such amount to the date such amount is paid in full. Seller agrees to pay, or cause one of the Service Recipients to pay, Service Provider’s reasonable attorneys’ fees and other costs incurred in collection of any amounts owed to Service Provider hereunder and not paid when due. Notwithstanding anything to the contrary contained herein, in the event Purchaser or such Service Recipient fails to make a payment of any amount when due hereunder, and such failure continues for a period of sixty (60) days following delivery of notice to Purchaser or such Service Recipient in receipt of the applicable Service of such failure, Service Provider shall have the right to suspend provision of all Services to Service Recipients until such overdue payment (and any applicable late payment fee accrued with respect thereto) is paid in full. Such right of Service Provider shall not in any manner limit or prejudice any of Service Provider’s other rights or remedies as provided in this Agreement.
