Common use of Failure to Pay Interest Clause in Contracts

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;

Appears in 5 contracts

Samples: Convertible Notes Purchase Agreement (Ctrip Com International LTD), Indenture (MakeMyTrip LTD), Convertible Note Purchase Agreement (Priceline Group Inc.)

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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 thirty (30) days;

Appears in 2 contracts

Samples: Subscription Agreement (SouFun Holdings LTD), Subscription Agreement (SouFun Holdings LTD)

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;; EXHIBIT A

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (NQ Mobile Inc.)

Failure to Pay Interest. The Company defaults in the payment of interest or Additional Amounts, if any, when any such interest payment becomes due and payable and the default continues for a period of 30 calendar days;

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Ctrip Com International LTD)

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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;.

Appears in 1 contract

Samples: Convertible Note (Global Seed Corp)

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