Failure to Pay Monies Due Sample Clauses

Failure to Pay Monies Due. If any indebtedness of the Borrower to Standard Federal on the Term Loan is not paid when due, regardless of whether such indebtedness has arisen pursuant to the terms of the Note, this Agreement or any mortgage, security agreement, guaranty, instrument or other agreement executed in conjunction herewith.
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Failure to Pay Monies Due. If any principal of or interest on any of the Indebtedness shall not be paid within one Business Day after becoming due.
Failure to Pay Monies Due. If the Borrower shall fail to pay, when due, any principal or interest under any Note or other Indebtedness when due or shall default in an obligation described in Section 5.1 or 5.2 hereof and such failure or default shall continue for a period in excess of three (3) Business Days after notice by Bank to Borrower thereof.
Failure to Pay Monies Due. If any principal of or interest on the Note, any fees under Section 2.7 of this Agreement or any other Indebtedness shall not be paid when due.
Failure to Pay Monies Due. If the Borrower shall fail to pay, when due, any principal or interest or other sums due under the Revolving Credit Note or this Agreement or any taxes, insurance or other amount payable by the Borrower under this Agreement or if the Borrower or any of its Subsidiaries shall fail to pay, when due, any indebtedness, obligation or liability whatsoever of the Borrower or any of its Subsidiaries to the Bank.
Failure to Pay Monies Due. If the Borrowers shall fail to pay, when due, any principal or interest under the Revolving Credit Note or any other Obligations owed under this Agreement or if any Borrower or Subsidiary shall fail to pay, when due, any other indebtedness, obligation or liability whatsoever to the Bank, and in the case of (a) any failure to pay interest under the Revolving Credit Note when due, such failure shall not be cured within five (5) days (there is no grace period for any payments due other than interest payments).
Failure to Pay Monies Due. If any principal of or interest on any of the Senior Indebtedness shall not be paid within one Business Day after becoming due.
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Failure to Pay Monies Due. If a Borrower shall fail to pay, when due, (a) any principal, interest, or fee under any Note or this Agreement and ten (10) days shall pass after the due date therefor without cure, or (b) any Letter of Credit Obligation to be paid hereunder or under any Letter of Credit Agreement in accordance with the terms hereof and thereof and ten (10) days shall pass after the due date without cure.
Failure to Pay Monies Due. If any principal of any Note shall not be paid when due, whether by acceleration or otherwise, or, if any accrued interest, any fees under SECTION 2.6 of this Agreement or any other Indebtedness (exclusive of principal of any Note) shall not be paid when due, whether by acceleration or otherwise.
Failure to Pay Monies Due. If the Borrower shall fail to pay within five (5) days of when due, any principal or interest under any Note or any taxes, insurance or other amount payable by the Borrower under this Agreement or if the Borrower or any of its Subsidiaries shall fail to pay, when due, any Indebtedness of the Borrower or any indebtedness,
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