Common use of Failure to Pay Principal Clause in Contracts

Failure to Pay Principal. Borrower shall fail to pay any principal when and as it becomes due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

Appears in 2 contracts

Samples: Credit Agreement (Infinity Core Alternative Fund), Credit Agreement (BlackRock Hedge Fund Guided Portfolio Solution)

AutoNDA by SimpleDocs

Failure to Pay Principal. Borrower The Borrowers shall fail to pay make any payment of the principal of any Loan on the date when and as it becomes the same shall become due and payable, whether at the due date thereof stated maturity or at a date fixed for any installment or prepayment thereof or otherwise;; or the Borrowers shall fail to make any reimbursement of any Drawing under a Letter of Credit or shall fail to deposit any amount into the cash collateral account, in either case, at the times and in the amounts specified in Article 1A above.

Appears in 1 contract

Samples: Credit Agreement (Genesis Eldercare Acquisition Corp)

Failure to Pay Principal. Borrower If the Borrowers shall fail to pay make any payment of the principal of any Loan on the date when and as it becomes the same shall become due and payable, whether at the due date thereof stated maturity or at a date fixed for any installment or prepayment thereof or otherwise;; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Weis Markets Inc)

Failure to Pay Principal. the Borrower shall fail to pay any principal of the Loan when and as it becomes the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

Appears in 1 contract

Samples: Transfer Agreement (Blackstone Alternative Alpha Master Fund)

Failure to Pay Principal. The Borrower shall fail to pay make any payment of the principal of any Loan on the date when and as it becomes the same shall become due and payable, whether at the due date thereof stated maturity or at a date fixed for any prepayment thereof or otherwise;.

Appears in 1 contract

Samples: Credit Agreement (Genesis Eldercare Acquisition Corp)

AutoNDA by SimpleDocs

Failure to Pay Principal. If the Borrower shall fail to pay make ------------------------ any payment of the principal of any Loan on the date when and as it becomes the same shall become due and payable, whether at the due date thereof stated maturity or at a date fixed for any installment or prepayment thereof or otherwise;; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Specialty Products & Insulation Co)

Failure to Pay Principal. If the Borrower shall fail to pay make any payment of the principal of any Loan on the date when and as it becomes the same shall become due and payable, whether at the due date thereof stated maturity or at a date fixed for any installment or prepayment thereof or otherwise;; or

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Adelphia Communications Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.