Common use of FAILURE TO PAY THE REVOLVING CREDIT Clause in Contracts

FAILURE TO PAY THE REVOLVING CREDIT. The failure by any Borrower to pay when due any principal of the Revolving Credit (including, without limitation, any reimbursement for any drawing under any L/C).

Appears in 3 contracts

Samples: Loan and Security Agreement (Officemax Inc /Oh/), Claires Stores Inc, Officemax Inc /Oh/

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FAILURE TO PAY THE REVOLVING CREDIT. The failure by any Borrower the Borrowers to pay when due any principal of of, interest on, or fees in respect of, the Revolving Credit (including, without limitation, any reimbursement for any drawing under any L/C)Credit.

Appears in 2 contracts

Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)

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