Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Assignment Agreement (American Coin Merchandising Inc), Credit Agreement (American Coin Merchandising Inc)
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two five (5) Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Note Party hereunder or under any other Loan Investment Document.
Appears in 2 contracts
Samples: Note Purchase Agreement (CNL Strategic Capital, LLC), Note Purchase Agreement (CNL Strategic Capital, LLC)
Non-Payment of Credit. Default in the payment when due of the principal of any LoanLoan or any Call Premium; or default, and continuance thereof for two three Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Second Lien Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.)
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Days, default in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Credit Agreement (5.11 Abr Corp.), Credit Agreement (Fox Factory Holding Corp)
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Days2 days, in the payment when due of any interest, fee or fee, reimbursement obligation with respect to any Letter of Credit; Credit or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Credit Agreement (Compass Diversified Holdings), Assignment Agreement (Compass Group Diversified Holdings LLC)
Non-Payment of Credit. Default in the payment when due of the principal of any LoanNote; or default, and continuance thereof for two Business Daysthree days, in the payment when due of any interest, fee or fee, reimbursement obligation with respect to any Letter of Credit; Note or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Loan Party hereunder or under any other Loan Subordinated Notes Document.
Appears in 1 contract
Samples: Subordinated Note Purchase Agreement (Clayton Holdings Inc)
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Days2 days, in the payment when due of any interest, fee or fee, reimbursement obligation with respect to any Letter of Credit; Credit or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Rosetta Stone Inc)
Non-Payment of Credit. Default in the payment when due of the principal of any LoanNote; or default, and continuance thereof for two five (5) Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Note Party hereunder or under any other Loan Investment Document.
Appears in 1 contract
Samples: Note Purchase Agreement (CNL Strategic Capital, LLC)
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Daysdays, in the payment when due of any interest, fee or fee, reimbursement obligation with respect to any Letter of Credit; Credit or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower hereunder or under any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Dwyer Group Inc)
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent3 days, in the payment when due of any other Obligations, including any interest, fee, or other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 1 contract
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two three Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 1 contract
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; Loan or default, and continuance thereof for two Business Days, in the payment when due of any other Obligations, including any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent, in the payment when due of any other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 1 contract
Non-Payment of Credit. Default in the payment when due of the principal of any Loan; or default, and continuance thereof for two Business Days, in the payment when due of any interest, fee or reimbursement obligation with respect to any Letter of Credit; or default, and continuance thereof for two Business Days after notice of such default has been given to Borrower by Agent3 days, in the payment when due of any other Obligations, including any interest, fee, reimbursement obligation with respect to any Letter of Credit or other amount payable by Borrower any Loan Party hereunder or under any other Loan Document.
Appears in 1 contract
