Common use of Non-Payment Clause in Contracts

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 60 contracts

Samples: Agreement (Mobile Telesystems Ojsc), Assignment Agreement (DryShips Inc.), Credit Facility Agreement (Mercer International Inc.)

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Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 49 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Agreement (Sap Aktiengesellschaft Systems Applications Products in Data), Agreement (AstraZeneca Biopharmaceuticals Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 9 contracts

Samples: Credit Facility Agreement (Safe Bulkers, Inc.), Agreement (Safe Bulkers, Inc.), Loan Agreement (Paragon Shipping Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document at the place at and Documents in the currency in which it is expressed to be payable unlessmanner required under the Finance Documents, unless the non-payment:

Appears in 9 contracts

Samples: Confidential Treatment (Sunpower Corp), Agreement (Seaspan CORP), Agreement (Seaspan CORP)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 5 contracts

Samples: Facility Agreement (ChinaEdu CORP), Term Facility Agreement (Grupo Financiero Galicia Sa), Term Loan Facility Agreement (Far East Energy Corp)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and this Agreement in the currency in which it is expressed to be payable unless:

Appears in 4 contracts

Samples: Facility Agreement (Youdao, Inc.), Facility Agreement (NetEase, Inc.), Facility Agreement (NetEase, Inc.)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 4 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (NewLead Holdings Ltd.), DryShips Inc.

Non-Payment. The Borrower or an Owner does not pay on the due date any amount payable pursuant to a by it under any Finance Document to which it is a part at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 4 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-Payment. The A Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 4 contracts

Samples: Facilities Agreement (Borse Dubai LTD), Facilities Agreement (MiX Telematics LTD), Agreement (Alpha Beta Netherlands Holding N.V.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a any relevant Finance Document at the place at and in the currency in which it is expressed to be payable under this Agreement unless:

Appears in 4 contracts

Samples: Agreement (PCCW LTD), Agreement (PCCW LTD), Agreement (PCCW LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document Document, at the place at and in the currency in which it is expressed to be payable unless:

Appears in 4 contracts

Samples: Harmony Gold Mining Co LTD, Harmony Gold Mining Co LTD, Harmony Gold Mining Co LTD

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a any Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 3 contracts

Samples: Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.)

Non-Payment. The An Obligor or member of the Borrower Group does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 3 contracts

Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Facilities Agreement (Anooraq Resources Corp), Facilities Agreement (Atlatsa Resources Corp)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a this Agreement and/or any other Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

Non-Payment. The Borrower does not fails to pay on the due date any amount payable pursuant to a Finance Document to which it is a party at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (China Security & Surveillance Technology, Inc.)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless (a) its failure to pay is caused by administrative or technical error or a Disruption Event and (b) payment is made within two (2) Business Days of its due date.

Appears in 2 contracts

Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD), Charter Agreement (Knightsbridge Shipping LTD)

Non-Payment. The A Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document at the place at and Documents in the currency in which it is expressed to be payable unlessmanner required under the Finance Documents, unless the non-payment:

Appears in 2 contracts

Samples: Agreement (Vivendi Universal), Agreement (Danaos Corp)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document Documents at the place at and in the currency in which it is expressed to be payable unlessunless such non-payment:

Appears in 2 contracts

Samples: Agreement (Sonera Corp), Agreement (Sonera Corp)

Non-Payment. The A Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Facility Agreement (Six Continents PLC), Facilities Agreement

Non-Payment. The Borrower does not fails to pay any amount which becomes payable by it under a Finance Document on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unlessfor payment thereof, except if:

Appears in 2 contracts

Samples: Loan Agreement (Harmony Gold Mining Co LTD), Loan Agreement (Harmony Gold Mining Co LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Loan Agreement (DHT Holdings, Inc.), Loan Agreement (DHT Holdings, Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document (except an amount the non-payment of which requires the Borrower to make a prepayment under Clause 10.6) at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Facility Agreement (Tower Group International, Ltd.), Letter of Credit Facility Agreement (Tower Group International, Ltd.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document this Loan at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Subordinated Intercompany Loan Agreement (New Skies Satellites Holdings Ltd.), Subordinated Intercompany Loan Agreement (New Skies Satellites Holdings Ltd.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document (except an amount the non-payment of which requires the Borrower to make a prepayment under Clause 8.6 (Mandatory prepayment and cancellation in relation to a single Lender) at the place at and in the currency in which it is expressed to be payable unless:

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document Documents at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Anglogold Ashanti LTD)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to a be paid by them under the Finance Document at the place at and Documents in the currency in which it is expressed to be payable manner required under the Finance Documents, unless:

Appears in 1 contract

Samples: Archstone Smith Trust

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Sesa Sterlite LTD

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document to which it is a party at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Mobile Telesystems Ojsc)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document (including, without limitation, any amount in principal, interest, default interest, fees, costs, expenses and any other sum whatsoever due and payable under a Finance Document) (except an amount the non-payment of which requires the Borrower to make a prepayment under Clause 8.6 (Mandatory prepayment and cancellation in relation to a single Lender)) at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (General Geophysics Co)

Non-Payment. The Borrower or the Owner does not pay on the due date any amount payable pursuant to a by it under any Finance Document to which it is a part at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at place, in the manner and in the currency in which it is expressed to be payable unlessunless its failure to pay is caused by:

Appears in 1 contract

Samples: Term Loan Facility Agreement (Sibanye Gold LTD)

Non-Payment. The Borrower or any Shareholder or Junior Creditor does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Corporate Property Associates 17 - Global INC)

Non-Payment. 21.2.1 The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Entire Agreement (System1, Inc.)

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Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document by it under this Agreement at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within one (1) Business Day of its due date.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Non-Payment. The Borrower does do not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: B Plus H Ocean Carriers LTD

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Facility Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Cascal B.V.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless, in the case of payments other than of principal:

Appears in 1 contract

Samples: Agreement (Las Vegas Sands Corp)

Non-Payment. The Borrower or the Guarantor does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Agreement (Micron Technology Inc)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within one (1) Business Day of its due date.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable to a Finance Party pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Assignment Agreement (Helix Energy Solutions Group Inc)

Non-Payment. The Borrower does not pay on the due date any amount payable by it pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within 3 (three) Business Days of its due date.

Appears in 1 contract

Samples: Facility Agreement (Xunlei LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless payment is made within three days of its due date.

Appears in 1 contract

Samples: Agreement (Promotora De Informaciones Sa /Fi)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Facility Agreement (Fabrinet)

Non-Payment. The Borrower or any member of the Group does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:payable.

Appears in 1 contract

Samples: Agreement (MK Arizona Corp.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless such failure to pay is caused by an administrative error or technical difficulties within the banking system in relation to the transmission of funds and payment is made within three Business Days of its due date.

Appears in 1 contract

Samples: Facility Agreement (Cemex Sab De Cv)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unlessunless its failure to pay is caused by:

Appears in 1 contract

Samples: Compagnie Maritime Belge NV

Non-Payment. The Borrower does Borrowers do not pay on the due date any amount payable pursuant to by them under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:unless –

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Net 1 Ueps Technologies Inc)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to by it under a Finance Document at the place at and in the currency in which it is expressed to be payable unless:he payable.

Appears in 1 contract

Samples: Loan Agreement (Top Ships Inc.)

Non-Payment. The Any Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:

Appears in 1 contract

Samples: Facility Agreement (Shanda Games LTD)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable unless:other than as a result of the failure of the appropriate payment transmission system provided that such payment is made to the Lender within 3 Business Days of the due date.

Appears in 1 contract

Samples: Behringer Harvard Opportunity REIT I, Inc.

Non-Payment. The a Borrower does not pay on the due date any amount payable pursuant to a by it under the Finance Document Documents at the place at and in the currency at or in which it is expressed to be payable unless:and the failure to pay continues for five Business Days; or

Appears in 1 contract

Samples: Credit Agreement (Ti Group PLC)

Non-Payment. The Borrower does not pay on the due date any amount payable pursuant to a Finance Document at the place at and in the currency in which it is expressed to be payable payable. unless:

Appears in 1 contract

Samples: Agreement (Daqo New Energy Corp.)

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