Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 28 contracts
Samples: Credit Agreement (Corrections Corp of America), Credit Agreement (Copart Inc), Credit Agreement (Corrections Corp of America)
Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 27 contracts
Samples: Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Cirrus Logic Inc), Credit Agreement (Medimmune Inc /De)
Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) or more Business Days.
Appears in 20 contracts
Samples: Credit Agreement (Bowater Inc), Seventh Amendment (Bowater Inc), Credit Agreement (AbitibiBowater Inc.)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Revolving Credit Note or the payment of any other Obligation, Obligation and such default payment shall continue for a period of three not have been made within five (35) Business DaysDays thereafter.
Appears in 19 contracts
Samples: Credit Agreement (Cooper River Properties LLC), Credit Agreement (Broad River Properties L L C), Credit Agreement (Cooper River Properties LLC)
Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three five (35) Business Days.
Appears in 17 contracts
Samples: Credit Agreement (Globalstar, Inc.), Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Transaction Systems Architects Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of three (3) Business Days.
Appears in 10 contracts
Samples: Credit Agreement (DRS Technologies Inc), Credit Agreement (Hickory Tech Corp), Credit Agreement (DRS Technologies Inc)
Other Payment Default. The Any Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 10 contracts
Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Family Dollar Stores Inc), Credit Agreement (DXP Enterprises Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 9 contracts
Samples: Credit Agreement (Mindspring Enterprises Inc), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Richfood Holdings Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 9 contracts
Samples: Credit Agreement (Jones Apparel Group Inc), Year Credit Agreement (Jones Apparel Group Inc), Credit Agreement (Jones Apparel Group Inc)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any Reimbursement Obligation or interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 8 contracts
Samples: Revolving Credit Agreement (BlackRock Inc.), Credit Agreement (BlackRock Inc.), Credit Agreement (BlackRock Inc.)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 8 contracts
Samples: Credit Agreement (Hormel Foods Corp /De/), Term Loan Agreement (Hormel Foods Corp /De/), Credit Agreement (Allegiance Bancshares, Inc.)
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Geo Group Inc), Credit Agreement (Geo Group Inc), Credit Agreement (Ikon Office Solutions Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Synaptics Inc), First Amendment and Lender Joinder Agreement (SYNAPTICS Inc), Credit Agreement (SYNAPTICS Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Golf Trust of America Inc), Credit Agreement (Golf Trust of America Inc), Credit Agreement (Golf Trust of America Inc)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Southwest Gas Corp), Credit Agreement (Southwest Gas Corp), Credit Agreement (Centuri Holdings, Inc.)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 7 contracts
Samples: Credit Agreement (O Charleys Inc), Credit Agreement (Gt Interactive Software Corp), Credit Agreement (Lci International Inc /Va/)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent or any Lender.
Appears in 6 contracts
Samples: Joinder Agreement (Brinks Co), Joinder Agreement (Brinks Co), Joinder Agreement (Brinks Co)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Revolving Credit Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 5 contracts
Samples: Three Year Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 5 contracts
Samples: Credit Agreement (G&k Services Inc), Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of (i) interest on any Loan Loan, Note or Reimbursement Obligation Obligation, and such default shall continue unremedied for five (5) Business Days or the payment of (ii) any other Obligation, and such default shall continue unremedied for a period of three ten (310) Business Days.
Appears in 4 contracts
Samples: Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc)
Other Payment Default. The Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 4 contracts
Samples: Credit Agreement (Cirrus Logic Inc), Term Loan Agreement (FTS International, Inc.), Assignment and Assumption (Turning Point Brands, Inc.)
Other Payment Default. The Any Borrower or any other Credit Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 4 contracts
Samples: Day Credit Agreement (Family Dollar Stores Inc), Day Credit Agreement (Family Dollar Stores Inc), Assignment and Assumption (Family Dollar Stores Inc)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent.
Appears in 3 contracts
Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 3 contracts
Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)
Other Payment Default. The Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligationfees hereunder, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 3 contracts
Samples: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Credit Agreement (Cable Michigan Inc)
Other Payment Default. The Either Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 3 contracts
Samples: Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.), Credit Agreement (Ubiquiti Networks, Inc.)
Other Payment Default. The Either Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Tekelec), Credit Agreement (Tekelec)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three two (32) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Roanoke Electric Steel Corp), Credit Agreement (Roanoke Electric Steel Corp)
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of (i) interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue remain uncured for a period of three (3) Business DaysDays after the scheduled date of payment of such interest or (ii) any other Obligation (including without limitation any fees due to Administrative Agent or Lenders hereunder) and such default shall remain uncured for a period of three (3) Business Days following notice by the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (JLG Industries Inc), Credit Agreement (Access Financial Solutions Inc)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.;
Appears in 2 contracts
Samples: Credit Agreement (Acc Corp), Credit Agreement (Acc Corp)
Other Payment Default. The Borrower or any other Loan Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Assignment and Assumption (Turning Point Brands, Inc.), Assignment and Assumption (Turning Point Brands, Inc.)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Cca Prison Realty Trust), Credit Agreement (Cca Prison Realty Trust)
Other Payment Default. The Borrower or any Subsidiary shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Digital Generation Systems Inc), Credit Agreement (Digital Generation Systems Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation the Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)
Other Payment Default. The Borrower Borrowers shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Choice One Communications Inc), Credit Agreement (Choice One Communications Inc)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of not be cured within three (3) Business DaysDays after Borrowers have received notice of such default.
Appears in 2 contracts
Samples: Credit Agreement (Duratek Inc), Credit Agreement (GTS Duratek Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest due on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)
Other Payment Default. The Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest due on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of mandatory prepayment, acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit and Security Agreement (Seacastle Inc.), Credit and Security Agreement (Interpool Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Kforce Inc), Credit Agreement (Kforce Inc)
Other Payment Default. The Borrower shall default in the payment --------------------- when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (American Business Information Inc /De), Credit Agreement (American Business Information Inc /De)
Other Payment Default. The Borrower Borrowers shall default in --------------------- the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Wilmar Industries Inc), Credit Agreement (Urban Outfitters Inc)
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Texfi Industries Inc), Credit Agreement (Optio Software Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligationfees hereunder, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Cable Michigan Inc), Credit Agreement (Cable Michigan Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any Reimbursement Obligation or interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Revolving Credit Agreement (BlackRock Inc.), Credit Agreement (BlackRock Inc.)
Other Payment Default. The Borrower Borrowers or any other Loan Party shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 2 contracts
Samples: Credit Agreement (Turning Point Brands, Inc.), Second Lien Credit Agreement (Turning Point Brands, Inc.)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.. CHL:40759.7
Appears in 1 contract
Other Payment Default. The Any Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note, Reimbursement Obligation or Aggregator Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other monetary Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Secured Obligation (excluding any termination payment under any Secured Hedging Agreement) and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Hickory Tech Corp)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any interest, fees or other amounts owing on any Loan Loan, Note or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Miller Herman Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) 3 Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of (i) interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, Note and such default shall continue remain uncured for a period of three (3) Business DaysDays after the scheduled date of payment of such interest or (ii) any other Obligation (including without limitation any fees due to Administrative Agent or Lenders hereunder) and such default shall remain uncured for a period of three (3) Business Days following notice by the Administrative Agent.
Appears in 1 contract
Samples: Working Capital Credit Agreement (JLG Industries Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation (other than payments of principal) and such default payment shall continue for a period of three not have been made within five (35) Business DaysDays after such payment becomes due.
Appears in 1 contract
Samples: Credit Agreement (Insignia Financial Group Inc /De/)
Other Payment Default. The Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Revolving Credit Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.. (c)
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 1 contract
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Revolving Credit Loan, Revolving Credit Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan Loan, Note or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent or any Lender.
Appears in 1 contract
Samples: Credit Agreement (Pittston Co)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Revolving Credit Loan or Reimbursement Obligation Revolving Credit Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Parent Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any the Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Lender.
Appears in 1 contract
Samples: Credit Agreement (Brinks Co)
Other Payment Default. The Borrower shall default (i) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days, or (ii) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of Reimbursement Obligation or the payment of any other Obligation and such default shall continue for a period of five (5) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any the Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three seven (37) Business Daysdays.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default payment shall continue for a period of three not have been made within five (35) Business DaysDays after such payment becomes due.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Loan, Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Medcath Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, Obligation (other than payments of principal) and such default payment shall continue for a period of three not have been made within thirty (330) Business Daysdays after such payment becomes due.
Appears in 1 contract
Samples: Credit Agreement (Insignia Financial Group Inc /De/)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest any other amounts owing on any Loan or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business DaysDays after written notice thereof from the Administrative Agent or any Lender.
Appears in 1 contract
Samples: Credit Agreement (Pittston Co)
Other Payment Default. The Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation any Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Kaman Corp)
Other Payment Default. The Any Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or (except as provided in clause (a) above) the payment of any other Obligation, Obligation (other than any Obligation under any Hedging Agreement or Cash Management Agreement) for more than three Business Days after the same becomes due and such default shall continue for a period of three (3) Business Dayspayable.
Appears in 1 contract
Samples: Credit Agreement (Belk Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Note or any other Obligation or any Credit Party shall default in the payment of any other Obligationamount due hereunder, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other ObligationCredit Agreement Obligations arising under any Loan Document, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (KMG Chemicals Inc)
Other Payment Default. The Borrower Loan Parties shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Knology Inc)
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Copart Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of 62 interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation the Notes or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Cornerstone Realty Income Trust Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three seven (37) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other ObligationCredit Agreement Obligations arising under any Loan Document, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Samples: Credit Agreement (KMG Chemicals Inc)
Other Payment Default. The Any Borrower shall default in the payment when --------------------- and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue for a period of not be cured within three (3) Business DaysDays after Borrowers have received notice of such default.
Appears in 1 contract
Samples: Credit Agreement (GTS Duratek Inc)
Other Payment Default. The Borrower Loan Parties shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Samples: Interconnection Agreement (Knology Holdings Inc /Ga)
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation Note or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 1 contract
Samples: Credit Agreement (United States Lime & Minerals Inc)
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any the Term Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default (i) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days, or (ii) in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of Reimbursement Obligation or the payment of any other Obligation and such default shall continue for a period of five (5) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three five (35) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Revolving Credit Loan, Revolving Credit Note or Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for a period of three (3) Business Days.
Appears in 1 contract
Other Payment Default. The Borrower Borrowers shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan Loan, Note or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of three five (35) Business Days.
Appears in 1 contract
