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 the Notes or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Line of 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 the Notes Reimbursement Obligation or the payment of any other Obligation, Obligation and such default shall continue unremedied for five (5) Business DaysDays after the due date thereof.
Appears in 1 contract
Other Payment Default. The Borrower shall default in the payment of any interest on any Loan or Note when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or the Notes or the payment of any other Obligation), and such default Default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Loan 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 Loan, Note or the Notes Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for a period of five (5) Business Days.
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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 the Notes Loan, Note or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Credit Agreement (Medcath 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 the Notes Note or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Credit Agreement (Acc 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 interest on any Loan or the Notes Note or the payment of any other Obligationfees hereunder, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Credit Agreement (RCN Corp /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 the Notes Reimbursement Obligation or the payment of any other Obligation, Obligation and such default payment shall continue unremedied for not have been made within five (5) Business DaysDays after such payment becomes due.
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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 the Notes Advance or the payment of any other ObligationBank Indebtedness, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Loan and Security 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 Loan or the Notes Note or the payment of any other ObligationObligations, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Credit Agreement (Northland Cable Properties Six LTD Partnership)
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 the Notes Note or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Sources: Credit Agreement (Edutrek Int Inc)