Common use of Other Payment Default Clause in Contracts

Other Payment Default. Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest, fees or other amounts owing on any Loan, Note or L/C Obligation or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days after the earlier of a Responsible Officer becoming aware of such default or written notice thereof has been given to the Company by the Administrative Agent.

Appears in 4 contracts

Sources: Credit Agreement (Equifax Inc), Credit Agreement (Equifax Inc), Credit Agreement (Equifax Inc)

Other Payment Default. Any The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest, fees or other amounts owing on any Loan, Note or L/C Reimbursement Obligation or the payment of any other ObligationObligation (other than any Obligation under any Hedging Agreement), and such default shall continue unremedied for five three (53) Business Days after the earlier of a Responsible Officer of a Credit Party becoming aware of such default or written notice thereof has been given to the Company Borrower by the Administrative Agent.

Appears in 3 contracts

Sources: Credit Agreement (Caraustar Industries Inc), Credit Agreement (Wausau Mosinee Paper Mills Corp), Credit Agreement (Wausau Mosinee Paper Mills Corp)

Other Payment Default. Any Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest, fees or other amounts owing on any Loan, Note or L/C Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days after the earlier of a Responsible Officer becoming aware of such default or written notice thereof has been given to the Company by the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (Equifax Inc), Credit Agreement (Equifax Inc)

Other Payment Default. Any The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest, fees or other amounts owing on any Loan, Note or L/C Obligation or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days after the earlier of a Responsible Officer becoming aware of such default or written notice thereof has been given to the Company Borrower by the Administrative Agent.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Equifax Inc), 364 Day Credit Agreement (Equifax Inc)

Other Payment Default. Any The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest, fees or other amounts owing on any Loan, Loan or Note or L/C Obligation or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days after the earlier of a Responsible Officer becoming aware of such default or written notice thereof has been given to the Company Borrower by the Administrative Agent.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Equifax Inc), Term Loan Credit Agreement (Equifax Inc)

Other Payment Default. Any Borrower shall default in the payment --------------------- when and as due (whether at maturity, by reason of acceleration or otherwise) of any interest, fees or other amounts owing on any Loan, Note or L/C Reimbursement Obligation or the payment of any other Obligation, and such default shall continue unremedied for five (5) Business Days after the earlier of a Responsible Officer becoming aware of such default or written notice thereof has been given to the Company by the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Equifax Inc)

Other Payment Default. Any The Borrower shall default in the payment when and as due (whether at maturity, by reason of notice of voluntary prepayment, mandatory prepayment, acceleration or otherwise) of any interest, fees or other amounts owing interest on any Loan, Note or L/C Reimbursement Obligation or the payment of any other Obligation, Obligation (other than as specifically provided for otherwise in Section 11.1(a)) and such default shall continue unremedied for five (5) Business Days after the earlier of a Responsible Officer becoming aware of such default or written notice thereof has been given to the Company by the Administrative Agentdue date thereof.

Appears in 1 contract

Sources: Credit Agreement (Planvista Corp)