Other Payment Default. 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), and such Default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Loan Agreement (Medcath Inc)
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), any other Obligation and such Default 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 the Reimbursement Obligation or the payment of any other obligation hereunder, and such Default default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Corrections Corporation of America
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 Note or the payment of any other Obligations, and such Default default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Northland Cable Properties Six LTD Partnership)
Other Payment Default. Borrower The Borrowers 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 Advance or the payment of any other Bank Indebtedness, and such Default default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Loan and Security Agreement (United States Lime & Minerals Inc)
Other Payment Default. Any 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 Note or the payment of any other Obligation, and such Default default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Credit Agreement (Acc Corp)
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, Note or Reimbursement Obligation or the payment of any other Obligation and such Default 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 Note or the payment of any other Obligation, and such Default default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Credit Agreement Credit Agreement (Edutrek Int Inc)
Other Payment Default. Borrower The Borrowers 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 Note or any fees hereunder, and such Default default shall continue unremedied for five (5) Business Days.
Appears in 1 contract
Samples: Pledge Agreement (RCN Corp /De/)
