Other Payment Defaults Sample Clauses

Other Payment Defaults. Any Obligor shall fail to pay any Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days.
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Other Payment Defaults. The Borrower shall default in the payment of any interest on any Construction Loan Advance or Construction Loan Note or the payment of any other Obligation when and as due (whether at maturity, by reason of acceleration or otherwise), and such default shall continue unremedied for five (5) Business Days.
Other Payment Defaults. Default shall be made in the payment of (i) any scheduled interest on any Loan or L/C Reimbursement Obligation or in the payment of any Fee, when and as the same shall become due and payable, and such default shall continue unremedied for a period of five days or (ii) any other amount due and payable hereunder or under any other Loan Document (other than as set forth in Section 7.01(b) and Section 7.01(c)(i)), and such default shall continue unremedied for a period of thirty days.
Other Payment Defaults. The Canadian Borrower or the US Borrower shall fail to make any payment of interest, fees or other payment (other than a payment referred to in Section 16.1.1) due under this Agreement or any Obligor fails to make any payment due under any Loan Document, in each case within three (3) days of its due date, whether due by acceleration or otherwise; or
Other Payment Defaults. Borrower shall fail to pay (i) any principal of the Loan when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment or otherwise, or (ii) any interest on the Loan or any fee or any other amount payable under this Agreement or any other Loan Document (except amounts described under the preceding clause (b)(i) or subsection (a) of this Section), when and as the same shall become due and payable, and as to any such failure described in this clause (b)(ii), such failure shall continue unremedied for a period of three (3) Business Days.
Other Payment Defaults. With respect to any payment defaults by any Development Party (other than a default in the funding of Carried Costs by Mitsui), the Development Partiesrights and remedies with respect thereto shall be those rights and remedies that (a) are set forth in the Applicable Operating Agreement, the Springfield Ownership Agreement and/or the Associated Agreement under which such payment was due and (b) may be available at Law, in equity or otherwise. For the avoidance of doubt, SM shall not be in default with respect to the payment of its Participating Interest share of Development Costs to the extent that Mitsui is responsible for such Development Costs pursuant to Section 3.2 and Mitsui fails to fund the share of such Development Costs consisting of Carried Costs when due in accordance with Section 3.8.
Other Payment Defaults. Borrower shall fail to pay (i) any principal of the Loan [or any reimbursement obligation in respect of any LC Disbursement] when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment or otherwise, or (ii) any interest on the Loan or any fee or any other amount payable under this Agreement or any other Loan Document (except amounts described under the preceding clause (b)(i) or subsection (a) of this Section), when and as the same shall become due and payable, and as to any such failure described in this clause (b)(ii), such failure shall continue unremedied for a period of three (3) Business Days.
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Other Payment Defaults. Borrower or Guarantor shall fail to make payment , within five (5) days of when due, of any other sum payable under the Loan Documents, or any other documents, instruments or agreements (“Other Documents”) now or hereafter securing this Note or executed by Borrower, or any other person, corporation or other entity now or hereafter liable, absolutely or contingently, for the whole or any part of the indebtedness evidenced by this Note, including, without limitation, nonpayment of the Guaranty by the Guarantor.
Other Payment Defaults. The Borrower shall fail to pay any interest on any Loan or any fee or any other amount (other than an amount referred to in clause (a) of this Article) payable under this Agreement, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three Business Days; or
Other Payment Defaults the Borrower shall fail to make any payment of interest, fees or other amounts (other than a payment referred to in Section 14.1.1) due under this Agreement, or the Borrower fails to make any payment due under any Loan Document, in each case within five (5) Banking Days of its due date, whether due by acceleration or otherwise; or
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