Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall be made during the cure period);
Appears in 7 contracts
Samples: Loan and Security Agreement (Art Technology Group Inc), Loan Modification Agreement (Viacell Inc), Loan and Security Agreement (Smarterkids Com Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Advance will be made during the cure period);
Appears in 6 contracts
Samples: Loan and Security Agreement (Legato Systems Inc), Loan and Security Agreement (Sonus Pharmaceuticals Inc), Loan and Security Agreement (Pharsight Corp)
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional such three (3) day period the failure to cure the default is shall not constitute an Event of Default (but no Credit Extensions Extension shall be made during the cure such period);
Appears in 6 contracts
Samples: Loan and Security Agreement (Axs One Inc), Loan and Security Agreement (Zoom Technologies Inc), Loan and Security Agreement (Ibasis Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 5 contracts
Samples: Loan and Security Agreement (Jamdat Mobile Inc), Loan and Security Agreement (Salmedix Inc), Loan and Security Agreement (Sunrise Technologies International Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 5 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 5 contracts
Samples: Loan and Security Agreement (Optio Software Inc), Loan Modification Agreement (Synaptics Inc), Loan and Security Agreement (Synthetech Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days Business Days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 5 contracts
Samples: Loan and Security Agreement (Motive Inc), Loan and Security Agreement (Sirf Technology Holdings Inc), Loan Modification Agreement (Sirf Technology Holdings Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional such three (3) day period the failure to cure the default is shall not constitute an Event of Default (but no Credit Extensions Extension shall be made during the such cure period);.
Appears in 5 contracts
Samples: Loan and Security Agreement (ExactTarget, Inc.), Loan and Security Agreement (Physiometrix Inc), Loan and Security Agreement (ClearStory Systems, Inc.)
Payment Default. Borrower fails to pay any of the Obligations within three (3) 5 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 4 contracts
Samples: Loan and Security Agreement (Hearme), Loan and Security Agreement (Hearme), Loan Agreement (Advanced Energy Industries Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional period the failure to cure the default is shall not constitute an Event of Default (but no Credit Extensions Extension shall be made during the such cure period);.
Appears in 4 contracts
Samples: Loan and Security Agreement (Hansen Medical Inc), Loan and Security Agreement (Acclarent Inc), Loan and Security Agreement (TorreyPines Therapeutics, Inc.)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the such additional 3 day period the failure to cure the such payment default is not an Event of Default hereunder (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 3 contracts
Samples: Loan and Security Agreement (Senorx Inc), Loan Agreement (Ats Medical Inc), Loan and Security Agreement (Vascular Solutions Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days after their due date. During such three (3) day period after the additional period due date of the payment of any Obligations, the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the such three (3) day cure period);
Appears in 3 contracts
Samples: Loan and Security Agreement (Ramtron International Corp), Loan and Security Agreement (Ramtron International Corp), Loan and Security Agreement (Ramtron International Corp)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 3 contracts
Samples: Loan and Security Agreement (Sigmatel Inc), Intellectual Property Security Agreement (Perficient Inc), Loan and Security Agreement (Nuance Communications)
Payment Default. If Borrower fails to pay (a) the principal or interest portion of any of the Credit Extension when due, or (b) any other monetary Obligations within three (3) days after their due datewritten notice to Borrower. During the additional period any cure period, the failure to cure the payment default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);.
Appears in 3 contracts
Samples: Loan and Security Agreement (Ikanos Communications), Loan and Security Agreement (Ikanos Communications), Loan and Security Agreement (Digital Impact Inc /De/)
Payment Default. Borrower fails If Borrowers fail to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Xenogen Corp), Term Loan and Security Agreement (Allied Motion Technologies Inc)
Payment Default. Borrower fails Borrowers fail to pay any of the Obligations within three (3) days Business Days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Blackboard Inc), Loan and Security Agreement (Blackboard Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) 5 days ---------------- after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Lantronix Inc), Loan and Security Agreement (Lantronix Inc)
Payment Default. Borrower fails to pay any of the Obligations within three two (32) days Business Days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Breakaway Solutions Inc), Loan and Security Agreement (Breakaway Solutions Inc)
Payment Default. Borrower fails Borrowers fail to pay any of the Obligations within three (3) 3 days after their due date. During the 3-day additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement by And (Kanbay International Inc), Loan and Security Agreement by And (Kanbay International Inc)
Payment Default. Borrower fails If Borrowers fail to pay any of the Obligations when due within three (3) days after their due date. During the additional three (3) day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Visual Networks Inc), Loan and Security Agreement (Visual Networks Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (Default, but no Credit Extensions shall be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Stereotaxis, Inc.), Loan and Security Agreement (Stereotaxis, Inc.)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Redback Networks Inc), Loan and Security Agreement (Odimo INC)
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Bank shall not be obligated to make Credit Extensions shall be made during the cure period);
Appears in 2 contracts
Samples: Loan Modification Agreement (Constant Contact, Inc.), Loan Modification Agreement (Constant Contact, Inc.)
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (Default, but no Credit Extensions Equipment Advances shall be made during the cure period);
Appears in 2 contracts
Samples: Loan and Security Agreement (Esperion Therapeutics Inc/Mi), Loan and Security Agreement (Esperion Therapeutics Inc/Mi)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days after their due date. During the such additional 3 day period the failure to cure the such payment default is not an Event of Default hereunder (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If either Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails If Borrowers fail to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the this additional 3-day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the this 3-day cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days after their due dateof when due. During the additional period time, the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Ultimate Software Group Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 business days after their its due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional period period, the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);.
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 --------------- days after their due datedate or fails to pay the Facility Fee set forth in Section 2.3 on or before January 7, 2000. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Advances will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days --------------- after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Aml Communications Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days after their due dateof when due. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Daleen Technologies Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period time the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three five (35) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails If Borrowers fail to pay any of the Obligations within three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional three (3) day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Synchronoss Technologies Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional 3 day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Samples: Loan Agreement (Emulex Corp /De/)
Payment Default. Borrower fails to pay any of the Obligations and --------------- does not cure the same within three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);.
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations pay, within three (3) days after their due dateof when due, any of the Obligations. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);.
Appears in 1 contract
Samples: Loan and Security Agreement (Juno Online Services Inc)
Payment Default. Borrower fails to pay any of the Obligations within ---------------- three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Advances will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Bio Imaging Technologies Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but Default. However, during such period no Credit Extensions shall will be made during the cure period)made;
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the such additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three 3 days (34 days if the third day is a non Business Day) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Advances or other Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails Borrowers fail to pay any of the Obligations within three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 5 days after their due date. During the additional any such 5 day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Energy Industries Inc)
Payment Default. Borrower fails to pay any of the Obligations within three (3) days Business Days after their due datedate (the "Cure Period"). During the additional period Cure Period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure periodCure Period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 business days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Samples: Intellectual Property Security Agreement (Homestead Com Inc)
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 5 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails If Borrowers fail to pay any of the Obligations within three (3) days after their due date. During the additional three (3) day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional any such 3 day period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations when due within three (3) days Business Days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) days 3 Business Days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);.
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their its due date. During the 3-day additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Crossworlds Software Inc)
Payment Default. Borrower fails to pay any of the Obligations within --------------- three (3) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) days after their due date. During the additional period three day period, the failure to cure the default is not itself an Event of Default (but Bank shall have no obligation to make a Credit Extensions shall be made Extension during the cure three day period);.
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three five (35) days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Advance will be made during the cure period);
Appears in 1 contract
Payment Default. Borrower fails to pay any of the Obligations within three (3) 3 days after their its due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 business days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no additional Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the principal amount owed hereunder when due, or any interest or other Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Payment Default. If Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Advance will be made during the cure period);; 8.2
Appears in 1 contract
Samples: Loan and Security Agreement (Tanisys Technology Inc)
Payment Default. If a Borrower fails to pay any of the Obligations within three (3) 3 days after their due date. During the additional period the failure to cure the default is not an Event of Default (but no Credit Extensions shall Extension will be made during the cure period);
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Photonix Inc)
