Common use of Payment of Obligation Clause in Contracts

Payment of Obligation. The failure or refusal of any Company to pay (a) any principal payment contemplated by Sections 3.2(b) and 3.2(c) of this Agreement after such payment becomes due and payable hereunder, (b) any principal payment (other than those contemplated by Sections 3.2(b) and 3.2(c)) or interest payment contemplated to be made hereunder within 3 Business Days after demand therefor by Administrative Agent, (c) any amount contemplated to be paid hereunder in respect of fees, costs, expenses, or indemnities within 10 Business Days after demand therefor by Administrative Agent and (d) any amount in respect of its reimbursement obligations in connection with any drawing under an L/C (including, without limitation, any L/C Borrowing) within 3 Business Days after demand therefor by Administrative Agent.

Payment of Obligation. The failure or refusal of any Company to pay (a) any principal payment contemplated by Sections 3.2(b) and 3.2(c) of this Agreement after such payment becomes due and payable hereunder, (b) any principal payment (other than those contemplated by Sections 3.2(b) and 3.2(c)) or interest payment contemplated to be made hereunder within 3 Business Days after demand therefor by Administrative Agent, (c) any amount contemplated to be paid hereunder in respect of fees, costs, expenses, expenses or indemnities within 10 Business Days after demand therefor by Administrative Agent and (d) any amount in respect of its reimbursement obligations in connection with any drawing under an L/C (including, without limitation, any L/C Borrowing) within 3 Business Days after demand therefor by Administrative Agent.

Payment of Obligation. The failure or refusal of any Company to pay (a) any principal payment contemplated by Sections Section 3.2(b) and 3.2(c) of this Agreement after such payment becomes due and payable hereunder, (b) any principal payment (other than those contemplated by Sections Section 3.2(b) and 3.2(c)) or interest payment contemplated to be made hereunder within 3 Business Days after demand therefor by Administrative Agent, (c) any amount contemplated to be paid hereunder in respect of fees, costs, expenses, expenses or indemnities within 10 Business Days after demand therefor by Administrative Agent and (d) any amount in respect of its reimbursement obligations in connection with any drawing under an L/C (including, without limitation, any L/C Borrowing) within 3 Business Days after demand therefor by Administrative Agent.

Payment of Obligation. The failure or refusal of any Company Borrower to pay --------------------- (ai) any principal payment contemplated by Sections Section 3.2(b) and 3.2(c) of this Agreement after such payment becomes due and payable hereunder, (bii) any principal payment (other than those contemplated by Sections Section 3.2(b) and 3.2(c)) or interest payment contemplated to be made hereunder within 3 10 Business Days after demand therefor by Administrative Agent, (ciii) any amount contemplated to be paid hereunder in respect of fees, costs, expenses, expenses or indemnities within 10 Business Days after demand therefor by Administrative Agent and (div) any amount in respect of its reimbursement obligations in connection with any drawing under an L/C (including, without limitation, any L/C Borrowing) within 3 Business Days after demand therefor by Administrative Agent.

Payment of Obligation. The failure or refusal of any Company to pay --------------------- (ai) any principal payment contemplated by Sections SECTION 3.2(b) and 3.2(c) of this Agreement after such payment becomes due and payable hereunder, (bii) any principal payment (other than those contemplated by Sections SECTION 3.2(b) and 3.2(c)) or interest payment contemplated to be made hereunder within 3 Business Days after demand therefor by Administrative Agent, (ciii) any amount contemplated to be paid hereunder in respect of fees, costs, expenses, expenses or indemnities within 10 Business Days after demand therefor by Administrative Agent and (div) any amount in respect of its reimbursement obligations in connection with any drawing under an L/C (including, without limitation, any L/C Borrowing) LC within 3 Business Days after demand therefor by Administrative Agent.