Common use of Payments Under Loan Documents Clause in Contracts

Payments Under Loan Documents. The Borrower shall fail to pay: (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Obligation on the date on which such payment becomes due in accordance with the terms hereof or thereof, or (ii) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 9 contracts

Samples: Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co), Credit Agreement (Hallador Energy Co)

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Payments Under Loan Documents. The Any Borrower shall fail to pay: (i) fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Obligation on the date on which Borrowing after such payment principal becomes due in accordance with the terms hereof or thereofunder any other Loan Document, or (ii) fail to pay any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation Borrowing or any other amount owing hereunder or under the other Loan Documents Documents, within three (3) Business Days of the date on which days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 4 contracts

Samples: Credit Agreement (Super Test Petroleum Inc), Credit Agreement (Independent Gasoline & Oil Co of Rochester), Credit Agreement (Vulcan Asphalt Refining Corp)

Payments Under Loan Documents. The Any Borrower shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment principal amount becomes due in accordance with the terms hereof or thereofhereof, or (ii) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of days after the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 3 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)

Payments Under Loan Documents. The Borrower shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Obligation on the date on which Borrowing when such payment becomes principal is due in accordance with the terms hereof or thereof, hereunder or (ii) any interest on any Loan, Facility Fee, 364-Day Facility Fee, Reimbursement Obligation or Letter of Credit Obligation Borrowing or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which after such interest interest, fee or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 3 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Payments Under Loan Documents. The Borrower Borrowers shall fail to pay: pay (ia) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment principal becomes due in accordance with the terms hereof or thereof, or (iib) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 3 contracts

Samples: Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Johnson Outdoors Inc), Credit Agreement (Johnson Outdoors Inc)

Payments Under Loan Documents. The Borrower Borrowers shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment principal amount becomes due in accordance with the terms hereof or thereofhereof, or (ii) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of after the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 2 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (CALGON CARBON Corp)

Payments Under Loan Documents. The Borrower shall fail to pay: (i) pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Obligation on the date on which Borrowing after such payment principal amount becomes due in accordance with the terms hereof of the Loan Documents or thereof, or shall fail to pay within three (ii3) days of the due date thereof any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation Borrowing or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Elgin National Industries Inc)

Payments Under Loan Documents. The Borrower Borrowers shall fail to pay: (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), ) or any Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment principal or other amount becomes due in accordance with the terms hereof or thereof, or (ii) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three two (32) Business Days calendar days of the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (DLH Holdings Corp.)

Payments Under Loan Documents. The Any Borrower (x) shall fail to pay: (i) pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Obligation on the date on which such payment becomes due in accordance with the terms hereof or thereof, Borrowing or (iiy) shall fail to pay any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation Borrowing when due in accordance with the terms hereof or any other amount owing hereunder or under the other Loan Documents within and such failure to pay interest or other amount shall continue for three (3) Business Days of the date on which after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Revolving Credit Agreement (Tb Woods Corp)

Payments Under Loan Documents. The Any Borrower shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which after such payment principal becomes due in accordance with the terms hereof or thereofunder any other Loan Document, or (ii) shall fail to pay any interest on any Loan, Reimbursement Obligation or Letter of Credit Credit, or Obligation or any other amount owing hereunder or under the other Loan Documents Documents, within three (3) Business Days of the date on which days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Country Fair Inc)

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Payments Under Loan Documents. The Any Borrower shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Obligation on the date on which Borrowing after such payment principal becomes due in accordance with the terms hereof or thereofunder any other Loan Document, or (ii) shall fail to pay any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation Borrowing or any other amount owing hereunder or under the other Loan Documents Documents, within three (3) Business Days of the date on which days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Bell Oil Corp)

Payments Under Loan Documents. The Borrower shall fail to pay: (ia) pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment principal amount becomes due in accordance with the terms hereof or thereof, or (iib) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Echo Global Logistics, Inc.)

Payments Under Loan Documents. The Borrower Borrowers shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), ) or any Reimbursement Obligation or Letter of Credit Obligation on the date on which such payment principal or Reimbursement Obligation becomes due in accordance with the terms hereof or thereof, or (ii) any interest on any Loan, Reimbursement Obligation or any Commitment Fee, any Letter of Credit Obligation Fee or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

Payments Under Loan Documents. The Borrower shall fail to pay: pay (i) any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment amount becomes due in accordance with the terms hereof or thereofunder the other Loan Documents, or (ii) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of the date on which such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Superior Well Services, INC)

Payments Under Loan Documents. The Borrower shall fail to pay: (i) pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation on the date on which such payment becomes due in accordance with the terms hereof or thereof, or (ii) any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents within three (3) Business Days of on the date on which such interest or other amount principal becomes due in accordance with the terms hereof or thereof and, in the case of interest or any other amount, within three (3) Business Days of such interest or other amount becoming due in accordance with the terms hereof or thereof;; 9.1.2

Appears in 1 contract

Samples: Credit Agreement (Gentex Corp)

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