Common use of Payments Under Loan Documents Clause in Contracts

Payments Under Loan Documents. The Borrower shall (i) fail to pay any principal of any Loan when due or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 6 contracts

Samples: Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/)

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Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal or accrued interest of any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity) when due due, or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other any Loan Documents within five three (53) Business Days days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 3 contracts

Samples: Credit Agreement (ExOne Co), Credit Agreement (ExOne Co), Credit Agreement (ExOne Co)

Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal of any Term Loan (including scheduled installments, mandatory prepayments or the payment due at maturity) when such principal is due hereunder or (ii) shall fail to pay any interest on any Loan Term Loan, or any other amount owing hereunder or under the other Loan Documents within five three (53) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 2 contracts

Samples: Note Pledge Agreement (Arch Coal Inc), Credit Agreement (Mountain Coal Co LLC)

Payments Under Loan Documents. The Either Borrower shall fail to pay (i) fail to pay any principal of any Loan (including scheduled installments or mandatory prepayments, if any, or the payment due at maturity) when such principal is due hereunder or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 2 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Ace LTD)

Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal of or interest on any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), when such principal becomes due and in the case of interest, within three Business Days after the same becomes due or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within on or before five (5) Business Days days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Loan Agreement (BioFuel Energy Corp.)

Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal of any or interest on the Loan (including mandatory prepayments or the payment due at maturity), when such principal becomes due or and in the case of interest, within three Business Days after the same becomes due, (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within on or before five (5) Business Days days after such interest or other amount becomes due in accordance with the terms hereof or thereofthereof or (iii) shall fail to issue the Warrant pursuant to Section 4.3.2, in accordance with the terms hereof;

Appears in 1 contract

Samples: Loan Agreement (BioFuel Energy Corp.)

Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal of any Loan (including scheduled installments or mandatory prepayments, if any, or the payment due at maturity) when such principal is due hereunder or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

Payments Under Loan Documents. The Borrower Borrowers shall fail to pay (i) fail to pay any principal of any Loan when (including scheduled installments, mandatory prepayments or the payment due at maturity) or (ii) shall fail to pay Letter of Credit or Obligation or any interest on any Loan or L/C Obligation on the date which such principal or interest becomes due in accordance with the terms hereof or (ii) any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereofthereof and such failure continues for five (5) days;

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

Payments Under Loan Documents. The Borrower shall (i) shall fail to pay any principal of any Loan when (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Borrowing after such principal amount becomes due or (ii) shall fail to pay for more than five (5) Business Days any interest on any Loan Loan, Reimbursement Obligation or Letter of Credit Borrowing or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Westmoreland Coal Co)

Payments Under Loan Documents. The Borrower shall (i) fail to pay any principal of any Loan when the Term Loan, on the date on which such principal is due or (ii) shall fail to pay any interest on any the Term Loan or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after 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: Term Loan Agreement (Ipalco Enterprises, Inc.)

Payments Under Loan Documents. The Any Borrower shall fail to pay (i) fail to pay any principal of any Loan (including scheduled installments or mandatory prepayments, if any, or the payment due at maturity) when such principal is due hereunder or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Assured Guaranty LTD)

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Payments Under Loan Documents. The Borrower shall (i) fail to pay any principal of any Loan Loan, Reimbursement Obligation or Letter of Credit Borrowing when due or (ii) shall fail to pay any interest on any Loan Loan, Reimbursement Obligation or Letter of Credit Borrowing or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Federated Investors Inc /Pa/)

Payments Under Loan Documents. The 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), when such principal is due hereunder or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within five three (53) Business Days after such interest interest, or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Facility Agreement (New Jersey Resources Corp)

Payments Under Loan Documents. The Borrower shall (i) fail to pay any principal of any Loan when due or (ii) shall fail to pay (i)any principal of any Term Loan (including scheduled installments, mandatory prepayments or the payment due at maturity) when such principal is due hereunder or (ii)any interest on any Term Loan or any other amount owing hereunder or under the other Loan Documents within five three (53) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereof;; 8.1.2.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Payments Under Loan Documents. The 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) when due or due, (ii) shall fail to pay any interest on any Loan Loan, or any other amount owing hereunder or under the other Loan Documents within five three (53) Business Days when due after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Credit Agreement (Party City Corp)

Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal of any or interest on the Loan (including mandatory prepayments or the payment due at maturity), when such principal becomes due or, in the case of interest only, within three (3) Business Days after the same becomes due or (ii) shall fail to pay any interest on any Loan or any other amount owing hereunder or under the other Loan Documents within five (5) Business Days days after such interest or other amount becomes due in accordance with the terms hereof or thereof;

Appears in 1 contract

Samples: Loan Agreement (Green Brick Partners, Inc.)

Payments Under Loan Documents. The Borrower shall fail to pay (i) fail to pay any principal of any Loan when (including scheduled installments, mandatory prepayments or the payment due at maturity) or (ii) shall fail to pay any interest on any Loan on the date which such principal or interest becomes due in accordance with the terms hereof or (ii) any other amount owing hereunder or under the other Loan Documents within five (5) Business Days after on the date on which such interest or other amount becomes due in accordance with the terms hereof or thereofthereof and such failure continues for five (5) days;

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

Payments Under Loan Documents. The Borrower shall (i) fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity) or Obligation when due, or the Borrower shall, within five (5) days of the due or (ii) shall date, fail to pay any interest on any Loan or any other amount owing hereunder or owed under the other Loan Documents within five (5) Business Days after such interest or other amount becomes due in accordance with the terms hereof or thereofDocuments;

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

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