Common use of Principal and Interest Payments Clause in Contracts

Principal and Interest Payments. Borrower fails to make payment when due of any installment of principal or interest on any of the Revolving Credit Notes or the Indebtedness within fifteen (15) days of the date thereof, or Borrower fails to pay when due any payment due hereunder or under any of the Loan Documents within fifteen (15) days of the due date thereof; or

Appears in 2 contracts

Samples: Loan Agreement (Amsurg Corp), Loan Agreement (Amsurg Corp)

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Principal and Interest Payments. Borrower fails to make payment when due of any installment of principal or interest on any of the Revolving Credit Notes or any of the Term Notes or the Indebtedness within fifteen (15) days of the date thereof, or Borrower fails to pay when due any payment due hereunder or under any of the Loan Documents within fifteen (15) days of the due date thereof; or

Appears in 2 contracts

Samples: Loan Agreement (Amsurg Corp), Loan Agreement (Amsurg Corp)

Principal and Interest Payments. The Borrower fails to make payment when due of any installment of principal or interest installment on any of the Revolving Credit Notes or the Indebtedness to the Lender within fifteen (15) days of after the date thereof, or Borrower fails to pay when same shall become due any payment due hereunder or under any of the Loan Documents within fifteen (15) days of the due date thereof; orand payable.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Reading & Bates Corp)

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Principal and Interest Payments. Borrower fails to make payment when due of any installment of principal or interest on any of the Revolving Credit Notes Note or the Term Note or the Indebtedness within fifteen (15) days of the date thereof, or Borrower fails to pay when due any payment due hereunder or under any of the Loan Documents within fifteen (15) days of the due date thereof; or

Appears in 1 contract

Samples: Loan Agreement (Amsurg Corp)

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