Principal Default if the Borrower fails to pay the principal of any Loan hereunder when due and payable;
Principal Default default in the due and punctual payment of the principal or Redemption Price of any Bond when and as the same shall become due and payable;
Principal Default. Default shall be made in the payment of any principal of any of the Revolving Notes or any of the Revolving Loan when and as the same shall become due and payable, whether at maturity or otherwise; or
Principal Default. Whenever the Principal shall be, and is declared by the Obligee to be in default under the Subcontract, the Surety shall promptly remedy the default, or shall promptly:
Principal Default if the Borrower fails to pay the principal amount of any Loan when due and payable hereunder; (b) Other Payment Default: if the Borrower fails to pay:
Principal Default. Default shall be made in the payment of any principal of any of the Notes or any of the Loans when and as the same shall become due and payable, whether at maturity or otherwise and such default shall continue uncorrected for a period of five (5) days; or
Principal Default. 58 Section 9.02
Principal Default. Default shall be made in the payment of any principal of the Loan required to be made by the terms of this Agreement when and as the same shall become due and payable; or
Principal Default. Whenever the Principal shall be, and is declared by the Obligee to be in default under the Trade Contract, with the Obligee having performed its obligations in the Trade Contract, the Surety after receipt of written notice of the default from the Obligee may promptly remedy the default, or shall promptly:
Principal Default. 37 Section 9.02
