Principal Payment Default. The Borrower shall fail to pay any principal of the Loan, when and as the same shall become due and payable, whether at the due date thereof, at a date fixed for prepayment thereof or otherwise.
Principal Payment Default. Default shall be made in the payment of any principal of any Loan or L/C Reimbursement Obligation when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or otherwise.
Principal Payment Default the Company shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;
Principal Payment Default. The Borrower defaults in the payment of any principal of any Loan or L/C Reimbursement Obligation when and as the same becomes due and payable, whether at maturity or at a date fixed for prepayment or by declaration or otherwise.
Principal Payment 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, whether at maturity as therein expressed, by proceedings for redemption, by declaration or otherwise;
Principal Payment Default. Failure by Borrower to make any principal payment required to be made hereunder within 5 days after the date when due; or
