Non-Payment of Principal Sample Clauses

Non-Payment of Principal the Borrower shall fail to pay any principal of any Loan or any L/C Obligation when the same becomes due and payable; or
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Non-Payment of Principal. Default in the payment of the principal amount of or premium, if any, on any Loan or any Unpaid Drawing when due at its Stated Maturity, upon optional redemption, upon required repurchase, upon declaration or otherwise;
Non-Payment of Principal. Any Borrower fails to make when due, whether by acceleration or otherwise, any payment of principal required to be made by that Borrower under this Agreement or any other Document.
Non-Payment of Principal. The Borrower fails to pay when due any principal of any Advance; or
Non-Payment of Principal any payment of principal is not paid when due; or
Non-Payment of Principal. The Borrower defaults in the payment of the principal of any Extended Loan, when the same becomes due and payable, whether at the due date thereof, upon acceleration or otherwise; or
Non-Payment of Principal. Any principal of the Term Loan or the Revolving Credit Facility is not paid on the due date; or
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Non-Payment of Principal. The principal amount due upon any Loan or LC Disbursement is not paid when due, whether at maturity, by acceleration or otherwise, or any Borrower shall fail to deposit any funds as cash collateral in respect of LC Disbursements as required hereunder; or
Non-Payment of Principal the Issuer fails to pay in the Specified Currency the principal of any of the Notes when due and such failure continues for a period of 10 days; or
Non-Payment of Principal. Any Borrower fails to make when due, whether by acceleration or otherwise, any scheduled payment of principal required to be made under this Agreement or any other Document, or any Borrower fails to make when due any other non-scheduled payment or mandatory prepayment of principal and that failure to make when due any other non-scheduled payment or mandatory prepayment of principal continues for two Business Days after either the Borrower has become aware of such failure or the Agent has notified the Borrower of such failure.
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