Common use of Nonpayment Clause in Contracts

Nonpayment. (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 6 contracts

Samples: Credit Agreement (Bloom Energy Corp), Senior Credit Agreement (Advanced BioEnergy, LLC), Blocked Account Agreement (First United Ethanol LLC)

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Nonpayment. (i) The Any Borrower fails to pay (i) any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 5 contracts

Samples: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.)

Nonpayment. (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay Loan, any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 2 contracts

Samples: Credit Agreement (Renewable Energy Group, Inc.), Credit Agreement (Renewable Energy Group, Inc.)

Nonpayment. (i) The Any Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the any Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 2 contracts

Samples: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.)

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Nonpayment. (i) The Any Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the any Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days days after the same becomes due and payable.

Appears in 1 contract

Samples: Credit Agreement (ASAlliances Biofuels, LLC)

Nonpayment. (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) [***] Business Days after the same becomes due and payable.

Appears in 1 contract

Samples: Credit Agreement (Bloom Energy Corp)

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