Common use of Payments Under Loan Documents Clause in Contracts

Payments Under Loan Documents. Any Loan Party shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation or any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

Payments Under Loan Documents. (i) Any Loan Party shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), of any Reimbursement Obligation or in respect of any Letter of Credit when and as the same shall become due and payable, whether at the due date thereof or Obligation at a date fixed for prepayment or any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;otherwise; or

Payments Under Loan Documents. Any The Borrower or any other Loan Party (i) shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation ) when it becomes due and payable or Letter of Credit or Obligation or (ii) shall fail to pay any interest on any Loan, Reimbursement Obligation or Obligation, Letter of Credit Obligation on or any other Obligation (other than principal of a Loan) when the date on which such principal, interest or other amount same becomes due in accordance with the terms hereof or thereofand payable and such default continues for more than three days;