Common use of Borrower's Failure to Pay Clause in Contracts

Borrower's Failure to Pay. The Borrower fails to pay any amount of ------------------------- principal interest, fees or other sums as and when due under this Agreement or any of the Loan Documents, or any other Obligations, whether upon stated maturity, acceleration, or otherwise.

Appears in 1 contract

Sources: Loan Agreement (Astropower Inc)

Borrower's Failure to Pay. The Borrower fails to pay any amount of ------------------------- principal principal, interest, fees or other sums as and when due under this Agreement or Agreement, any of the other Loan Documents, any other Obligation or any other ObligationsSwap Agreement, whether upon stated maturity, acceleration, or otherwise.

Appears in 1 contract

Sources: Loan Agreement (Blonder Tongue Laboratories Inc)

Borrower's Failure to Pay. The Borrower fails to pay any amount of ------------------------- principal principal, interest, fees or other sums as and when due under this Agreement or any of the other Loan Documents, or any other Obligations, whether upon stated maturity, acceleration, or otherwise.

Appears in 1 contract

Sources: Revolving Credit Agreement (Environmental Tectonics Corp)