Common use of Failure to Make Payments Clause in Contracts

Failure to Make Payments. The Company or any other Borrower shall (i) default in the payment when due of any principal of the Advances, and such default shall continue unremedied for one or more Business Days or (ii) default, and such default shall continue unremedied for ten or more days, in the payment when due of any interest on the Advances or (iii) default, and such default shall continue unremedied for 30 or more days from the date of notice of such default, in the payment when due of any fees or any other amounts owing hereunder; or

Appears in 3 contracts

Sources: Five Year Credit Agreement (Eastman Chemical Co), Five Year Credit Agreement (Eastman Chemical Co), Five Year Credit Agreement (Eastman Chemical Co)

Failure to Make Payments. The Company or any other Borrower shall (i) default in the payment when due of any principal of the Advances, and such default shall continue unremedied for one or more Business Days or (ii) default, and such default shall continue unremedied for ten or more days, in the payment when due of any interest on the Advances or (iii) default, and such default shall continue unremedied for 30 thirty or more days from the date of notice of such default, in the payment when due of any fees or any other amounts owing hereunder; or

Appears in 2 contracts

Sources: Five Year Credit Agreement (Eastman Chemical Co), Credit Agreement (Eastman Chemical Co)

Failure to Make Payments. The Company or any other Borrower shall (i) default in the payment when due of any principal of the Advances, and such default shall continue unremedied for one or more Business Days Loans or (ii) default, and such default shall continue unremedied for ten five or more daysBusiness Days, in the payment when due of any interest on the Advances Loans or (iii) default, and such default shall continue unremedied for 30 ten or more days from the date of after notice of such default, in the payment when due of any fees or any other amounts owing hereunder; or.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Eastman Kodak Co), Credit Agreement (Eastman Kodak Co)

Failure to Make Payments. The Company or any other Borrower shall (i) default in the payment when due of any principal of the Advances, and such default shall continue unremedied for one or more Business Days or (ii) default, and such default shall continue unremedied for ten or more days, in the payment when due of any interest on the Advances or (iii) default, and such default shall continue unremedied for 30 thirty or more days from the date of notice of such default, in the payment when due of any fees or any other amounts owing hereunder; or

Appears in 1 contract

Sources: Term Loan Agreement (Eastman Chemical Co)

Failure to Make Payments. The Company or any other Borrower shall (i) default in the payment when due of any principal of the Advances, and such default shall continue unremedied for one or more Business Days or (ii) default, and such default shall continue unremedied for ten or more days, in the payment when due of any interest on the Advances or (iii) default, and such default shall continue unremedied for 30 or more days from the date of notice of such default, in the payment when due of any fees or any other amounts owing hereunder; or.

Appears in 1 contract

Sources: Credit Agreement (Eastman Chemical Co)

Failure to Make Payments. The Company or any other Borrower shall (i) default in the payment when due of any principal of the Advances, and such default shall continue unremedied for one or more Business Days or (ii) default, and such default shall continue unremedied for ten or more days, in the payment when due of any interest on the Advances or (iii) default, and such default shall continue unremedied for 30 thirty or more days from the date of notice of such default, in the payment when due of any fees or any other amounts owing hereunder; or

Appears in 1 contract

Sources: Term Loan Agreement (Eastman Chemical Co)