Failure to Make. Payments When Due --------------------------------- Failure to pay any installment of principal of the Bridge Loan when due, whether at stated maturity, by acceleration, by notice of prepayment or otherwise (whether or not such payment is prohibited by Section 8); or failure to pay any interest on the Bridge Loan or any other amount due under this Agreement within five days or more after the date due (whether or not such payment is prohibited by Section 8); or
Appears in 2 contracts
Sources: Senior Subordinated Credit Agreement (Advanced Glassfiber Yarus LLC), Senior Subordinated Credit Agreement (BGF Industries Inc)