Common use of Nonpayment of Principal Clause in Contracts

Nonpayment of Principal. Any Borrower shall fail to pay when due any principal of the Notes; or

Appears in 7 contracts

Sources: Three Year Loan Agreement (Jabil Circuit Inc), Loan Agreement (Jabil Circuit Inc), 364 Day Loan Agreement (Jabil Circuit Inc)

Nonpayment of Principal. Any The Borrower shall fail fails to pay when due any principal of the Notes; or

Appears in 4 contracts

Sources: Loan Agreement (Pickens Boone), Loan Agreement (Clean Energy Fuels Corp.), Loan Agreement (Clean Energy Fuels Corp.)

Nonpayment of Principal. Any Borrower shall fail to pay when due any principal of the NotesNotes or any reimbursement obligation under Section 3.3 (whether by deemed disbursement of a Revolving Credit Loan or otherwise); or

Appears in 3 contracts

Sources: Credit Agreement (Handleman Co /Mi/), Credit Agreement (Handleman Co /Mi/), Credit Agreement (Handleman Co /Mi/)

Nonpayment of Principal. Any A Borrower shall fail to pay when due any principal of the NotesAdvances or any reimbursement obligation under Section 3.3; or

Appears in 1 contract

Sources: Credit Agreement (Universal Forest Products Inc)