Common use of Nonpayment Clause in Contracts

Nonpayment. (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 6 contracts

Sources: Credit Agreement (Bloom Energy Corp), Senior Credit Agreement (Advanced BioEnergy, LLC), Senior Credit Agreement (First United Ethanol LLC)

Nonpayment. (i) The Any Borrower fails to pay (i) any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 5 contracts

Sources: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.)

Nonpayment. (i) The Any Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the any Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 2 contracts

Sources: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.)

Nonpayment. (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay Loan, any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 2 contracts

Sources: Credit Agreement (Renewable Energy Group, Inc.), Credit Agreement (Renewable Energy Group, Inc.)

Nonpayment. Any Borrower or any Guarantor fails to pay (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.

Appears in 1 contract

Sources: Debt Agreement

Nonpayment. (i) The Any Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the any Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days days after the same becomes due and payable.

Appears in 1 contract

Sources: Credit Agreement (ASAlliances Biofuels, LLC)

Nonpayment. (i) The Borrower fails to pay any amount of principal of any Loan when the same becomes due and payable or (ii) the Borrower fails to pay any interest on any Loan or any fee or other Obligation or amount payable hereunder or under any other Financing Document within three (3) [***] Business Days after the same becomes due and payable.

Appears in 1 contract

Sources: Credit Agreement (Bloom Energy Corp)

Nonpayment. (i) The Any Borrower fails shall fail to pay when due any amount of principal of any Loan when the same becomes due and payable Loan, or (ii) the Borrower fails shall fail to pay within three Business Days of when due any interest on any Loan the Note or any fee fees or any other Obligation or amount payable hereunder or under any other Financing Document within three (3) Business Days after the same becomes due and payable.hereunder; or

Appears in 1 contract

Sources: Loan Agreement (Digital Cinema Destinations Corp.)