Common use of Other Payment Defaults Clause in Contracts

Other Payment Defaults. Any Obligor shall fail to pay any Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days.

Appears in 33 contracts

Sources: Credit Agreement (Neuronetics, Inc.), Credit Agreement (Nevro Corp), Credit Agreement (Apyx Medical Corp)

Other Payment Defaults. Any Obligor shall fail to pay interest or any other Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days.

Appears in 11 contracts

Sources: Credit Agreement and Guaranty (Verona Pharma PLC), Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.), Credit Agreement and Guaranty (Harrow, Inc.)

Other Payment Defaults. Any Obligor shall fail to pay any Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three five (35) Business Days.

Appears in 3 contracts

Sources: Credit Agreement (Zymergen Inc.), Credit Agreement (Zymergen Inc.), Credit Agreement (Invitae Corp)

Other Payment Defaults. Any Obligor shall fail to pay interest or any other Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, payable and such failure shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Sources: Super Priority Senior Secured Priming Debtor in Possession Credit Agreement (Tpi Composites, Inc), Credit Agreement (Tpi Composites, Inc)

Other Payment Defaults. Any Obligor The Obligors shall fail to pay interest or any other Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days.

Appears in 2 contracts

Sources: Credit Agreement (scPharmaceuticals Inc.), Credit Agreement (Fractyl Health, Inc.)

Other Payment Defaults. Any Obligor shall fail to pay interest or any other Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three five (35) Business Days.

Appears in 2 contracts

Sources: Credit Agreement (Marinus Pharmaceuticals, Inc.), Credit Agreement (Establishment Labs Holdings Inc.)

Other Payment Defaults. Any Obligor The Obligors shall fail to pay interest or any other Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three five (35) Business Days.

Appears in 2 contracts

Sources: Credit Agreement (Seres Therapeutics, Inc.), Credit Agreement (scPharmaceuticals Inc.)

Other Payment Defaults. Any Obligor shall fail to pay any Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business DaysDays of the due date thereof.

Appears in 1 contract

Sources: Notes Purchase Agreement and Guaranty (MeiraGTx Holdings PLC)

Other Payment Defaults. Any Obligor shall fail to pay interest or any other Obligation (other than an amount referred to in Section 11.01(aβ€Ž11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Athenex, Inc.)

Other Payment Defaults. Any Obligor shall fail to pay any Obligation (other than an amount referred to in Section 11.01(a)) when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) Business Days.

Appears in 1 contract

Sources: Credit Agreement (Outset Medical, Inc.)

Other Payment Defaults. Any Obligor shall fail to pay any Obligation (other than an amount referred to in Section 11.01(a)) when 11 .01(a))when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three (3) five Business Days.

Appears in 1 contract

Sources: Credit Agreement (Aquestive Therapeutics, Inc.)