Common use of Payment of Principal, Interest Clause in Contracts

Payment of Principal, Interest. The Borrower defaults in the payment of principal or interest due at the Loan Termination Date; or Borrower defaults for more than ten (10) days after the same shall be due, in the payment of principal or interest due at any other time on the Notes or for more than ten (10) days after demand by the Agent in the payment of any fees due under this Loan Agreement; or Borrower or any Guarantor shall default beyond any cure period applicable thereto in the prompt payment when due of any other indebtednesses, liabilities, or obligations to the Banks, whether now existing or hereafter created or arising, direct or indirect, absolute or contingent, including, but not limited to, the DGC Loan.