Payment of Principal, Interest. If DGC defaults in the payment of principal or interest due on the Notes on June 30, 2004; or DGC 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 DGC, DGFS or any Agency Subsidiary shall default beyond any cure period applicable thereto in the prompt payment when due of any other indebtednesses, liabilities, or obligations to the Banks and/or DGFS Banks, whether now existing or hereafter created or arising, direct or indirect, absolute or contingent, including, but not limited to, the DGFS Loan.
Appears in 1 contract
Sources: Loan Agreement (Direct General Corp)
Payment of Principal, Interest. If DGC defaults in the payment of principal or interest due on the Notes Note on June 30December 31, 20042005; or DGC 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 Note or for more than ten (10) days after demand by the Agent Bank in the payment of any fees due under this Loan Agreement; or DGC, DGFS or any Agency Subsidiary shall default beyond any cure period applicable thereto in the prompt payment when due of any other indebtednesses, liabilities, or obligations to the Bank, the DGC Banks and/or DGFS Banks, whether now existing or hereafter created or arising, direct or indirect, absolute or contingent, including, but not limited to, the Prior DGC Loan and the DGFS Loan.
Appears in 1 contract
Sources: Loan Agreement (Direct General Corp)