Principal or Interest. The Company fails to pay any installment of principal of or interest on the Loans or the Term Loan within 5 days after the date it is due and payable (whether at maturity, by notice of intention to prepay, or otherwise) or fails to pay within 10 days after written notice that any other amount is due and payable under any Loan Document;
Appears in 1 contract
Sources: Revolving Credit Agreement (Chemical Leaman Corp /Pa/)
Principal or Interest. The Company fails to pay any installment of principal of or interest on the Loans or the Term Loan within 5 days after the date it is due and payable (whether at maturity, by notice of intention to prepay, or otherwise) or fails to pay within 10 days after written notice that any other amount is due and payable under any Loan Document;:
Appears in 1 contract
Sources: Revolving Credit Agreement (Chemical Leaman Corp /Pa/)