Failure by Borrower Sample Clauses

Failure by Borrower to perform obligation not involving the payment of money, or to comply with any other term or condition applicable to Borrower under any Loan Document, and after the expiration of 30 days written notice of such failure by Lender to Borrower and Trustee, provided that if Borrower cannot reasonably cure such failure within such 30 day period, such 30 day period may be extended for a reasonable period not in excess of 90 days from the date of Lender’s notice to cure such failure provided that Borrower has commenced such cure within such 30 day period and diligently thereafter proceeds to effect such cure.
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Failure by Borrower to perform any obligation not involving the payment of money, or to comply with any other term or condition applicable to Borrower, under any Loan Document and, if such failure is curable, the expiration of thirty (30) days after written notice of such failure by Bank to Borrower; provided, however, that if such failure is not curable 58 65 within thirty (30) days and Borrower diligently commences and prosecutes such cure following receipt of such notice, such failure shall not constitute a default if it is cured within sixty (60) days after such notice.
Failure by Borrower to (i) furnish financial information when due or requested, or (ii) permit the inspection of its books or records as set forth in Section 4.10;
Failure by Borrower any Corporate Guarantor or the Individual Guarantor to observe or perform any agreement, condition, undertaking, term, provision or covenant (other than the covenants set forth in Paragraph 6.1.12 hereof) in this Agreement, the Notes or any Loan Document, by, between or among BORROWER or any Corporate Guarantor and BANK;
Failure by Borrower or Guarantors to perform all terms and conditions contained in this Agreement shall constitute a default hereunder and, at the option of Bank, this Agreement shall be of no further force and effect.
Failure by Borrower to generally pay its debts as such debts become due, unless the delinquent payment of a particular debt is consistent with Borrower's prior custom and practice and does not otherwise result in or contribute to a covenant violation or other Event of Default under this Agreement.
Failure by Borrower to pay any monetary amount when due under any Loan Document and the expiration of ten (10) days after written notice of such failure by Lender to Borrower.
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Failure by Borrower to perform any obligation not involving the payment of money (including, without limitation, FDC's failure to comply with the financial covenants set forth in SECTION 10.21), or to comply with any other term or condition applicable to Borrower under any Loan Document and the expiration of thirty (30) days after written notice of such failure by Lender to Borrower.

Related to Failure by Borrower

  • Default by Borrower Upon the occurrence of any event of default under the Loan, Administrative Agent may accelerate payment under the Loan and/or under any note or notes evidencing the Loan, and shall institute such legal proceedings and take such other actions (“Enforcement Actions”) as are in its opinion necessary and appropriate to collect the Debt then due under the Loan, to enforce the security therefor, and to protect and preserve the respective rights and interests of Lender and the Participants. If Lender and Participants are unable to recover from Borrower the entire amount of fees, costs and expenses of all Enforcement Actions, then each Participant shall contribute to such portion as is not recovered from Borrower, ratably in accordance with its Participant Share.

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