Common use of Breach of this Agreement and the other Loan Documents Clause in Contracts

Breach of this Agreement and the other Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under Section 11.5, Section 12 or Section 13 of this Agreement or the failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any other provisions of this Agreement or any of the other Loan Documents that continues for a period of 14 Business Days following the occurrence thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (TPG Pace Holdings Corp.), Loan and Security Agreement (TPG Pace Holdings Corp.)

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Breach of this Agreement and the other Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under Section 11.5, Section 12 or Section 13 of this Agreement or the failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any other provisions of this Agreement or any of the other Loan Documents (other than as set forth in Section 15.1 above); provided that continues for a period any such failure by any Loan Party under subsections 12.1, 12.2.1, 12.2.4, 12.2.5, 12.2.6, 12.3, 12.6, 12.8 and 12.9 of 14 Business Days this Agreement or Section 1.3 and 1.8 of any Mortgage shall not constitute an Event of Default hereunder until the fifteenth (15th) day following the occurrence thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Lawson Products Inc/New/De/)

Breach of this Agreement and the other Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under Section 11.5, Section 12 or Section 13 of this Agreement or the failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any other provisions of this Agreement or any of the other Loan Documents Documents; provided that continues for any such failure by a period Loan Party under subsections 12.2.1, 12.2.4, 12.2.5, 12.2.6, 12.3 and 12.8 shall not constitute an Event of 14 Business Days Default hereunder until the thirteeth (30th) day following the occurrence thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (S&W Seed Co)

Breach of this Agreement and the other Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under Section 11.5, Section 12 or Section 13 of this Agreement or the failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any other provisions of this Agreement or any of the other Loan Documents Documents; provided that continues for any such failure by a period Loan Party under subsections 12.2.1, 12.2.4, 12.2.5, 12.2.6, 12.3 and 12.8 shall not constitute an Event of 14 Business Days Default hereunder until the 30th day following the occurrence thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (S&W Seed Co)

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Breach of this Agreement and the other Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under Section 11.5, Section 12 or Section 13 of this Agreement or the failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any other provisions of this Agreement or any of the other Loan Documents; provided that any such failure by a Loan Party under subsections 12.2.1, 12.2.4, 12.2.5, 12.2.6, 12.3 and 12.8 of this Agreement or by any Loan Party under any of the Loan Documents that shall not constitute an Event of Default hereunder unless such failure continues for a period past the thirtieth (30th) day following any Responsible Officer obtaining knowledge of 14 Business Days following the occurrence thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Broadwind Energy, Inc.)

Breach of this Agreement and the other Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under Section 11.5, Section 12 or Section 13 of this Agreement or the failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any other provisions of this Agreement or any of the other Loan Documents Documents; provided that continues for any such failure by a period Borrower under subsections 12.1, 12.2.1, 12.2.4, 12.2.5, 12.2.6, 12.3 and 12.8 of 14 Business Days this Agreement shall not constitute an Event of Default hereunder until the twentieth (20th) day following the occurrence thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Manitex International, Inc.)

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