Common use of Breach or Default Clause in Contracts

Breach or Default. Borrower shall notify Lender immediately upon the occurrence of any circumstance which: (a) makes any representation or warranty of Borrower contained in this Agreement or any other Loan Document incorrect or misleading in any material respect; or (b) constitutes an Event of Default.

Breach or Default. Borrower shall notify Lender immediately upon the occurrence of any circumstance which: (a) makes any representation or warranty of Borrower contained in this Agreement or any other Loan Document incorrect or misleading in any material respect; or (b) constitutes a Default or an Event of Default; or (c) which might adversely affect the Client Loans, taken as a whole.

Breach or Default. Borrower shall notify Lender immediately upon the occurrence of any circumstance which: (a) makes any representation or warranty of Borrower contained in this Agreement or any other Loan Document incorrect or misleading in any material respect; or (b) constitutes an Event of DefaultDefault or (c) which might adversely affect the Client Loans, taken as a whole.

Breach or Default. Borrower shall notify Lender immediately upon the occurrence of any circumstance which: (a) makes any representation or warranty of Borrower Borrower, any guarantor or any other obligor contained in this Agreement or any other Loan Document incorrect or misleading materially misleading; (b) puts Borrower, any guarantor or any other obligor other than in full compliance with all of Borrower's covenants and agreements contained in this Agreement or any material respectother Loan Document; or (bc) constitutes an Event of DefaultDefault under this Agreement.