Common use of Breaches of Covenants Clause in Contracts

Breaches of Covenants. Borrower shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Loan Agreement or any other Loan Document and (i) such failure shall continue for ten (10) Business Days, or (ii) if such failure is not curable within such ten (10) Business Day period, but is reasonably capable of cure within thirty (30) Business Days, either (A) such failure shall continue for thirty (30) Business Days or (B) Borrower shall not have commenced a cure in a manner reasonably satisfactory to Lender within the initial ten (10) Business Day period; or

Appears in 10 contracts

Samples: Intercompany Revolving Loan Agreement (Apollo Medical Holdings, Inc.), Intercompany Revolving Loan Agreement (Apollo Medical Holdings, Inc.), Revolving Loan Agreement (Sustainable Environmental Technologies Corp)

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Breaches of Covenants. Borrower shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Amended and Restated Loan Agreement or any other Loan Document and (i) such failure shall continue for ten (10) Business Days, or (ii) if such failure is not curable within such ten (10) Business Day period, but is reasonably capable of cure within thirty (30) Business Days, either (A) such failure shall continue for thirty (30) Business Days or (B) Borrower shall not have commenced a cure in a manner reasonably satisfactory to Lender within the initial ten (10) Business Day period; or

Appears in 3 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement (Palm Inc), Intercompany Loan Agreement (Palmsource Inc)

Breaches of Covenants. Borrower shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Loan Credit Agreement or any other Loan Document and (i) such failure shall continue for ten (10) Business Days, or (ii) if such failure is not curable within such ten (10) Business Day period, but is reasonably capable of cure within thirty (30) 30 Business Days, either (A) such failure shall continue for thirty (30) 30 Business Days or (B) Borrower shall not have commenced a cure in a manner reasonably satisfactory to Lender within the initial ten (10) Business Day period; or

Appears in 1 contract

Samples: Intercompany Credit Agreement (Modem Media Poppe Tyson Inc)

Breaches of Covenants. Borrower shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Loan Agreement or any the other Loan Document Transaction Documents and (i) such failure shall continue for ten fifteen (1015) Business Daysdays, or (ii) if such failure is not curable within such ten fifteen (1015) Business Day day period, but is reasonably capable of cure within thirty (30) Business Daysdays, either (A) such failure shall continue for thirty (30) Business Days days or (B) Borrower shall not have commenced a cure in a manner reasonably satisfactory to Lender within the initial ten fifteen (1015) Business Day day period; or

Appears in 1 contract

Samples: Convertible Loan Agreement (X-Factor Communications Holdings, Inc.)

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Breaches of Covenants. Borrower shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Loan Agreement or any other Loan Document and (iA) such failure shall continue for ten (10) Business Days, or (iiB) if such failure is not curable within such ten (10) Business Day period, but is reasonably capable of cure within thirty (30) Business Days, either (A1) such failure shall continue for thirty (30) Business Days Days, or (B2) Borrower shall not have commenced a cure in a manner reasonably satisfactory to Lender within the initial ten (10) Business Day period; or

Appears in 1 contract

Samples: Second Intercompany Revolving Loan Agreement (Biofrontera Inc.)

Breaches of Covenants. Borrower shall fail to observe or perform any other covenant, obligation, condition or agreement contained in this Loan Credit Agreement or any other Loan Document and (i) such failure shall continue for ten (10) Business Days, or (ii) if such failure is not curable within such ten (10) Business Day period, but is reasonably capable of cure within thirty (30) Business Days, either (A) such failure shall continue for thirty (30) Business Days or (B) Borrower shall not have commenced a cure in a manner reasonably satisfactory to Lender within the initial ten (10) Business Day period; or

Appears in 1 contract

Samples: Intercompany Credit Agreement (Tn Technologies Holding Inc)

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