Common use of Breaches of Other Obligations Clause in Contracts

Breaches of Other Obligations. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might have a Material Adverse Effect on such Obligor.

Appears in 9 contracts

Samples: Loan and Security Agreement (Amcon Distributing Co), Loan and Security Agreement (Autocorp Equities Inc), Loan and Security Agreement (Polyair Inter Pack Inc)

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Breaches of Other Obligations. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might could reasonably be expected to have a Material Adverse Effect on such Obligor.

Appears in 3 contracts

Samples: Loan and Security Agreement (Apac Customer Service Inc), Loan and Security Agreement (Apac Customer Service Inc), Loan and Security Agreement (Hartville Group Inc)

Breaches of Other Obligations. The failure of any Obligor to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might could reasonably be expected to have a Material Adverse Effect on such Obligor.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Perry-Judds Inc), Loan and Security Agreement (Sri Surgical Express Inc)

Breaches of Other Obligations. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person Person, after giving effect to any applicable cure period under any such agreement, if such failure might have a Material Adverse Effect on such Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Wells Gardner Electronics Corp)

Breaches of Other Obligations. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might have a Material Adverse Effect on such Obligor, any Event of Default under the Credit Agreement with respect to the Intercompany Loans or any Event of Default under the documentation with respect to the BofA equipment Leasing Indebtedness.

Appears in 1 contract

Samples: Loan and Security Agreement (Amcon Distributing Co)

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Breaches of Other Obligations. (i) The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might could reasonably be expected to have a Material Adverse Effect on such ObligorObligor or (ii) the occurrence of any “Event of Default” under the First Lien Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Apac Customer Service Inc)

Breaches of Other Obligations. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might have a Material Adverse Effect on such Obligor, including under any subordination agreement relative to Subordinated Debt of such Obligor, or any agreement, instrument or document evidencing or relating to such Subordinated Debt.

Appears in 1 contract

Samples: Loan and Security Agreement (Cti Industries Corp)

Breaches of Other Obligations. (i) The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under any other agreement with any Person if such failure might could reasonably be expected to have a Material Adverse Effect on such ObligorObligor or (ii) the occurrence of any “Event of Default” under the Second Lien Loan Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Apac Customer Service Inc)

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