Common use of Covenant Default Clause in Contracts

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or 6.7 or violates any of the covenants contained in Section 7 of this Agreement, or

Appears in 22 contracts

Samples: Loan and Security Agreement (Ikanos Communications), Loan and Security Agreement (Zars Inc/Ut), Loan and Security Agreement (Kosan Biosciences Inc)

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Covenant Default. (a) If Borrower fails or neglects to perform any obligation under in Sections 6.2 6.2, 6.4, 6.5, 6.6, or 6.7 or violates any of the covenants contained covenant in Section 7 of this Agreement, 7; or

Appears in 4 contracts

Samples: Loan Agreement (Response Biomedical Corp), Loan Agreement (Response Biomedical Corp), Loan and Security Agreement (Strasbaugh)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 6.3, 6.6, 6.7, 6.8, 6.9, 6.10 or 6.7 6.11 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 4 contracts

Samples: Loan and Security Agreement (E Loan Inc), Loan Modification Agreement (Art Technology Group Inc), Loan and Security Agreement (Concord Communications Inc)

Covenant Default. (a) If Borrower fails or neglects to perform any obligation under in Sections 6.2 or 6.7 6.2, 6.5, 6.6, 6.7, or violates any of the covenants contained covenant in Section 7 of this Agreement, 7; or

Appears in 3 contracts

Samples: Loan and Security Agreement (Soundbite Communications Inc), Loan and Security Agreement (Soundbite Communications Inc), Loan and Security Agreement (Spire Corp)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or 6.7 or 6.8 or violates any of the covenants contained in Section Article 7 of this Agreement, ; or

Appears in 3 contracts

Samples: Loan and Security Agreement (Loudeye Corp), Loan and Security Agreement (Epoch Biosciences Inc), Loan and Security Agreement (Loudeye Corp)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 6.3, 6.6, 6.7, 6.8, 6.9, 6.10, or 6.7 6.11 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Loan and Security Agreement (Digirad Corp), Negative Pledge Agreement (MMC Networks Inc)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 SECTIONS 6.3, or 6.7 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Senior Subordinated Loan and Security Agreement (Objectspace Inc), Senior Subordinated Loan and Security Agreement (Objectspace Inc)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 SECTIONS 6.3, 6.6, 6.7 or 6.7 6.8 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Loan and Security Agreement (Zindart LTD), Loan and Security Agreement (Intervisual Books Inc /Ca)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 6.3, 6.6, 6.7, 6.8, 6.9, or 6.7 6.10 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Loan and Security Agreement (Centra Software Inc), Loan and Security Agreement (Objectshare Inc)

Covenant Default. (a) If any Borrower fails to perform any obligation under Sections 6.2 6.3, 6.6, 6.7, 6.8, 6.9, 6.10, 6.11 or 6.7 6.12 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Loan and Security Agreement (SQL Financials International Inc /De), Loan and Security Agreement (Isky Inc)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or Section 6.7 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Loan and Security Agreement (Optium Corp), Loan and Security Agreement (Yieldup International Corp)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or 6.7 6.6, or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Cavium Networks), Term Loan and Security Agreement (Netezza Corp)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 6.2, 6.4 or 6.7 6.5 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 1 contract

Samples: Loan and Security Agreement (Odimo INC)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or 6.7 Section 6 or violates any of the covenants contained in Section Article 7 of this Agreement, ; or

Appears in 1 contract

Samples: Loan and Security Agreement (Lifecell Corp)

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Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 6.3, 6.6, 6.7, 6.12, or 6.7 6.13 or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 1 contract

Samples: Loan and Security Agreement (Maxim Pharmaceuticals Inc)

Covenant Default. (a) If Borrower fails Borrowers fail to perform any obligation under Sections 6.2 Section 6 (other than Section 6.8) or 6.7 or violates violate any of the covenants contained in Section 7 of this Agreement, or,

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

Covenant Default. (aA) If Borrower fails to does not perform any obligation under in Sections 6.2 or 6.1, 6.2, 6.5, 6.6, and 6.7 or violates any of the covenants contained covenant in Section 7 of this Agreement, 7; or

Appears in 1 contract

Samples: Loan and Security Agreement (Vascular Solutions Inc)

Covenant Default. (a) If any Borrower fails to does not perform any obligation under Sections 6.2 or 6.7 in Section 6.3 or violates any of the covenants contained covenant in Section 7 of this Agreement, 7; or

Appears in 1 contract

Samples: Loan Agreement (Manugistics Group Inc)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or 6.7 Article 6, or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections 6.2 or 6.7 Section 6.4 of this Agreement, or violates any of the covenants contained in Section Article 7 of this Agreement, or

Appears in 1 contract

Samples: Loan and Security Agreement (Exelixis Inc)

Covenant Default. (a) If either Borrower fails to perform any obligation under Sections 6.2 or 6.7 or violates any of the covenants contained in Section 7 of this Agreement, or

Appears in 1 contract

Samples: Loan Agreement (Lionbridge Technologies Inc /De/)

Covenant Default. (a1) If any Borrower fails to perform any obligation under Sections Section 6.1, the second sentence of Section 6.2 or 6.7 or Section 6.5, violates any of the covenants contained in Section Article 7 of this AgreementAgreement or fails to furnish to the Bank the guaranties of the Guarantors within the time period set forth in Section 3.1(f), or

Appears in 1 contract

Samples: Loan Agreement (Moldflow Corp)

Covenant Default. (a) If Borrower fails to perform any obligation under Sections SECTIONS 6.2 or 6.7 or violates any of the covenants contained in Section SECTION 7 of this Agreement, or

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Impact Inc /De/)

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