Cross-Default Provision. Borrower’s default or breach under any note or agreement in which Lender has an interest shall be a breach under the Security Instrument and Lender may invoke any of the remedies permitted by the Security Instrument. NON-UNIFORM COVENANTS. Xxxxxxxx and Xxxxxx further covenant and agree as follows:
Cross-Default Provision. Any default by Grantor in the performance or observance of any covenant or condition hereof shall be deemed a Default under each of the Loan Documents, entitling Administrative Agent, for and on behalf of the Loan Parties, to exercise all or any remedies available to Administrative Agent and the Loan Parties under the terms of any or all Loan Documents, and any Default under any other Loan Document (subject to any applicable grace periods) shall be deemed a Default hereunder, entitling Administrative Agent, for and on behalf of the Loan Parties, to exercise any or all remedies provided for herein.
Cross-Default Provision. A default in this Agreement, shall constitute a default in the other agreements described in this Agreement to be delivered by the parties at Closing, and a default in any one or more of such agreements shall constitute a default in this Agreement.
Cross-Default Provision. A default in this Agreement will constitute a default in the Related Agreements described in Section 7 and a default in any one or more of the Related Agreements described in Section 7 will constitute a default in this Agreement.
Cross-Default Provision. A default by Landlord or Tenant in any of the terms and conditions of the Lease (as modified by the provisions herein) shall constitute a default by such party under this Agreement and vice versa.
Cross-Default Provision. The occurrence of any Event of Default under the terms and conditions of the Amended and Restated Credit Agreement shall constitute a default under this Agreement and the Note. As used herein, the term “
Cross-Default Provision. Any breach or default under the terms of this ----------------------- Agreement shall be deemed to be a breach and default under the Merger Agreement and any breach or default under the Merger Agreement shall be deemed to be a breach and default hereunder.
Cross-Default Provision. Any breach or default under this Agreement shall also constitute a breach or default under the CSA and the Consulting Agreement, and any breach or default under the CSA or the Consulting Agreement shall constitute a breach or default under this Agreement.
Cross-Default Provision. Borrowers jointly and severally acknowledge and agree that a breach of any term, condition, warranty or covenant herein by Borrower shall constitute a default under this Loan Agreement. Furthermore, any breach of or default under this Loan Agreement automatically shall constitute a default under all the other Loan Documents incident to this Facility; similarly, any breach or default by Borrowers under any of the Loan Documents shall be deemed a default under all the other Loan Documents and under this Loan Agreement. A default by Borrower under any loan (term, line of credit or otherwise) with Bank shall constitute a default under this Loan Agreement and all other Loan Documents incident to this Facility, and a default under this Loan shall constitute a default under any other loan from Bank to Borrowers. Upon any such breach or default, Bank shall have the right to exercise any and all remedies allowable under the documents and under Florida law, and may proceed under any document or may proceed to exercise any specific remedy without being required to resort to any other remedy allowable by law or under any specific loan document. Borrower, jointly and severally, agree to pay to Bank all costs of collection in the event of any such breach or default, including, without limitation, a reasonable attorneys' fee for Bank's legal counsel as provided in the Loan Documents.
Cross-Default Provision. Any default by Grantor in the performance or observance of any covenant or condition hereof shall be deemed a Default or Event of Default under each of the Loan Instruments, entitling Administrative Agent, on behalf of the Lenders, to exercise all or any remedies available to Administrative Agent and the other Lenders under the terms of any or all Loan Instruments, and any Default or Event of Default under any other Loan Instrument (subject to any applicable grace periods) shall be deemed a Default hereunder, entitling Administrative Agent, on behalf of the Lenders, to exercise any or all remedies provided for herein.
