Common use of Default Under Any Loan Document Clause in Contracts

Default Under Any Loan Document. A default in the performance or observance of any term, condition or covenant in this Agreement or in any other agreement or instrument made or given by Borrower to Lender required to be observed or performed by Borrower.

Appears in 2 contracts

Samples: Compensation Agreement (Hightimes Holding Corp.), Compensation Agreement (Origo Acquisition Corp)

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Default Under Any Loan Document. A default in the performance or observance of any term, condition or covenant in this Agreement or in any other agreement or instrument made or given by Borrower Loan Parties to Lender required to be observed or performed by BorrowerBorrower that is not cured within any applicable cure or grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Electronic Cigarettes International Group, Ltd.)

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Default Under Any Loan Document. A default in the performance or observance of any term, condition or covenant in this Agreement or in any other agreement or instrument made or given by either Borrower or Guarantor to Lender required to be observed or performed by BorrowerBorrowers or Guarantor, which if curable, is not cured within 10 Business Days of such default.

Appears in 1 contract

Samples: Loan and Security Agreement (American BioCare, Inc.)

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