Common use of Default Under Other Agreements or Contracts Clause in Contracts

Default Under Other Agreements or Contracts. Commit to do or fail to commit to do, any act or thing which would constitute an event of default under any of the terms or provisions of any other agreement, mortgage, contract, indenture, document or instrument executed by it, except those that may be contested in good faith, and would not, if settled unfavorably, materially and adversely affect the financial condition of the Borrower.

Appears in 4 contracts

Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (310 Holdings, Inc.)

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Default Under Other Agreements or Contracts. Commit to do or fail to commit to do, any act or thing which would constitute an event of default under any of the terms or provisions of any other agreement, . mortgage, contract, indenture, . document or instrument executed by it, except those that may be contested in good faith, . and would not, if if’ settled unfavorably, materially and adversely affect the financial condition of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Generation Income Properties, Inc.)

Default Under Other Agreements or Contracts. Commit to do or fail to commit to do, any act or thing which would constitute an event of default under any of the terms or provisions of any other agreement, mortgage, contract, indenture, document or instrument executed by it, that is not cured within the applicable curative period set forth therein, except those that may be contested in good faith, and would not, if settled unfavorably, materially and adversely affect the financial condition of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Semele Group Inc)

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Default Under Other Agreements or Contracts. Commit to do or fail to commit to do, any act or thing which would constitute an event of default under any of the terms or provisions of any other agreement, mortgage, deed of trust, contract, indenture, document or instrument executed by it, except those that may be contested in good faith, and would not, if settled unfavorably, materially and adversely affect the financial condition of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Generation Income Properties, Inc.)

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