Default under other provisions Sample Clauses

Default under other provisions. The Borrower defaults under any of the covenants or other provisions of this Agreement (other than as referred to in 5.1.1 (Overdue Payment)), if not remedied by the Borrower within 10 Business Days from a request by the Lender to do so.
AutoNDA by SimpleDocs
Default under other provisions. The Borrower shall fail to observe or perform any other term, covenant or agreement contained in this Agreement and such failure shall continue for 30 days after written notice thereof shall have been given to the Borrower by the Agent or any of the Banks; or
Default under other provisions. 40 (5) Cross Default.......................... 40 (6) Bankruptcy, etc........................ 40 (7)
Default under other provisions. The Borrower does not comply in any material respect with any of its other obligations under this Agreement (other than the undertaking referred to in Clause 7.2) and, if such non-compliance is capable of remedy, does not remedy such non-compliance in full on or before the date which is thirty (30) days after the date on which the Lender has given the Borrower written notice of such non-compliance.
Default under other provisions. The Borrower or the Parent defaults under any of the covenants or the other provisions of this Agreement (other than as referred to in 12.1.1 (Overdue Payment)) or under the Security Documents, which (if such default, in the reasonable opinion of the Majority Banks, is capable of being remedied) is not remedied within 14 days after notice has been given to the Borrower (such period of remedy in any event not being applicable in the event of a default by the Borrower under the provisions of Clause 10.1.3 (Insurances), 10.1.4 (Mortgagee Interest) or 10.1.7 (Class) above).
Default under other provisions. If the Borrower breaches in any material respect any of its obligations in Clause 5, the undertakings in Clause 10 or the representations and warranties in Clause 9.1, always provided that the Borrower in the event of such breach (in the sole and reasonable opinion of the Bank) has not remedied such breach within 5 Business Days from the date the Borrower receives notice thereof; or
Default under other provisions. 39 5. Cross Default....................................... 39 6.
AutoNDA by SimpleDocs
Default under other provisions. The Borrower does not comply in any material respect with any of the covenants or the other provisions of this Agreement (other than as referred to in Clause 7.2 (Overdue Payment)).

Related to Default under other provisions

  • Default Under Other Agreements (a) The Borrower or any of the Restricted Subsidiaries shall (i) default in any payment with respect to any Indebtedness (other than the Obligations) in excess of $100,000,000 in the aggregate (provided that such $100,000,000 minimum shall not apply in the case of any Permitted Debt Exchange Notes), for the Borrower and such Restricted Subsidiaries, beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created or (ii) default in the observance or performance of any agreement or condition relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist (other than, with respect to Indebtedness consisting of any Hedge Agreements, termination events or equivalent events pursuant to the terms of such Hedge Agreements), the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, any such Indebtedness to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity; or (b) without limiting the provisions of clause (a) above, any such Indebtedness shall be declared to be due and payable, or required to be prepaid other than by a regularly scheduled required prepayment or as a mandatory prepayment (and, with respect to Indebtedness consisting of any Hedge Agreements, other than due to a termination event or equivalent event pursuant to the terms of such Hedge Agreements), prior to the stated maturity thereof; provided that this clause (b) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness, if such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness; or

  • Default Under Other Debt Any default by any Obligor in the payment of any Debt for any other obligation beyond any period of grace provided with respect thereto or in the performance of any other term, condition or covenant contained in any agreement (including any capital or operating lease or any agreement in connection with the deferred purchase price of property) under which any such obligation is created, the effect of which default is to cause or permit the holder of such obligation (or the other party to such other agreement) to cause such obligation to become due prior to its stated maturity or terminate such other agreement.

  • Default Under Other Loan Documents Any Credit Party shall default in the performance or observance of any term, covenant, condition or agreement on its part to be performed or observed hereunder or under any Loan Document (and not constituting an Event of Default under any other clause of this Section 10.1) and such default shall continue unremedied for a period of thirty (30) days after written or telephonic (immediately confirmed in writing) notice thereof has been given to the Borrower by the Administrative Agent; or

  • Events of Default Remedies on Default Events of Default . Each of the following shall be an "Event of Default" if it occurs for any reason whatsoever, whether voluntary or involuntary, by operation of law or otherwise:

  • Events of Default Rights and Remedies on Default 10.1 Events of Default 10.2 Acceleration of the Obligations

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Event of Default Defined; Acceleration of Maturity; Waiver of Default Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Defaults Under Other Agreements The occurrence of a default or an event of default under any other financing arrangement pursuant to which such Seller Party is a debtor or an obligor.

  • Events of Default Defined The following shall be “Events of Default” under this Agreement and the term “Event of Default” shall mean, whenever it is used in this Agreement, any one or more of the following events:

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

Time is Money Join Law Insider Premium to draft better contracts faster.