Common use of Default Under Security Documents/Other Agreements Clause in Contracts

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 16 contracts

Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Home Products International Inc)

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Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents Documents; or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 4 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Pure World Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower Borrowers, or any of them, shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 3 contracts

Samples: Loan and Security Agreement (Gulfside Supply, Inc.), And Consolidated Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower Borrowers shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Open Plan Systems Inc), Loan Agreement (United Natural Foods Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or any Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 3 contracts

Samples: Loan and Security Agreement (Measurement Specialties Inc), Loan and Security Agreement (Vista 2000 Inc), Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower or any Subsidiary of Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements or the Acquisition Agreement and such default shall continue beyond any applicable grace period.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower or any Subsidiary of Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn), Loan and Security Agreement (Executone Information Systems Inc)

Default Under Security Documents/Other Agreements. Any event ------------------------------------------------- of default shall occur under, or Borrower or any Subsidiary of Borrower shall default in the performance or observance of any material term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Moore Medical Corp)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or any Borrower or Guarantor shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (United Natural Foods Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or any Borrower shall default in any material respect in the performance or observance of any material term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents Documents, the Other Agreements, the Indenture, or the Other Agreements Term Loan Agreement, and such event of default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

Default Under Security Documents/Other Agreements. Any ------------------------------------------------- event of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or Documents, the Other Agreements or the GECC Documents and such default shall continue beyond any applicable cure or grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Master Graphics Inc)

Default Under Security Documents/Other Agreements. Any ------------------------------------------------- event of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Jayhawk Acceptance Corp)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in the performance or observance of any material term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Morgan Products LTD)

Default Under Security Documents/Other Agreements. Any ------------------------------------------------- event of default shall occur under, or any Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents Documents; or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

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Default Under Security Documents/Other Agreements. Any event of default shall occur under, or any Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents Documents; or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in the performance or observance of any termTerm, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Jayhawk Acceptance Corp)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower shall default in any material respect in the performance or observance of any material term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower or any Guarantor shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents Documents; or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (KVH Industries Inc \De\)

Default Under Security Documents/Other Agreements. Any event ------------------------------------------------- of default shall occur under, or Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents Documents; or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Seranova Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or any Loan Party or Subsidiary of Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: And Security Agreement (Aperian Inc)

Default Under Security Documents/Other Agreements. Any event of default shall occur under, or Borrower any Borrower, any of its Subsidiaries or any other Guarantor shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambium Learning Group, Inc.)

Default Under Security Documents/Other Agreements. Any event of default shall occur and be continuing under, or Borrower shall default in the performance or observance of any term, covenant, condition condition, or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Peregrine Real Estate Trust)

Default Under Security Documents/Other Agreements. Any -------------------------------------------------- event of default shall occur under, or either Borrower shall default in the performance or observance of any term, covenant, condition or agreement contained in, any of the Security Documents or the Other Agreements and such default shall continue beyond any applicable grace period.

Appears in 1 contract

Samples: Loan and Security Agreement (Litchfield Financial Corp /Ma)

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