Common use of Defaults Under Other Agreements Clause in Contracts

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto) of any material obligation or condition of any contract or lease to which it is a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.

Appears in 52 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

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Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto) of any material obligation or condition of any contract or lease to which it is a party, if such default would have constitutes or would reasonably be expected to have constitute a Material Adverse Effect.

Appears in 9 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of or any material obligation or condition of any contract or lease material to which it is the Borrower and its Subsidiaries taken as a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.whole; or

Appears in 4 contracts

Samples: Credit Agreement (Personnel Group of America Inc), Credit Agreement (Personnel Group of America Inc), Credit Agreement (Personnel Group of America Inc)

Defaults Under Other Agreements. (i) The Such Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto) of any material obligation or condition of any contract or lease to which it is a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of any material obligation or condition of any contract or lease to which it is a party, if such default would have resulting in liability of $250,000 or would reasonably be expected to have a Material Adverse Effect.more in the aggregate for the Borrower or any of its Subsidiaries; or

Appears in 2 contracts

Samples: Credit Agreement (Staff Leasing Inc), Credit Agreement (Staff Leasing Inc)

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of any material obligation or condition of any contract or lease to which it is a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.the Subordinated Debt Agreement; or

Appears in 1 contract

Samples: Credit Agreement (Riscorp Inc)

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of any material obligation or condition of any contract or lease to which it is a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.the Service Contracts; or

Appears in 1 contract

Samples: Loan Agreement (Amcomp Inc /Fl)

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of any material obligation or condition of any contract or lease material to which it is the Borrower and its Subsidiaries, taken as a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.whole; or

Appears in 1 contract

Samples: Credit Agreement (Fritz Companies Inc)

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Defaults Under Other Agreements. (i) The Borrower Borrower, the Guarantor or any of its the Guarantor’s other Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto) of any material obligation or condition of any contract or lease to which it is a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Public Service Co of New Mexico)

Defaults Under Other Agreements. (i1) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of any material obligation or condition of any contract or lease material to which it is the Borrower and its Subsidiaries, taken as a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.whole; or

Appears in 1 contract

Samples: Credit Agreement (Fritz Companies Inc)

Defaults Under Other Agreements. (i) 1. The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto) of any material obligation or condition of any contract or lease to which it is a party, if such default would have constitutes or would reasonably be expected to have constitute a Material Adverse Effect.

Appears in 1 contract

Samples: Three Year Credit Agreement (Wisconsin Energy Corp)

Defaults Under Other Agreements. (i) The Borrower or any of its Subsidiaries shall default in the due performance or observance (beyond the applicable grace period with respect thereto, if any) of any material obligation or condition of any contract or lease to which it is a party, if such default would have or would reasonably be expected to have a Material Adverse Effect.the Service Contracts; or

Appears in 1 contract

Samples: Credit Agreement (Amcomp Inc /Fl)

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