Material Agreement Default Sample Clauses

Material Agreement Default. There shall occur any breach by any Restricted Entity of any contract or agreement which breach could reasonably be expected to cause a Material Adverse Change and such breach is not cured within the applicable grace period, if any;

Material Agreement Default. Promptly, but in any event within 10 Business Days after a Responsible Officer of any Restricted Entity obtains knowledge thereof, notice of any breach by the Parent Guarantor or any of its Subsidiaries of any contract or agreement which breach could reasonably be expected to cause a Material Adverse Effect;

Material Agreement Default. There shall occur any breach by any Restricted Entity of (i) the Distribution Service Agreement dated as of August 21, 1997, as amended, with ▇▇▇▇▇▇ Company, Inc., (ii) the Supply Agreement dated as of July 28, 2006, with Valero Marketing and Supply Company, (iii) the Chevron Branded Jobber Petroleum Products Agreement dated as of March 15, 2005, or (iv) any restatements or replacements of any of the foregoing, including any subsequent agreements with different suppliers for comparable quantities of the applicable products, in each case, which breach both (x) could reasonably be expected to cause a Material Adverse Effect and (y) is not cured within the applicable grace period, if any;

Material Agreement Default. There shall occur any breach by any Restricted Entity of the Distribution Service Agreement dated as of August 21, 1997, as amended, with ▇▇▇▇▇▇ Company, Inc. or any restatements or replacements of the foregoing, including any subsequent agreements with different suppliers for comparable quantities of the applicable products, in each case, which breach both (A) could reasonably be expected to cause a Material Adverse Effect and (B) is not cured within the applicable grace period, if any; or (dd) Schedule 2.1 (Commitments and Applicable Percentages) to the Credit Agreement is hereby replaced with Schedule 2.1 to Annex A attached hereto.

Material Agreement Default. Promptly, but in any event within two Business Days after a Responsible Officer obtains knowledge thereof, notice of any breach by Borrower or any Subsidiary of Borrower of any contract or agreement which breach could reasonably be expected to cause a Material Adverse Change;

Material Agreement Default. Any Borrower or any other Consolidated Entity shall default under any agreement material to the operation of its business as conducted on the Closing Date or proposed to be conducted.