Common use of Material Agreement Default Clause in Contracts

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;

Appears in 1 contract

Sources: Credit Agreement (Susser Holdings CORP)

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 (xA) could reasonably be expected to cause a Material Adverse Effect and (yB) is not cured within the applicable grace period, if any;; or

Appears in 1 contract

Sources: Credit Agreement (Susser Holdings CORP)

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 Distribution Franchising Agreement dated as of July 28January 2, 20061993, as amended, with Valero Marketing and Supply CompanyCITGO Petroleum Corporation, (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) such breach is not cured within the applicable grace period, if any;

Appears in 1 contract

Sources: Credit Agreement (Susser Holdings CORP)