Noncompliance with Loan Documents Sample Clauses

Noncompliance with Loan Documents. Failure to perform or observe any of the other agreements, covenants or conditions (i.e., other than the payment of money) contained in this Agreement, in any other Loan Document, and such default shall continue for a period of 30 days after written notice thereof from TMCC to Borrower (unless such default, if curable, requires work to be performed, acts to be done or conditions to be remedied which by their nature cannot be performed, done or remedied, as the case may be, within such 30 day period and Borrower shall commence to cure such default within such 30 day period and shall thereafter diligently and continuously process the same to completion but in no event shall the period for cure exceed 120 days unless otherwise agreed by TMCC).
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Noncompliance with Loan Documents. (i) Failure by the Credit Parties to comply with or to perform any covenant set forth in Sections 10.1(E), 10.5 through 10.14, 10.19 through 10.21, 10.25, or 10.27 through 10.29 of this Agreement or other covenant, agreement or provision set forth in any other Loan Document or (ii) failure by the Credit Parties to comply with or to perform any other covenant, agreement or provision set forth in this Agreement (and not otherwise constituting an Event of Default under any of the other provisions of this Section 12.1) and the continuance of such failure described in this clause (ii) for 30 days after the earlier of (a) the date on which a Responsible Officer of a Credit Party first learns of such failure and (b) the date on which written notice thereof shall have been given to the Parent by the Administrative Agent or any Lender.
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Noncompliance with Loan Documents. For any events or occurrences other than those specifically set forth above, the failure to perform or observe any of the other agreements, covenants or conditions contained in this Loan Agreement, in any other Loan Document or otherwise in existence with Lender regarding the Loan, and such default continues for a period of 30 calendar days after Lender has sent written notice of such nonperformance to Borrower, which notice shall be deemed effective upon deposit into the custody of the U.S.
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Noncompliance with Loan Documents. Any member of the Rush Group or any Guarantor shall fail to perform or observe any of the other agreements, covenants or conditions contained in this Agreement, in any other Loan Document or otherwise in existence with GMAC or any of its affiliates, and such default shall continue for more than 10 Business Days.
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Noncompliance with Loan Documents. (a) Failure by any Credit Party to comply with or to perform any covenant set forth in Section 10.1.2(b), 10.1.2(c), 10.4 or 10.16 and ---------------- -------- ---- ----- continuance of such failure described in this clause (a) for five Business Days or (b) failure by any Credit Party to comply with or to perform any other covenant or agreement set forth in this Agreement or any other Loan Document.
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Noncompliance with Loan Documents. If any Company or Subsidiary shall fail to perform, in the time and manner required, any of its obligations or covenants under, or shall fail to comply with any of the provisions of, this Agreement, the Revolving Credit Notes or the Security Agreement, which does not involve the failure to make a payment when due specified in SECTION 13.1(a) and which is not cured within thirty (30) days after the earlier of the date of notice to such Company by the Seasoned Warehouse Agent of such Default or the date the Seasoned Warehouse Agent is notified, or should have been notified pursuant to the Companies' obligation under SECTION 11.2(g), of such Default; provided that there shall be no cure period with respect to any failure to perform under, or comply with the provisions of, SECTIONS 11.2 (except Section 11.2(g)), 11.6, 11.7, 11.8, 11.11 and 12.1 through 12.15. 61 76
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Noncompliance with Loan Documents. If any Borrower or Subsidiary shall fail to perform, in the time and manner required, any of its obligations or covenants under, or shall fail to comply with any of the provisions of, this Agreement, the Revolving Credit Note or the Security Agreement, which does not involve the failure to make a payment when due specified in Section 8.1(a) and which is not cured within thirty (30) days after the earlier of the date of notice to such Borrower by the Bank of such Default or the date the Bank is notified, or should have been notified pursuant to the Borrower's obligation under Section 6.1(g) hereof, of such Default; provided, however, that there shall be no cure period with respect to any failure to perform under, or comply with the provisions of, Sections 6.1 (except Section 6.1(g)), 6.5, 6.6, 6.7, 6.10 and 7.1 through 7.15.
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Related to Noncompliance with Loan Documents

  • Compliance with Loan Documents Borrower shall promptly comply with any and all covenants and provisions of the Loan Documents executed by it.

  • Non-Compliance with Loan Documents (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Section 10.1.5, 10.3(b), 10.5 or 10.9 or Section 11; or (b) failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of such failure described in this clause (b) for 30 days.

  • Compliance with Laws and Agreements; No Default Except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, each Loan Party and each Subsidiary is in compliance with (i) all Requirements of Law applicable to it or its property and (ii) all indentures, agreements and other instruments binding upon it or its property. No Default has occurred and is continuing.

  • COMPLIANCE WITH OTHER INSTRUMENTS, NONE BURDENSOME, ETC The Company is not in violation of any term of its Certificate of Incorporation or Bylaws, as amended, or any mortgage, indenture, contract, agreement, instrument, judgment, decree or order by which the Company is bound or to which its properties are subject or, to its knowledge any statute, rule or regulation applicable to the Company which would materially and adversely affect the business, assets, liabilities, financial condition, operations or prospects of the Company. The execution, delivery and performance of and compliance with this Agreement and the transactions contemplated hereby will not result in any such violation and will not be in conflict with or constitute a default under any of the foregoing and will not result in the creation of any mortgage, pledge, lien, encumbrance or charge upon any of the properties or assets of the Company pursuant to any of the foregoing.

  • Compliance with Material Agreements Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all Senior Documents, material agreements, indentures, mortgages or documents binding on it or affecting its properties or business.

  • Compliance with Credit Agreement Such Grantor agrees to comply with all covenants and other provisions applicable to it under the Credit Agreement, including Sections 2.17 (Taxes), 11.3 (Costs and Expenses) and 11.4 (Indemnities) of the Credit Agreement and agrees to the same submission to jurisdiction as that agreed to by the Borrower in the Credit Agreement.

  • Compliance with Obligations Buyer must have performed and complied with all its covenants and obligations required by this Agreement to be performed or complied with at or prior to Closing (singularly and in the aggregate) in all material respects.

  • Compliance with Laws and Agreements Each of the Borrower and its Subsidiaries is in compliance with all laws, regulations and orders of any Governmental Authority applicable to it or its property and all indentures, agreements and other instruments binding upon it or its property, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.

  • Compliance with Leases (i) Make all payments and otherwise perform all material obligations in respect of all leases of real property to which the Borrower or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled (except, in the case of the Borrower and Subsidiaries of the Borrower only, if in the reasonable business judgment of such Subsidiary it is in its best economic interest not to maintain such lease or prevent such lapse, termination, forfeiture or cancellation and such failure to maintain such lease or prevent such lapse, termination, forfeiture or cancellation is not in respect of a Qualifying Ground Lease or an Operating Lease of an Unencumbered Asset and could not otherwise reasonably be expected to result in a Material Adverse Effect), notify the Administrative Agent of any default by any party with respect to such leases and cooperate with the Administrative Agent in all respects to cure any such default, and cause each of its Subsidiaries to do so.

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