Observance of Covenants. The Pledgor shall at any time fail to observe, satisfy or perform any of the covenants or agreements contained in Article 3 or 4 hereof or fail to comply with any other provision contained herein and such default shall continue unremedied for a period of twenty (20) Business Days after written notice of the existence of such default shall have been received by the Pledgor from the Collateral Agent; or
Appears in 3 contracts
Samples: Pledge Agreement (Motient Corp), Security Agreement (Motient Corp), Pledge Agreement (Motient Corp)
Observance of Covenants. The Pledgor shall at any time fail to observe, satisfy or perform any of the covenants or agreements contained in Article 3 or 4 hereof or fail to comply with any other provision contained herein and such default shall continue unremedied for a period of twenty (20) Business Days business days after written notice of the existence of such default shall have been received by the Pledgor from the Collateral Agent; or
Appears in 2 contracts
Samples: Subordinate Share Pledge Agreement (Motient Corp), Share Pledge Agreement (Motient Corp)
