Common use of Other Breach Under Agreement Clause in Contracts

Other Breach Under Agreement. A default occurs under any other term or condition of this Agreement not specifically referred to in this Article and such default, if susceptible of cure, remains uncured for 30 days. This Section 8.2 includes any failure or anticipated failure by the Borrower (or any other party named in the Covenants section) to comply with the financial covenants set forth in this Agreement, whether such failure is evidenced by financial statements delivered to the Bank or is otherwise known to the Borrower or the Bank. The 30 day cure period shall not apply to financial covenant defaults.

Appears in 4 contracts

Samples: Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair LLC)

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Other Breach Under Agreement. A default occurs under any other term or condition of this Agreement not specifically referred to in this Article and such default, if susceptible default is not cured within thirty (30) days following written notice from the Bank of cure, remains uncured for 30 days. such default This Section 8.2 includes any failure or anticipated failure by the Borrower (or any other party named in the Covenants section) to comply with the financial covenants set forth in this Agreement, whether such failure is evidenced by financial statements delivered to the Bank or is otherwise known to the Borrower or the Bank. The 30 day cure period shall not apply to financial covenant defaults.

Appears in 1 contract

Samples: Loan Agreement (Newport Corp)

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Other Breach Under Agreement. A default occurs under any other term or condition of this Agreement not specifically referred to in this Article and such defaultArticle, if susceptible which default is not cured, or is not capable of cure, remains uncured for 30 dayswithin ten (10) business days following Borrower’s receipt of notice of such default. This Section 8.2 includes any failure or anticipated failure by the Borrower (or any other party named in the Covenants section) to comply with the any financial covenants set forth in this Agreement, whether such failure is evidenced by financial statements delivered to the Bank or is otherwise known to the Borrower or the Bank. The 30 day cure period shall not apply to financial covenant defaults.

Appears in 1 contract

Samples: Loan Agreement (Annie's, Inc.)

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