Common use of Other Covenant Default Clause in Contracts

Other Covenant Default. A Default shall be made by the Borrower or any other Loan Party in the due observance or performance of any covenant, condition or agreement (other than those specified in ‎Section 7.01(a), ‎(b) or ‎(c)) to be observed or performed by it pursuant to the terms of this Agreement or any of the other Loan Documents and such default shall continue unremedied for more than thirty (30) days after the earlier of (i) receipt of written notice by the Borrower from the Administrative Agent of such default or (ii) any Officer of the Borrower obtains actual knowledge of such default.

Appears in 2 contracts

Samples: Credit Agreement (Wheels Up Experience Inc.), Credit Agreement (Wheels Up Experience Inc.)

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Other Covenant Default. A Default shall be made by the any Borrower or any other Loan Party in the due observance or performance of any covenant, condition or agreement (other than those specified in ‎Section Section 7.01(a), ‎(b(b) or ‎(c(c)) to be observed or performed by it pursuant to the terms of this Agreement or any of the other Loan Documents and such default shall continue unremedied for more than thirty (30) days after the earlier of (i) receipt of written notice by the any Borrower from the Administrative Agent of such default or (ii) any Officer of the any Borrower obtains actual knowledge becomes aware of such default.

Appears in 1 contract

Samples: Credit Agreement (Latam Airlines Group S.A.)

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Other Covenant Default. A Default shall be made by the any Borrower or any other Loan Party in the due observance or performance of any covenant, condition or agreement (other than those specified in ‎Section 7.01(a), ‎(b) or ‎(c)) to be observed or performed by it pursuant to the terms of this Agreement or any of the other Loan Documents and such default shall continue unremedied for more than thirty (30) days after the earlier of (i) receipt of written notice by the any Borrower from the Administrative Agent of such default or (ii) any Officer of the any Borrower obtains actual knowledge becomes aware of such default.

Appears in 1 contract

Samples: Credit Agreement (Latam Airlines Group S.A.)

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