Common use of Other Covenant Defaults Clause in Contracts

Other Covenant Defaults. Borrower shall fail to perform or observe any term, covenant or agreement contained herein or in any other Credit Document on its part to be performed or observed (other than those referred to in any of Sections 6.1(a), (b) and (c)) and such failure shall remain unremedied for 30 days after the earliest of (i) such failure first becoming known to Borrower, (ii) the date on which Borrower could reasonably have been expected to have known of such failure and (iii) the date on which a written notice thereof shall have been given to Borrower by Agent or any Bank; or

Appears in 2 contracts

Samples: Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Midamerican Energy Holdings Co /New/)

AutoNDA by SimpleDocs

Other Covenant Defaults. Borrower shall fail to perform or observe any term, covenant or agreement contained herein or in any other Credit Document on its part to be performed or observed (other than those referred to in any of Sections 6.1(a), (b) and (c)) and such failure shall remain unremedied for 30 thirty (30) days after the earliest of (i) such failure first becoming known to Borrower, (ii) the date on which Borrower could reasonably have been expected to have known of such failure and (iii) the date on which a written notice thereof shall have been given to Borrower by Agent or any Bank; or

Appears in 2 contracts

Samples: Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Midamerican Energy Holdings Co /New/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.