Common use of Other Credit Documents Clause in Contracts

Other Credit Documents. (i) Any Credit Party shall default in the due performance or observance of any term, covenant or agreement in any of the other Credit Documents and such default shall continue unremedied for a period of at least 20 Business Days after notice thereof given by an Agent, or (ii) any Credit Document shall fail to be in full force and effect or the Borrower shall so assert or any Credit Document shall fail to give the Agents and/or the Lenders the security interests, liens, rights, powers and privileges purported to be created thereby.

Appears in 2 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

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Other Credit Documents. (i) Any Credit Party shall default in the due performance or observance of any term, covenant or agreement in any of the other Credit Documents and such default shall continue unremedied for a period of at least 20 Business Days 30 days after the earlier of an officer of a Credit Party becoming aware of such default or notice thereof given by an the Administrative Agent, or (ii) any Credit Document shall fail to be in full force and effect or the Borrower any Credit Party shall so assert or any Credit Document shall fail to give the Agents and/or the Lenders the security interests, liens, rights, powers and privileges purported to be created thereby.

Appears in 2 contracts

Samples: Credit Agreement (Highwoods Properties Inc), Credit Agreement (Highwoods Properties Inc)

Other Credit Documents. (i) Any Credit Party shall default in the due performance or observance of any term, covenant or agreement in any of the other Credit Documents and such default shall continue unremedied for a period of at least 20 Business Days 30 days after the earlier of an officer of a Credit Party becoming aware of such default or notice thereof given by an the Administrative Agent, or (ii) any Credit Document shall fail to be in full force and effect or the Borrower shall so assert or any Credit Document shall fail to give the Agents and/or the Lenders the security interests, liens, rights, powers and privileges purported to be created therebythereby or any Credit Party or any Person acting by or on behalf of any Credit Party shall deny or disaffirm its obligations under the Credit Documents.

Appears in 2 contracts

Samples: Credit Agreement (Ivex Packaging Corp /De/), Credit Agreement (Ivex Packaging Corp /De/)

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Other Credit Documents. (i) Any Credit Party shall default in the due performance or observance of any term, covenant or agreement in any of the other Credit Documents and such default shall continue unremedied for a period of at least 20 Business Days 30 days 66 after the earlier of an officer of a Credit Party becoming aware of such default or notice thereof given by an the Agent, or (ii) any Credit Document shall fail to be in full force and effect or the Borrower shall so assert or any Credit Document shall fail to give the Agents Agent and/or the Lenders the security interests, liens, rights, powers and privileges purported to be created therebythereby or any Credit Party or any Person acting by or on behalf of any Credit Party shall deny or disaffirm the its obligations under the Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Ivex Packaging Corp /De/)

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