Other Default. if any of the Security Parties fails to observe or perform any of the covenants, conditions, undertakings, agreements or obligations on its part contained in any of the Security Documents or shall in any other way be in breach of or do or cause to be done any act repudiating or evidencing an intention to repudiate any of the Security Documents and such default (if in the reasonable opinion of the Instructing Group capable of remedy) is not remedied within fourteen (14) days after notice of the default has been given to the Borrower; or
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Sources: Loan Facility Agreement (Stolt Offshore S A), Loan Agreement (Stolt Comex Seaway S A)
Other Default. if any of the Security Parties fails to observe or perform any of the covenants, conditions, undertakings, agreements or obligations on its part contained in any of the Security Documents in any material respect or shall in any other way be in breach of or do or cause to be done any act repudiating or evidencing an intention to repudiate any of the Security Documents and such default breach (if in the reasonable opinion of the Instructing Group capable of remedy) is not remedied within fourteen (14) days after the Agent has given the Borrower notice of the default has been given to the Borrowerthereof; or
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Other Default. if any of the Security Parties fails to observe or perform any of the covenants, conditions, undertakings, agreements or obligations on its part contained in any of the Security Documents and, where such default is capable of remedy, such default is not remedied within thirty (30) days if the date of its occurrence, or shall in any other way be in breach of or do or cause to be done any act repudiating or evidencing an intention to repudiate any of the Security Documents and such default (if in the reasonable opinion of the Instructing Group capable of remedy) is not remedied within fourteen (14) days after notice of the default has been given to the BorrowerDocuments; or
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