Common use of Other Defaults Under Loan Documents Clause in Contracts

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender Party; or

Appears in 29 contracts

Samples: Credit Agreement (Summit Hotel Properties, Inc.), Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.)

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Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; or

Appears in 8 contracts

Samples: Term Credit Agreement (Sunstone Hotel Investors, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Hersha Hospitality Trust)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement (not specified in subsection (a), (b) or (c) above) contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 thirty (30) days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; or

Appears in 5 contracts

Samples: Credit Agreement (Trinity Place Holdings Inc.), Credit Agreement (Trinity Place Holdings Inc.), Credit Agreement (Trinity Place Holdings Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document (other than a Guaranteed Hedge Agreement) on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender Party; or

Appears in 3 contracts

Samples: Credit Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative any Agent or any Lender Party; or

Appears in 3 contracts

Samples: Credit Agreement (Five Star Quality Care, Inc.), Credit Agreement (Five Star Senior Living Inc.), Credit Agreement (Hersha Hospitality Trust)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document (other than a Guaranteed Hedge Agreement) on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; or

Appears in 3 contracts

Samples: Term Loan Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement (not specified in subsection (a), (b) or (c) above) contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; or

Appears in 2 contracts

Samples: Credit Agreement (Summit Hotel Properties, Inc.), Credit Agreement (Summit Hotel Properties, Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware 103 of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative any Agent or any Lender Party; or

Appears in 2 contracts

Samples: Security Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe (or cause to be performed or observed) any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender Party; or

Appears in 2 contracts

Samples: Credit Agreement (American Campus Communities Inc), Credit Agreement (American Campus Communities Operating Partnership LP)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; or

Appears in 1 contract

Samples: Credit Agreement (Five Star Senior Living Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe (or cause to be performed or observed) any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 thirty (30) days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender Party; or

Appears in 1 contract

Samples: Credit Agreement (American Campus Communities Operating Partnership LP)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform perform, comply with or observe any other termagreement, covenant or agreement contained in obligation under any provision of any Loan Document on its part (other than those provisions referred to be performed or observed if in Sections 7.l(a), 7.1(b) and 7.1(c)) and such failure shall remain unremedied for not have been remedied within 30 days after the earlier to occur of the date on which (i) a Responsible Officer becomes aware of such failure the Borrower’s knowledge thereof or (ii) written notice thereof shall have been given by the Agent to the Borrower by the Administrative Agent or any Lender PartyBorrower; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Nordstrom Inc)

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Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document 103 on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender Party; or

Appears in 1 contract

Samples: Credit Agreement (Hersha Hospitality Trust)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform perform, comply with or observe any other termagreement, covenant or agreement contained in obligation under any provision of any Loan Document on its part (other than those provisions referred to be performed or observed if in Sections 7.l(a), 7.1(b) and 7.1(c)) and such failure shall remain unremedied for 30 not have been remedied within thirty (30) days after the earlier to occur of the date on which (i) a Responsible Officer becomes aware of such failure the Borrower’s knowledge thereof or (ii) written notice thereof shall have been given by the Agent to the Borrower by the Administrative Agent or any Lender PartyBorrower; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Nordstrom Inc)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender Party; oror (e)

Appears in 1 contract

Samples: Credit Agreement (Summit Hotel Properties, Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; oror (e)

Appears in 1 contract

Samples: Credit Agreement (Granite Point Mortgage Trust Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement (not specified in subsection (a), (b) or (c) above) contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 thirty (30) days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower Borrowers by the Administrative Agent or any Lender PartyLender; or

Appears in 1 contract

Samples: Credit Agreement (Summit Hotel Properties, Inc.)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower Borrowers by the Administrative any Agent or any Lender PartyLender; or

Appears in 1 contract

Samples: Term Credit Agreement (FelCor Lodging Trust Inc)

Other Defaults Under Loan Documents. Any Loan Party shall fail to perform or observe any other term, covenant or agreement contained in any Loan Document on its part to be performed or observed if such failure shall remain unremedied for 30 days after the earlier of the date on which (i) a Responsible Officer becomes aware of such failure or (ii) written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender PartyLender; oror (e)

Appears in 1 contract

Samples: Execution Copy Credit Agreement (Summit Hotel Properties, Inc.)

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