Common use of Other Documents, Etc Clause in Contracts

Other Documents, Etc. Except as otherwise required by this Agreement, pay, perform and fulfill all of its obligations and covenants under each material document, instrument or agreement to which it is a party including, without limitation, the Related Transaction Documents; provided that so long as the Borrower or any Subsidiary is contesting any claimed default by it or them under any of the foregoing by proper proceedings conducted in good faith and for which any proper reserve or other provision in accordance with and to the extent required by GAAP has been made, such default shall not be deemed a violation of this covenant, provided further that it shall not be a default of this covenant if such default under another document, instrument or agreement would not reasonably be expected to create a Material Adverse Effect.

Appears in 2 contracts

Sources: Loan Agreement (Summit Design Inc), Loan Agreement (Summit Design Inc)

Other Documents, Etc. Except as otherwise required by this Agreement, pay, perform and fulfill all of its obligations and covenants under each material document, instrument or agreement to which it is a party including, without limitation, the Related Transaction Documents; provided that so long as the Borrower or any Subsidiary is contesting any claimed default by it or them under any of the foregoing by proper proceedings conducted in good faith and for which any proper reserve or other provision in accordance with and to the extent required by GAAP has been made, such default shall not be deemed a violation of this covenant, provided further that it shall not be a default of this covenant if such default under another document, instrument or agreement would not reasonably be expected to create a Material Adverse Effect.

Appears in 1 contract

Sources: Loan Agreement (Innoveda Inc)