Common use of Particular Covenant Defaults Clause in Contracts

Particular Covenant Defaults. If Borrower fails any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), 6.7 and 7 for which no cure period shall exist other than as set forth in 8.1(d) below), such failure continues for ten (10) Business Days after the occurrence thereof;

Appears in 4 contracts

Samples: Loan Documents (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services, Inc.), Loan and Security Agreement (Newtek Business Services, Inc.)

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Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v6.2(b), 6.7 6.8, 6.10 and 6.11 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten twenty (1020) Business Days after the occurrence thereof;; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Resource America, Inc.), Loan and Security Agreement (Resource America Inc)

Particular Covenant Defaults. If if (i) Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), 6.7 Section 6.8 and Section 7 (other than 7.13) for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten twenty (1020) Business Days after the occurrence thereof or (ii) Borrower fails to comply with or observe Section 7.13 and such failure continues for three (3) Business Days after the occurrence thereof;; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Alesco Financial Inc), Loan and Security Agreement (Alesco Financial Inc)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), 6.7 Section 6.8 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten thirty (1030) Business Days days after the occurrence thereof;; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Colony Rih Holdings Inc), Loan and Security Agreement (Blonder Tongue Laboratories Inc)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v6.2(b), 6.7 6.8, 6.9, 6.10 and 7 6.11 and Section VII for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten thirty (1030) Business Days days after notice from Lender of the occurrence thereof;; or

Appears in 1 contract

Samples: Loan and Security Agreement ('Mktg, Inc.')

Particular Covenant Defaults. If Borrower fails any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v)Section 6.7, 6.7 6.20, and Section 7 for which no cure period shall exist other than as set forth in Section 8.1(d) below), such failure continues for ten (10) Business Days after the occurrence thereof;; or (d)

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Corp.)

Particular Covenant Defaults. If if either Borrower fails any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), 6.7 Section 6.8 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) below), such failure continues for ten (10) Business Days after the occurrence thereof;

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Inc)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Section 6.8 and Sections 2.1(b)(v)7.1, 6.7 7.2 and 7 7.8 for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten fifteen (1015) Business Days days after the occurrence thereof;; or

Appears in 1 contract

Samples: Loan and Security Agreement (American Technical Ceramics Corp)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v6.2(b), 6.7 6.8, 6.9, 6.10, 6.11 and 7 VII for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten fifteen (1015) Business Days days after the occurrence thereof;; or

Appears in 1 contract

Samples: Loan and Security Agreement (KeyStone Solutions, Inc.)

Particular Covenant Defaults. If Borrower fails any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), Section 6.7 and Section 7 for which no cure period shall exist other than as set forth in Section 8.1(d) below), such failure continues for ten (10) Business Days after the occurrence thereof;; or (d)

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Corp.)

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Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v6.2(a), 6.7 6.7, 6.8(b), 6.9, 6.10 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten thirty (1030) Business Days days after the occurrence thereof;; or

Appears in 1 contract

Samples: Revolving Loan Agreement (Harris & Harris Group Inc /Ny/)

Particular Covenant Defaults. If if Borrower fails any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), 6.7 Section 6.8 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) below), such failure continues for ten (10) Business Days after the occurrence thereof;

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Inc)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(vSection 6.2(b), 6.7 6.8, 6.9, 6.10, 6.11 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten fifteen (1015) Business Days days after the occurrence thereof;; or

Appears in 1 contract

Samples: Loan and Security Agreement (WPCS International Inc)

Particular Covenant Defaults. If Borrower fails any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v), Section 6.7 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) below), such failure continues for ten (10) Business Days after the occurrence thereof;

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Inc)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v6.2(b), 6.7 6.8, 6.9, 6.10 and 6.11 and Section 7 for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten fifteen (1015) Business Days days after the occurrence thereof;; or

Appears in 1 contract

Samples: Loan and Security Agreement (Lakeland Industries Inc)

Particular Covenant Defaults. If if Borrower fails to perform, comply with or observe any covenant or undertaking contained in this Agreement and (other than with respect to the covenants contained in Sections 2.1(b)(v6.2(b), 6.7 6.8, 6.9, 6.10, 6.11 and 7 VII for which no cure period shall exist other than as set forth in 8.1(d) belowexist), such failure continues for ten fifteen (1015) Business Days days after the occurrence Borrower has knowledge thereof;; or ​

Appears in 1 contract

Samples: Loan and Security Agreement (Western Acquisition Ventures Corp.)

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