Common use of Particular Covenant Defaults Clause in Contracts

Particular Covenant Defaults. The Guarantor fails to perform or observe any covenant or agreement contained in Section 2.01 for a period of five Business Days after notification by the Credit Obligor of such failure;

Appears in 4 contracts

Samples: Limited Credit Guaranty Agreement (Cavalier Homes Inc), Limited Credit Guaranty Agreement (Cavalier Homes Inc), Limited Credit Guaranty Agreement (Cavalier Homes Inc)

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Particular Covenant Defaults. The Guarantor fails to perform or observe any covenant or agreement contained in Section Sections 2.01 or 2.02 for a period of five Business Days business days after the earlier of (i) notification by the Credit Obligor Trustee or a Holder of such failurefailure or (ii) such other time as the Guarantor shall have actual knowledge thereof;

Appears in 3 contracts

Samples: Bond Guaranty Agreement (Accuride Corp), Bond Guaranty Agreement (Transportation Technologies Industries Inc), Lease Agreement (Johnstown America Industries Inc)

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Particular Covenant Defaults. The Guarantor fails to perform or observe any covenant or agreement contained in Section Sections 2.01 for a period of five Business Days after the earlier of (i) notification by the Credit Obligor Trustee or a Holder of such failure;failure or (ii) such other time as the Guarantor shall have actual knowledge thereof.

Appears in 1 contract

Samples: Bond Guaranty Agreement (Peregrine Industries Inc)

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