Common use of Performance Default Clause in Contracts

Performance Default. The failure of any Obligor to timely and properly observe, keep or perform any covenant or agreement, required herein or in any of the other Loan Documents, other than a payment default subject to Section 11(a), which is not cured within five (5) Business Days following written notice from Lender to such Obligor of such failure;

Performance Default. The failure of any Obligor to timely and properly observe, keep or perform any covenant or agreement, required herein or in any of the other Loan Documents, Documents (other than with respect to a payment default subject as set forth in Section 12(a) or with respect to a default under covenants set forth in Section 11(a), 8 or Section 9) which is not cured within five (5) Business Days 30 days following written notice from Lender to such Obligor of such failure;Obligor.

Performance Default. The failure of any Obligor to timely and properly observe, keep or perform any covenant or agreement, required herein or in any of the other Loan Documents, other than a payment default subject to Section 11(a), Documents which is not cured within five (5) Business Days 30 days following written notice from Lender to such Obligor Obligor; provided that the foregoing notice and opportunity to cure in this subsection (b) will not be required with respect to a payment default as set forth in Section 12(a) or with respect to a default under covenants set forth in Section 8 or Section 9; Section 12(h) of such failure;the Agreement is hereby amended in its entirety as follows: