Common use of Performance Under Clause in Contracts

Performance Under. This Agreement: Other than as set forth in Section 6.2 or 6.3 hereof, the Borrower or any other Loan Party shall fail in any material respect to perform or observe any term, covenant or agreement contained in this Agreement or in any document, instrument or agreement relating to this Agreement or any other document or agreement executed by the Borrower or any other Loan Party with or in favor of Agent and any such failure shall continue unremedied for more than thirty (30) days after written notice from Agent to the Borrower of the existence and character of such Event of Default.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ixys Corp /De/)

Performance Under. This Agreement: Other than as set forth in Section 6.2 or 6.3 hereof, the Borrower or any other Loan Party shall fail in any material respect to perform or observe any term, covenant or agreement contained in this Agreement or in any document, instrument or agreement relating to this Agreement or any other document or agreement executed by the Borrower or any other Loan Party with or in favor of Agent the Bank and any such failure shall continue unremedied for more than thirty (30) days after written notice from Agent the Bank to the Borrower of the existence and character of such Event of Default.

Appears in 1 contract

Sources: Credit Agreement (Ixys Corp /De/)