{"component": "clause", "props": {"groups": [{"snippet": "In the absence of an exercise of the Investor\u2019s Election, the Company may be in default under Sections 8(i) and 8(x) of the Investor Note(s) for failure to pay the outstanding amounts due under the Investor Note(s) (the \u201cSpecified Default\u201d).", "samples": [{"hash": "4k6McCoEoXF", "uri": "/contracts/4k6McCoEoXF#specified-default", "label": "Forbearance Agreement (SQL Technologies Corp.)", "score": 25.6201229095, "published": true}, {"hash": "h5PHfdqxtcj", "uri": "/contracts/h5PHfdqxtcj#specified-default", "label": "Forbearance Agreement (Safety Quick Lighting & Fans Corp.)", "score": 25.5489387512, "published": true}], "size": 3, "snippet_links": [{"key": "the-investor", "type": "definition", "offset": [33, 45]}, {"key": "the-company", "type": "clause", "offset": [58, 69]}, {"key": "default-under", "type": "clause", "offset": [80, 93]}, {"key": "failure-to-pay", "type": "clause", "offset": [145, 159]}, {"key": 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the commencement against CIB, any CIB Shareholder, Inmex or any Inmex Shareholder or, for so long as Inmex shall be a Majority Owned Subsidiary of KO or KO shall be the legal successor of Inmex, KO of any proceeding specified in clause (ii) of this Section 6.1, and such proceeding has resulted in the entry of an order for any relief which shall not have been vacated, discharged, stayed or bonded pending appeal within 60 days from the entry thereof.", "samples": [{"hash": "bQaBILsQnnx", "uri": "/contracts/bQaBILsQnnx#specified-default", "label": "Shareholders Agreement", "score": 29.3408622742, "published": true}, {"hash": "dqTxZ1LK29z", "uri": "/contracts/dqTxZ1LK29z#specified-default", "label": "Shareholders Agreement (Coca Cola Femsa Sa De Cv)", "score": 19.0, "published": true}], "size": 2, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [82, 97]}, {"key": "breach-or-violation", "type": "clause", "offset": [137, 156]}, {"key": "significant-obligation", 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{"key": "article-viii", "type": "clause", "offset": [69, 81]}], "hash": "484542346a75eee0e2eff20f74d9c6b2", "id": 4}, {"snippet": "As used in this Section 14, the term \u201cSpecified Default\u201d means (i) any Default pursuant to Section 9.1(a) or Section 9.1(e) of the Loan Agreement or (ii) any Event of Default.", "samples": [{"hash": "9H8kqN1AXG3", "uri": "/contracts/9H8kqN1AXG3#specified-default", "label": "Term Loan Agreement (Public Service Co of New Mexico)", "score": 27.332649231, "published": true}, {"hash": "dGUHGBRLXLJ", "uri": "/contracts/dGUHGBRLXLJ#specified-default", "label": "Guaranty Agreement (Public Service Co of New Mexico)", "score": 25.332649231, "published": true}], "size": 2, "snippet_links": [{"key": "section-14", "type": "definition", "offset": [16, 26]}, {"key": "the-term", "type": "definition", "offset": [28, 36]}, {"key": "pursuant-to-section", "type": "clause", "offset": [79, 98]}, {"key": "agreement-or", "type": "definition", "offset": [136, 148]}, {"key": "event-of-default", "type": "definition", "offset": [158, 174]}], "hash": "8d7f5d511a1145988ab1f3f622005e1e", "id": 5}, {"snippet": "An Event of Default under Section 8.01(c) of the Credit Agreement as a result of Company\u2019s failure to enter into a final definitive agreement (including exhibits and schedules as applicable) with respect to the sale of all or substantially all of the Credit Parties\u2019 and their Subsidiaries\u2019 business, as required by Section 5.15(a) of the Credit Agreement.", "samples": [{"hash": "8xJ27iXIic", "uri": "/contracts/8xJ27iXIic#specified-default", "label": "Forbearance Agreement (Speed Commerce, Inc.)", "score": 26.9685153961, "published": true}], "size": 1, "snippet_links": [{"key": "event-of-default-under", "type": "definition", "offset": [3, 25]}, {"key": "the-credit-agreement", "type": "clause", "offset": [45, 65]}, {"key": "to-enter", "type": "definition", "offset": [99, 107]}, {"key": "definitive-agreement", "type": "clause", "offset": [121, 141]}, {"key": "exhibits-and-schedules", "type": "definition", "offset": [153, 175]}, {"key": "with-respect-to", "type": "clause", "offset": [191, 206]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [219, 243]}, {"key": "the-credit-parties", "type": "clause", "offset": [247, 265]}, {"key": "as-required-by", "type": "clause", "offset": [301, 315]}], "hash": "32aefc63fac80c6c9a3f069fc1a52c30", "id": 6}, {"snippet": "For the avoidance of doubt, nothing contained in this Amendment is intended, or shall be deemed or construed, to (i) constitute a waiver of the Specified Default or any existing or future Defaults or Events of Default (including any Event of Default arising from the Specified Default) or compliance with any term or provision of the Loan Documents or at law or in equity, (ii) establish a custom or course of dealing between the Borrower, on the one hand, and the Administrative Agent and/or any Lenders, on the other hand, or (iii) waive, alter or impair the obligations or any of the rights or remedies of the Administrative Agent or the Lenders under the Loan Documents, at law or in equity. The Administrative Agent and the Lenders expressly reserve all of their rights, powers, privileges and remedies under the Credit Agreement, the other Loan Documents, applicable law or otherwise with respect to any Default or Event of Default (including the Specified Default) now existing or hereafter arising under the Credit Agreement or any of the other Loan Documents, including (as applicable): (i) the right to declare the commitments to be terminated, (ii) the right to demand immediate full payment of all Obligations owing under the Credit Agreement and the other Loan Documents, (iii) the right to demand default 4886-6992-8312 v.3 interest and (iv) the right to enforce any remedies in respect of assets subject to a security interest in favor of the Administrative Agent, including applying any cash collateral to repay any outstanding Obligations. The failure of the Administrative Agent or any Lender to exercise any such rights, powers, privileges and remedies is not intended, and shall not be construed, to be a waiver of any such Default or Event of Default (including the Specified Default). The Administrative Agent and Lenders may elect to exercise any or all of their rights, at their sole option, at any time hereafter, without the necessity of any further notice, demand or other action on the part of the Administrative Agent or Lenders. To the extent that the Credit Agreement or any other Loan Document prohibits, restricts or limits the use of or reliance on any \u201cbasket\u201d by any of the Obligors or any of their respective Subsidiaries upon the occurrence and during the continuance of a Default or Event of Default, or includes any other limitation, restriction or prohibition on certain actions or inactions that may be taken or omitted or otherwise acquiesced to by or on behalf of the Borrower or any other Loan Party pursuant to the Credit Agreement or any other Loan Document, then such prohibition, restriction or limitation shall continue to apply, and nothing herein shall be construed as permitting the Obligors or any of their Subsidiaries to take any action that is not permitted to be taken, or have any right not allowed, upon the occurrence and during the continuance of a Default or Event of Default pursuant to the terms of the Loan Documents.", "samples": [{"hash": "927KqOnmaAO", "uri": 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