Common use of Third Party Default Clause in Contracts

Third Party Default. If the Borrower shall suffer a material default in the performance of any material agreement with any Person other than the Bank; or

Appears in 2 contracts

Samples: Revolving and Term Loan Agreement (Seacoast Banking Corp of Florida), Loan Agreement (Southern Community Bancorp)

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Third Party Default. If the Borrower shall suffer a material default in the performance of any material agreement with any Person other than the BankLender; or

Appears in 1 contract

Samples: Agreement and Plan of Merger (Integrated Electrical Services Inc)

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Third Party Default. If the Borrower shall suffer a material default in the performance of any material agreement with any Person person other than the Bank; or;

Appears in 1 contract

Samples: Loan Agreement (Galaxy Foods Co)

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