Default list definition
Examples of Default list in a sentence
Section 3.16 Article VII of the Existing Credit Agreement is hereby amended by adding the following new paragraph at the end of such Article: From and after the Third Amendment Effective Date, upon the occurrence of an Event of Default, the Borrower shall, promptly and in any event within 15 days of the occurrence of such Event of Default, list its real property located at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇., ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ for sale with a licensed commercial real estate broker satisfactory to the Lender.
Section 2.6 Article VII of the Existing Credit Agreement is hereby amended to delete the following paragraph at the end of such Article: From and after the Third Amendment Effective Date, upon the occurrence of an Event of Default, the Borrower shall, promptly and in any event within 15 days of the occurrence of such Event of Default, list its real property located at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇., ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ for sale with a licensed commercial real estate broker satisfactory to the Lender.