{"component": "definition", "props": {"groups": [{"snippet": "means any period of time beginning on the first day of any month during which a Default or Event of Default has occurred and ending on the date the Lender notifies the Borrower in writing that such Default or Event of Default has been cured or waived.", "size": 180, "samples": [{"hash": "i1Yg4gR8xqp", "uri": "/contracts/i1Yg4gR8xqp#default-period", "label": "Credit and Security Agreement (Rf Monolithics Inc /De/)", "score": 21.0, "published": true}, {"hash": "gGAAI7a0KlN", "uri": "/contracts/gGAAI7a0KlN#default-period", "label": "Credit and Security Agreement (Nortech Systems Inc)", "score": 21.0, "published": true}, {"hash": "WqFqMJdOVj", "uri": "/contracts/WqFqMJdOVj#default-period", "label": "Credit and Security Agreement (Rf Monolithics Inc /De/)", "score": 21.0, "published": true}], "snippet_links": [{"key": "period-of-time", "type": "clause", "offset": [10, 24]}, {"key": "beginning-on-the", "type": "clause", "offset": 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prepayments of the Loans in accordance with the terms of Section 2.13 or Section 2.14 or by a combination thereof) and (b) such Defaulting Lender shall have delivered to Company and Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder with respect to its Commitments, and (iii) the date on which Company, Administrative Agent and Requisite Lenders waive all Funding Defaults of such Defaulting Lender in writing.", "size": 119, "samples": [{"hash": "7G1meum4Nrs", "uri": "/contracts/7G1meum4Nrs#default-period", "label": "Credit and Guaranty Agreement (Vca Antech Inc)", "score": 21.8514709473, "published": true}, {"hash": "lNZwZXrQaEt", "uri": "/contracts/lNZwZXrQaEt#default-period", "label": "Credit and Guaranty Agreement (Houghton Mifflin Co)", "score": 21.0, "published": true}, {"hash": "lDFOK0fagAr", "uri": "/contracts/lDFOK0fagAr#default-period", "label": "Credit and Guaranty Agreement (AID Restaurant, Inc.)", "score": 21.0, "published": 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earliest of the following dates: (i) the date on which all Commitments are cancelled or terminated and/or the Obligations are declared or become immediately due and payable and (ii) the date that such Defaulting Lender ceases to hold any portion of the Loans or Commitments.", "size": 116, "samples": [{"hash": "kl3fAK6L2vg", "uri": "/contracts/kl3fAK6L2vg#default-period", "label": "Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)", "score": 28.8877487183, "published": true}, {"hash": "l5OUdSj1GGs", "uri": "/contracts/l5OUdSj1GGs#default-period", "label": "Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)", "score": 28.2361392975, "published": true}, {"hash": "cIIh8MjDV5b", "uri": "/contracts/cIIh8MjDV5b#default-period", "label": "Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)", "score": 28.2169742584, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [11, 26]}, 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cancelled or terminated or the Obligations are declared or become immediately due and payable; (ii) with respect to any Funding Default (other than any such Funding Default arising pursuant to clause (iv) of the definition of Defaulting Lender), the date on which (A) the Default Excess with respect to such Defaulting Lender Group has been reduced to zero (whether by the funding by such Defaulting Lender Group of all payments resulting in such Funding Default of such Defaulting Lender, the non-pro rata application of any voluntary or mandatory prepayments of the Loans in accordance with the terms of this Agreement, or any combination thereof) and (B) such Defaulting Lender has delivered to the Administrative Agent a written reaffirmation of its intention to honor its obligations under this Agreement with respect to its Commitment; and (iii) the date on which the Borrower, the Administrative Agent, and the Majority Lenders waive all Funding Defaults of such Defaulting Lender in writing.", "size": 48, "samples": [{"hash": "qNQtYMAjRK", "uri": "/contracts/qNQtYMAjRK#default-period", "label": "Loan and Servicing Agreement (SLR Investment Corp.)", "score": 34.6591377258, "published": true}, {"hash": "l4rIaJdCOsP", "uri": "/contracts/l4rIaJdCOsP#default-period", "label": "Loan and Servicing Agreement (SLR Investment Corp.)", "score": 33.3340187073, "published": true}, {"hash": "3yL5N5CL81h", "uri": "/contracts/3yL5N5CL81h#default-period", "label": "Ninth Amendment to the Loan and Servicing Agreement (SLR Senior Investment Corp.)", "score": 32.4798088074, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "defaulting-lender-group", "type": "definition", "offset": [27, 50]}, {"key": "the-period", "type": "clause", "offset": [52, 62]}, {"key": "commencing-on-the", "type": "clause", "offset": [63, 80]}, {"key": "date-of", "type": "clause", "offset": [81, 88]}, {"key": "the-applicable", "type": "clause", 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{"key": "the-administrative-agent", "type": "definition", "offset": [911, 935]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [990, 1022]}, {"key": "the-borrower", "type": "definition", "offset": [1083, 1095]}, {"key": "the-majority-lenders", "type": "clause", "offset": [1127, 1147]}, {"key": "funding-defaults", "type": "clause", "offset": [1158, 1174]}, {"key": "in-writing", "type": "clause", "offset": [1201, 1211]}], "hash": "ef0dc1079a18e0d344cc8d462dfb7761", "id": 6}, {"snippet": "means, with respect to any Defaulting Lender, the period commencing on the date of the applicable Defaulted Loan and ending on the earlier of the following dates: (i) the date on which (a) the Default Excess with respect to such Defaulting Lender has been reduced to zero (whether by the funding of any Defaulted Loan by such Defaulting Lender or by the non-pro-rata application of any prepayment pursuant to Section 2.17) and (b) such Defaulting Lender shall have delivered to TMCC, the applicable Borrower and the Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder with respect to its Commitments; and (ii) the date on which TMCC, the applicable Borrower, the Administrative Agent and the Required Lenders waive in writing all defaults relating to the failure of such Defaulting Lender to fund.", "size": 47, "samples": [{"hash": "l011Mq0iL2W", "uri": "/contracts/l011Mq0iL2W#default-period", "label": "Credit Agreement (Toyota Motor Credit Corp)", "score": 33.8870620728, "published": true}, {"hash": "c97lpCif9Go", "uri": "/contracts/c97lpCif9Go#default-period", "label": "Credit Agreement (Toyota Motor Credit Corp)", "score": 33.8870620728, "published": true}, {"hash": "aaU5qQKrvtU", "uri": "/contracts/aaU5qQKrvtU#default-period", "label": "364 Day Credit Agreement (Toyota Motor Credit Corp)", "score": 33.8870620728, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": 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Lender, the period commencing on the date of the applicable Funding Default, or violation of Section 9.5(c), and ending on the earliest of the following dates: (i) the date on which all Commitments are cancelled or terminated and/or the Obligations are declared or become immediately due and payable, (ii) the date on which (a) the Default Excess with respect to such Defaulting Lender shall have been reduced to zero (whether by the funding by such Defaulting Lender of any Defaulted Loans of such Defaulting Lender or by the non-pro rata application of any voluntary or mandatory prepayments of the Loans in accordance with the terms of Section 2.12 or Section 2.13 or by a combination thereof), and (b) such Defaulting Lender shall have delivered to the Company Representative and Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder with respect to its Commitments, (iii) the date on which Company Representative, Administrative Agent and Requisite Lenders waive all Funding Defaults of such Defaulting Lender in writing, and (iv) to the extent such Defaulting Lender is a Defaulting Lender solely due to a violation of Section 9.5(c), the date on which Administrative Agent shall have waived all violations of Section 9.5(c) by such Defaulting Lender in writing.", "size": 24, "samples": [{"hash": "ilBVwYZ0cuN", "uri": "/contracts/ilBVwYZ0cuN#default-period", "label": "Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)", "score": 29.3093776703, "published": true}, {"hash": "lWJX3txVnD7", "uri": "/contracts/lWJX3txVnD7#default-period", "label": "Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)", "score": 26.1238880157, "published": true}, {"hash": "coXOLb5hhXy", "uri": "/contracts/coXOLb5hhXy#default-period", "label": "Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)", "score": 24.9904174805, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "defaulting-lender", "type": "definition", "offset": [27, 44]}, {"key": "the-period", "type": "clause", "offset": [46, 56]}, {"key": "commencing-on-the", "type": "clause", "offset": [57, 74]}, {"key": "date-of", "type": "clause", "offset": [75, 82]}, {"key": "the-applicable", "type": "clause", "offset": [83, 97]}, {"key": "the-obligations", "type": "clause", "offset": [271, 286]}, {"key": "due-and-payable", "type": "definition", "offset": [322, 337]}, {"key": "default-excess", "type": "definition", "offset": [370, 384]}, {"key": "to-zero", "type": "definition", "offset": [448, 455]}, {"key": "the-funding", "type": "clause", "offset": [468, 479]}, {"key": "defaulted-loans", "type": "clause", "offset": [513, 528]}, {"key": "the-non", "type": "clause", "offset": [561, 568]}, {"key": "pro-rata", "type": "definition", "offset": [569, 577]}, {"key": "application-of", "type": "clause", "offset": [578, 592]}, {"key": "mandatory-prepayments-of-the-loans", "type": "clause", "offset": [610, 644]}, {"key": "in-accordance-with", "type": "clause", "offset": [645, 663]}, {"key": "terms-of", "type": "definition", "offset": [668, 676]}, {"key": "the-company-representative", "type": "clause", "offset": [791, 817]}, {"key": "administrative-agent", "type": "clause", "offset": [822, 842]}, {"key": "requisite-lenders", "type": "clause", "offset": [1025, 1042]}, {"key": "funding-defaults", "type": "clause", "offset": [1053, 1069]}, {"key": "in-writing", "type": "clause", "offset": [1096, 1106]}, {"key": "to-the-extent", "type": "clause", "offset": [1117, 1130]}, {"key": "agent-shall", "type": "definition", "offset": [1255, 1266]}], "hash": "6da2162b4c61347950faaed58fe2966a", "id": 9}, {"snippet": "means, with respect to any Defaulting Lender, (i) in the case of any Defaulted Advance, the period commencing on the date the applicable Defaulted Advance was required to be extended to the Borrower under this Agreement, in the case of a Revolver Advance or any participation in a Letter of Credit (after giving effect to any applicable grace period) and ending on the earlier of the following: (x) the date on which (A) the Default Excess with respect to such Defaulting Lender has been reduced to zero (whether by the funding of any Defaulted Advance by such Defaulting Lender, Cash Collateralizing its pro rata share of outstanding Letters of Credit or by the non-pro-rata application of any prepayment pursuant to Section 9.08(c)) and (B) such Defaulting Lender shall have delivered to the Borrower and the Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder; and (y) the date on which the Borrower, the Administrative Agent and the Required Lenders (and not including such Defaulting Lender in any such determination, in accordance with Section 9.08(a)) waive the application of Section 9.08 with respect to such Defaulted Advances of such Defaulting Lender in writing; (ii) in the case of any Defaulted Payment, the period commencing on the date the applicable Defaulted Payment was required to have been paid to the Administrative Agent, the Issuing Bank or other Lender under this Agreement (after giving effect to any applicable grace period) and ending on the earlier of the following: (x) the date on which (A) such Defaulted Payment has been paid to the Administrative Agent, the Issuing Bank or other Lender, as applicable, together with (to the extent that such Person has not otherwise been compensated by the Borrower for such Defaulted Payment) interest thereon for each day from and including the date such amount is paid but excluding the date of payment, at the greater of the Federal Funds Rate plus two percent (2.0%) and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation (whether by the funding of any Defaulted Payment by such Defaulting Lender or by the application of any amount pursuant to Section 9.08(c)) and (B) such Defaulting Lender shall have delivered to the Administrative Agent, the Issuing Bank or other Lender, as applicable, a written reaffirmation of its intention to honor its obligations hereunder with respect to such payments; and (y) the date on which the Administrative Agent, the Issuing Bank or any such other Lender, as applicable waives the application of Section 9.08 with respect to such Defaulted Payments of such Defaulting Lender in writing; and (iii) in the case of any Distress Event determined by the Administrative Agent (in its good faith judgment) or the Required Lenders (in their respective good faith judgment) to exist, the period commencing on the date that the applicable Distress Event was so determined to exist and ending on the earlier of the following: (x) the date on which (A) such Distress Event is determined by the Administrative Agent (in its good faith judgment) or the Required Lenders (in their respective good faith judgment) to no longer exist and (B) such Defaulting Lender shall have delivered to the Borrower and the Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder; and (y) such date as the Borrower and the Administrative Agent mutually agree, in their sole discretion, to waive the application of Section 9.08 with respect to such Distress Event of such Defaulting Lender.", "size": 23, "samples": [{"hash": "5DCRfYiTqQJ", "uri": "/contracts/5DCRfYiTqQJ#default-period", "label": "Credit Agreement (MSC Income Fund, Inc.)", "score": 36.1704330444, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "defaulting-lender", "type": "definition", "offset": [27, 44]}, {"key": "in-the-case", "type": "clause", "offset": [50, 61]}, {"key": "defaulted-advance", "type": "definition", "offset": [69, 86]}, {"key": "the-period", "type": "clause", "offset": [88, 98]}, {"key": "commencing-on-the", "type": "clause", "offset": [99, 116]}, {"key": "the-applicable", "type": "clause", "offset": [122, 136]}, {"key": "to-the-borrower", "type": "definition", "offset": [183, 198]}, {"key": "this-agreement", "type": "clause", "offset": [205, 219]}, {"key": "revolver-advance", "type": "definition", "offset": [238, 254]}, {"key": "a-letter-of-credit", "type": "definition", "offset": [279, 297]}, {"key": "after-giving", "type": "clause", "offset": [299, 311]}, {"key": "applicable-grace-period", "type": "definition", "offset": [326, 349]}, {"key": "default-excess", "type": "definition", "offset": [425, 439]}, {"key": "to-zero", "type": "definition", "offset": [496, 503]}, {"key": "the-funding", "type": "clause", "offset": [516, 527]}, {"key": "cash-collateralizing", "type": "definition", "offset": [580, 600]}, {"key": "pro-rata-share", "type": "definition", "offset": [605, 619]}, {"key": "outstanding-letters-of-credit", "type": "clause", "offset": [623, 652]}, {"key": "the-non", "type": "clause", "offset": [659, 666]}, {"key": "pursuant-to-section", "type": "clause", "offset": [706, 725]}, {"key": "the-administrative-agent", "type": "definition", "offset": [807, 831]}, {"key": "agent-and-the-required-lenders", "type": "clause", "offset": [968, 998]}, {"key": "such-determination", "type": "definition", "offset": [1048, 1066]}, {"key": "in-accordance-with", "type": "clause", "offset": [1068, 1086]}, {"key": "application-of-section", "type": "clause", "offset": [1114, 1136]}, {"key": "in-writing", "type": "clause", "offset": [1208, 1218]}, {"key": "the-issuing-bank", "type": "clause", "offset": [1390, 1406]}, {"key": "other-lender", "type": "definition", "offset": [1410, 1422]}, {"key": "to-the-extent", "type": "clause", "offset": [1697, 1710]}, {"key": "by-the-borrower", "type": "clause", "offset": [1763, 1778]}, {"key": "but-excluding", "type": "clause", "offset": [1885, 1898]}, {"key": "date-of-payment", "type": "clause", "offset": [1903, 1918]}, {"key": "the-federal-funds-rate", "type": "definition", "offset": [1938, 1960]}, {"key": "industry-rules", "type": "definition", "offset": [2062, 2076]}, {"key": "payment-by", "type": "clause", "offset": [2144, 2154]}, {"key": "payments-of", "type": "definition", "offset": [2659, 2670]}, {"key": "distress-event", "type": "definition", "offset": [2735, 2749]}, {"key": "good-faith-judgment", "type": "clause", "offset": [2797, 2816]}, {"key": "mutually-agree", "type": "definition", "offset": [3473, 3487]}, {"key": "sole-discretion", "type": "definition", "offset": [3498, 3513]}, {"key": "to-waive", "type": "clause", "offset": [3515, 3523]}, {"key": "event-of", "type": "definition", "offset": [3586, 3594]}], "hash": "545937bbe8fc1ae668d0bccbeb754cb2", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXZGVmYXVsdC1wZXJpb2QjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means any period of time beginning on the first day of any month during which a Default or Event of Default has occurred and ending on the date the Lender notifies the Borrower in writing that such Default or Event of Default has been cured or waived.", "size": 1208, "title": "Default Period", "id": "default-period", "examples": ["In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, the <strong>Default Period</strong> has ended."], "related": [["registration-default-period", "Registration Default Period", "Registration <strong>Default Period</strong>"], ["default-date", "Default Date", "Default Date"], ["default-event", "Default Event", "Default Event"], ["default-fee", "Default Fee", "Default Fee"], ["non-monetary-default-cure-period", "Non-Monetary Default Cure Period", "Non-Monetary Default Cure Period"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00"}, "json": true, "cursor": ""}}