Default in Covenants Sample Clauses

Default in Covenants. The Company shall default in any material manner in the observance or performance of any covenants or agreements set forth in the Purchase Agreement; or
AutoNDA by SimpleDocs
Default in Covenants. The Borrower will default in the performance of any other term, covenant or agreement contained in this Loan Agreement, and such default continues unremedied for thirty (30) days after either: 1) it becomes known to an executive officer of the Borrower or 2) written notice has been given to the Borrower by the Lender and the Department.
Default in Covenants. The default by either party hereto in the material observance or performance of any material covenant, condition, or agreement contained herein, or if any material misrepresentation or warranty herein made by either party to the other shall prove to have been false or misleading as of the time made.
Default in Covenants. The Borrower shall default in the performance of any other term, covenant, or agreement contained in this Agreement, and such default shall continue unremedied for fifteen (15) days after either: (i) it becomes known to an executive officer of the Borrower; or (ii) written notice thereof shall have been given to the Borrower by the Lender.
Default in Covenants. The default by Broker or by Owner in the performance of any material covenant, condition or undertaking contained in this Agreement (other than defaults governed by Sections 8, 16.1.1 or 16.1.2 and defaults arising as a result of the circumstances contemplated in Section 7.2 or 7.3, which, in each case, shall be governed by such sections).
Default in Covenants. If any Borrower shall default in the performance of any non-monetary term, covenant or agreement contained in any Collateral Document or any other document executed in connection therewith or otherwise, and such default shall continue for thirty (30) days after either (i) it becomes known to Borrower or (ii) written notice thereof shall have been given to any Borrower by the Bank; provided, however, that if the default is of such nature that it can be corrected but not within said period, the cure period shall be extended so long as Borrower initiates curative action within such period and diligently pursues that action to completion.
Default in Covenants. Time Broker's or Licensee's default in the observance or performance of any material covenant, condition or agreement contained herein; or
AutoNDA by SimpleDocs
Default in Covenants. Default shall be made by Borrower in the due performance or observance of any covenant or condition of this Agreement, other than a covenant for the payment of money, and such default shall not, within forty-five (45) business days after the Borrower has been given notice of such default by the Lender, have been cured.
Default in Covenants. Company shall default in any material manner in the observance or performance of any other affirmative or negative covenants or agreements set forth in the Transaction Documents or its currently effect memorandum and articles of association (other than a breach by the Company of its obligations to deliver Ordinary Shares to the Holder upon conversion, which breach is addressed in clause (h) below) which failure is not cured, if possible to cure, within the earlier to occur of (A) five (5) Business Days after notice of such failure sent by the Holder and (B) ten (10) Business Days after the Company has become or should have become aware of such failure;
Default in Covenants. Unica's or Lotus's material non-observance or material non-performance of any covenant or agreement contained herein, other than a material non-observance or material non-performance that constitutes either a Lotus Material Adverse Event or an Unica Material Adverse Event (each as defined below), (provided, however, that such default shall not constitute an Event of Default hereunder unless such default is not cured within twenty (20) business days after delivery of written notice thereof to the breaching party by the non-breaching party); or
Time is Money Join Law Insider Premium to draft better contracts faster.