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Breach of Certain Covenants
Breach of Certain Covenants contract clause examples

Breach of Certain Covenants. Failure of any Note Party to perform or comply with any term or condition contained in # [Section 5.1(a), (b), (c), (d), (f), (g), (i), (j), (l), (p), (q) and (r)])])])])])])])])])])])], Section 5.2, Section 5.3, Section 5.5, Section 5.7, [Section 5.8], [Section 5.9], [Section 5.10], [Section 5.11], [Section 5.14], [Section 5.15], or Section 6 or # all other subclauses in Section 5.1 not referred to in [clause (i) above], Section 5.4 and Section 5.6, and, in the case of this clause (ii), such failure shall continue unremedied for a period of five (5) or more days after the earlier of # receipt by Company of notice from any Purchaser of such default and # an Responsible Officer of Company becoming aware of such failure; or

"(c) Breach of Certain Covenants. Failure of any Loan Party to perform or comply with any term or condition contained in # Section 2.5, Section 5.2, [Section 5.5], [Section 5.8], [Section 5.14], [Section 5.15], [Section 5.17], [Section 5.20], [Section 5.21 or ARTICLE]E] VI; and # Section 5.1, [Section 5.3], [Section 5.4], [Section 5.6], [Section 5.7], [Section 5.9], [Section 5.10], [Section 5.11], [Section 5.13], [Section 5.16], [Section 5.18] and [Section 5.19] and, in the case of this clause (ii), such default shall not have been remedied or waived within five Business Days after the earlier of # an Authorized Officer of such Loan Party becoming aware of such default, or # receipt by Company of notice from Collateral Agent or any Lender of such default; or"

“(c) Breach of Covenants. Failure of any Loan Party to perform or comply with any term or condition contained in # Section 2.2, [Section 5.1(a)-(m)])], [Section 5.1(o)-(t)])], [Section 5.2], [Section 5.3], [Section 5.5], [Section 5.7(c)], [Section 5.8], [Section 5.9], [Section 5.12], [Section 5.13], [Section 5.15] or Article VI or # [Section 5.4], [Section 5.6], [Section 5.7] (a)-(b), [Section 5.10] or [Section 5.11], and, solely in the case of this clause (ii), such failure shall continue unremedied for 10 Business Days following notice of such failure”

“(c) Breach of Covenants. Failure of any Loan Party to perform or comply with any term or condition contained in # Section 2.2, [Section 5.1(a)-(m)])], [Section 5.1(o)-(t)])], [Section 5.2], [Section 5.3], [Section 5.5], [Section 5.7(c)], [Section 5.8], [Section 5.9], [Section 5.12], [Section 5.13], [Section 5.15], [Section 5.16] or Article VI or # [Section 5.4], [Section 5.6], [Section 5.7(a)-(b)])], [Section 5.10] or [Section 5.11], and, solely in the case of this clause (ii), such failure shall continue unremedied for 10 Business Days following notice of such failure; or”

the failure on the part of the Borrower to observe or perform the covenants set forth in # [Sections 5.1(b)](with respect to Borrower’s existence), 5.1(i), 5.1(o)(vi) or 5.2 (including, without limitation, [Section 5.2(n)] (Financial Covenants)) and # [Sections 5.1(c), 5.1(d), 5.1(e), 5.1(f), 5.1(h), 5.1(o)(i)-(v), 5.1(o)(vii) and 5.1(v)])])])])])])])])], and such failure in the case of this clause (ii) shall continue unremedied for a period of five (5) or more Business Days after the earlier to occur of # the date on which written notice of such failure shall have been given to the Borrower by the Administrative Agent and # the date on which the Borrower acquires knowledge thereof; or

Breach of Covenant. (i) Any breach by any Credit Party of any of the covenants in Section 5.1, Section 5.2(f), Section 5.2(g), [Section 5.2(j)(iii)], Section 5.2(s), Section 5.2(t), Section 5.3(a), Section 5.15, Section 5.16 or Article 6 of this Agreement or the corresponding covenants in any Guaranty; or # any breach by any Credit Party of any other covenant contained in this Agreement (other than those specified in Section 7.1(a), Section 7.1(b) or the [foregoing clause (i) of this Section 7.1(c)]) or any other Credit Document and such breach shall remain unremedied for a period of thirty (30) days after the earlier of # the date on which any Credit Party has actual knowledge of such breach and # the date written notice of such breach shall have been given to the Borrower by any Lender (such grace period to be applicable only in the event such Default can be remedied by corrective action of a Credit Party or any of its Subsidiaries);

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