Example ContractsClausesBreach of Guaranty or Pledge Agreement
Breach of Guaranty or Pledge Agreement
Breach of Guaranty or Pledge Agreement contract clause examples

Breach of Guaranty. Termination or breach of any Guaranty or Guaranty Security Agreement or any provision or term contained therein or similar agreement executed and delivered to Agent in connection with the Obligations of any Borrower, or if any Guarantor attempts to terminate, challenges the validity of, or its liability under, any such Guaranty or Guaranty Security Agreement or similar agreement;

Pledge Agreement. After delivery of the Pledge Agreement pursuant to [Section 6.20], the Administrative Agent shall for any reason (other than due to the Administrative Agent’s actions or inactions) cease to have a valid and perfected Lien on the Collateral purported to be covered thereby.

Breach of Guaranty or Pledge Agreement. (a) Breach by any Credit Party of any Guaranty, Pledge Agreement or similar agreement executed and delivered to Agent in connection with the Obligations of any Borrower which is not cured within thirty (30) days from the occurrence of such breach, or # if any Guarantor or pledgor terminates or attempts to terminate, challenges the validity of, or its liability under, any such Guaranty, Pledge Agreement or similar agreement;

Pledge Agreement. The Incoming Borrower shall have executed and delivered to the Administrative Agent the Pledge Agreement together with # the Pledged Interests of each Borrower (other than the Partnership and the Incoming Borrower) and # instruments of transfer, proxies and any and all other documents or instruments required by the Pledge Agreement.

Breach of Guaranty or Pledge Agreement. Termination of any Guaranty, Guarantor Security Agreement, Pledge Agreement or similar agreement executed and delivered to Agent in connection with the Obligations of any Borrower, or if any Guarantor or pledgor attempts to terminate, challenges the validity of, or its liability under, any such Guaranty, Guarantor Security Agreement, Pledge Agreement or similar agreement.

Breach of Performance Guaranty. Any failure by Sponsor to perform under the Performance Guaranty (other than a failure to pay Liquidated Damages covered in [clause (F) above]) after giving effect to any cure periods therein; provided that a breach by Sponsor of the Liquidity Requirement is not an Event of Default hereunder but is an Early Amortization Event.

Pledge Agreement. After delivery of the Pledge Agreement pursuant to [Section 6.20], the Administrative Agent shall for any reason (other than due to the Administrative Agent’s actions or inactions) cease to have a valid and perfected Lien on the Collateral purported to be covered thereby.

Breach of Guaranty or Pledge Agreement. Termination or breach of any Guaranty, Guarantor Security Agreement, Pledge Agreement or similar agreement executed and delivered to Agent in connection with the Obligations of any Borrower, or if any Guarantor or pledgor attempts to terminate, challenges the validity of, or its liability under, any such Guaranty, Guarantor Security Agreement, Pledge Agreement or similar agreement;

Breach of Guaranty, Guarantor Security Agreement or Pledge Agreement. Termination or breach of any Guaranty, Guarantor Security Agreement, Pledge Agreement or similar agreement executed and delivered to Agent in connection with the Obligations, or if any Guarantor or pledgor attempts to terminate, challenges the validity of, or its liability under, any such Guaranty, Guarantor Security Agreement, Pledge Agreement or similar agreement;

Breach of Guaranty or Pledge Agreement. (a) Breach by any Credit Party of any Guaranty, Pledge Agreement or similar agreement executed and delivered to Agent in connection with the Obligations of any Borrower which is not cured within thirty (30) days from the occurrence of such breach, or # if any Guarantor or pledgor terminates or attempts to terminate, challenges the validity of, or its liability under, any such Guaranty, Pledge Agreement or similar agreement;

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