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Breach of Other Covenants
Breach of Other Covenants contract clause examples
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Breach of Covenants. Any breach of any covenant or agreement of Buyer in this Agreement.

Breach of Covenants. Failure by the Maker in the due performance or observance of any covenant or agreement contained in this Note and such failure shall continue unremedied for a period of fifteen (15) business days after the Maker first becomes aware of such failure.

Breach of Covenants. The Borrower breaches any material covenant or other material term or condition contained in this Note and any collateral documents including but not limited to the Purchase Agreement and such breach continues for a period of twenty (20) days after written notice thereof to the Borrower from the Holder.

Breach of Covenants. The Company acknowledges and agrees that if the Company breaches any of the covenants set forth in this Section 4, in addition to any other remedies available to the Buyer pursuant to this Agreement, it will be considered an Event of Default under [Section 3.3] of the Note.

Breach of Covenants. Borrower shall breach any covenant, term or condition, or fail to perform any obligation under this Master Agreement or any other agreement with Lender and such breach or failure to perform such breach or failure shall continue for thirty (30) days from its occurrence.

Breach of Covenants. The Company acknowledges and agrees that if the Company breaches any of the covenants set forth in this Section 4, in addition to any other remedies available to the Buyer pursuant to this Agreement, it will be considered an Event of Default under [Section 3.3] of the Note.

Breach of Restrictive Covenants. Executive acknowledges and agrees that any breach by Executive of the restrictions set forth in ARTICLE 5, ARTICLE 6 and ARTICLE 7 shall be considered a material breach of this Agreement entitling Ceridian to seek damages and pursue any additional rights or remedies as may be available to it at law or in equity.

Breach of Certain Covenants. The Borrower shall fail to perform or observe any term, covenant or agreement contained in [Section 2.14, 5.01(e)])] (only with respect to the Borrower or the Parent Guarantor), [(i), (o), (p) or (q)])])], 5.02, 5.03 or 5.04; or

Breach of Certain Covenants. Failure of any Loan Party, as required by the relevant provision, to perform or comply with any term or condition contained in [Section 5.01(d)(i)] (provided that any Event of Default arising from the failure to timely deliver any notice of Default or Event of Default, as applicable shall automatically be deemed to have been cured (and no longer continuing) immediately upon the earlier to occur of # the delivery of notice of the relevant Default or Event of Default and # the cessation of the existence of the underlying Default or Event of Default), [Section 5.02] (as it applies to the preservation of the existence of each Borrower) or Article 6; provided that, notwithstanding this clause (c), no breach or default by any Loan Party under [Section 6.13(a)] will constitute an Event of Default with respect to any Term B Loan unless and until the Administrative Agent has # at the request of the Required Term A Lenders, demanded repayment of, or otherwise accelerated the Indebtedness or other obligations in respect of the Initial Term A Loans and the 2020 Extended Term A Loans and # at the request of the Required Revolving Lenders, terminated the commitments under the Revolving Facility and demanded repayment of, or otherwise accelerated, the Indebtedness or other obligations under the Revolving Facility (the “Financial Covenant Standstill”); it being understood and agreed that any breach of [Section 6.13(a)] is subject to cure as provided in [Section 6.13(b)], and no Event of Default may arise under [Section 6.13(a)] until the 15th Business Day after the day on which financial statements are required to be delivered for the relevant Fiscal Quarter under [Sections 5.01(a) or (b)])], as applicable (unless the Cure Right has been exercised five times over the life of this Agreement and/or the Cure Right has been exercised twice in the applicable four consecutive Fiscal Quarter period), and then only to the extent the Cure Amount has not been received on or prior to such date; provided that notwithstanding the foregoing, no Revolving Lender or Issuing Bank shall be required to make any Revolving Loan or issue any Letter of Credit during the Cure Period unless and until the Cure Amount is received; or (d) Breach of Representations, Etc. Any representation, warranty or certification made or deemed made by any Loan Party in any Loan Document or in any certificate required to be delivered in connection herewith or therewith (including, for the avoidance of doubt, any Perfection Certificate) being untrue in any material respect as of the date made or deemed made (subject, in the case of any representation and/or warranty that is capable of being cured, to a grace period of 30 days following the Administrative Borrower’s receipt of a written notice of the inaccuracy of the relevant representation, warranty or certification); or

Breach of Certain Covenants. Failure of any Loan Party, as required by the relevant provision, to perform or comply with any term or condition contained in [Section 5.01(d)(i)] (provided that any Event of Default arising from the failure to timely deliver any notice of Default or Event of Default, as applicable shall automatically be deemed to have been cured (and no longer continuing) immediately upon the earlier to occur of # the delivery of notice of the relevant Default or Event of Default and # the cessation of the existence of the underlying Default or Event of Default), Section 5.02 (as it applies to the preservation of the existence of each Borrower) or Article 6; provided that, notwithstanding this clause (c), no breach or default by any Loan Party under Section 6.13(a) will constitute an Event of Default with respect to any Term B Loan unless and until the Administrative Agent has # at the request of the Required Term A Lenders, demanded repayment of, or otherwise accelerated the Indebtedness or other obligations in respect of the Initial Term A Loans and # at the request of the Required Revolving Lenders, terminated the commitments under the Revolving Facility and demanded repayment of, or otherwise accelerated, the Indebtedness or other obligations under the Revolving Facility (the “Financial Covenant Standstill”); it being understood and agreed that any breach of Section 6.13(a) is subject to cure as provided in Section 6.13(b), and no Event of Default may arise under Section 6.13(a) until the 15th Business Day after the day on which financial statements are required to be delivered for the relevant Fiscal Quarter under Sections 5.01(a) or (b), as applicable (unless the Cure Right has been exercised five times over the life of this Agreement and/or the Cure Right has been exercised twice in the applicable four consecutive Fiscal Quarter period), and then only to the extent the Cure Amount has not been received on or prior to such date; provided that notwithstanding the foregoing, no Revolving Lender or Issuing Bank shall be required to make any Revolving Loan or issue any Letter of Credit during the Cure Period unless and until the Cure Amount is received; or (d) Breach of Representations, Etc. Any representation, warranty or certification made or deemed made by any Loan Party in any Loan Document or in any certificate required to be delivered in connection herewith or therewith (including, for the avoidance of doubt, any Perfection Certificate) being untrue in any material respect as of the date made or deemed made (subject, in the case of any representation and/or warranty that is capable of being cured, to a grace period of 30 days following the Administrative Borrower’s or the Administrative Agent’s receipt of a written notice of the inaccuracy of the relevant representation, warranty or certification); or

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