Covenant Default. If any Loan Party # fails to perform any obligation under Section 6.1(i) or 6.6, # fails to perform any obligation under Article 4, [Section 6.7] or [Section 6.8] and such failure continues for a period of five (5) Business Days, # violates any of the covenants contained in Article 7 of this Agreement, or # fails or neglects to perform, keep, or observe any other material term, provision, condition, covenant, or agreement contained in this Agreement, in any of the Loan Documents, and as to any default under such other term, provision, condition, covenant or agreement in this clause (iv) that can be cured, has failed to cure such default within ten (10) Business Days after Borrower receives notice thereof from Bank or any officer of any Loan Party has knowledge thereof;
Other Defaults. Any Loan Party fails to perform or observe # any term, covenant or agreement contained in Section 6.01, and such failure continues for 10 days, or # any other covenant or agreement (not specified in [subsection (a), (b) or (c)(i)])])] above) contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days; or
Specific Covenants. Any Loan Party fails to perform or observe any term, covenant or agreement contained in # any of Section 6.03, 6.05, 6.08, 6.10, 6.11, 6.12, 6.155]5], Article VII or Article X or # any of [Section 6.01 or 6.02] and, in the case of this clause (b)(ii), such failure continues for five (5) days; or
Specific Covenants. Any Loan Party fails to perform or observe any term, covenant or agreement contained in # Section 6.01 or 6.02 and such failure continues for five Business Days or # any of [Section 6.03(a)]; solely with respect to the Loan Parties, 6.05(a), 6.10 or 6.11 or Article VII; or
Specific Covenants. Any Loan Party fails to perform or observe any term, covenant or agreement contained in # any of [Section 6.03(a), 6.05(a), 6.08, 6.10, 6.11, 6.13, 6.14, 6.18]8]8]8]8]8]8]8], Article VII or Article X or # any of [Section 6.01 or 6.02] and such failure continues for five (5) or more Business Days; or
Specific Covenants. Any Loan Party fails to perform or observe any term, covenant or agreement contained in any of [Sections 6.02(b), 6.03(a), 6.05(a), 6.07, 6.10, 6.11, 6.12, 6.13, 6.14, 6.19, 6.20]0]0]0]0]0]0]0]0]0]0] or Article VII, provided, that, no Event of Default shall be deemed to have arisen herein with respect to [Section 6.02(b), 6.07, or 6.10]0]0] unless such failure continues for five (5) consecutive Business Days (or, with respect to [Section 6.02(b)] during an Accelerated Borrowing Base Delivery Event, two (2) consecutive Business Days); or
Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in [subsection (a) or (b)])] above) contained in any Loan Document on its part to be performed or observed and such failure continues for five days (if such breach relates to terms or provisions of [Section 6.02(b) through (m)]) or 30 days (if such breach relates to terms or provisions of any other Section of this Agreement or any other Loan Document); or
Covenants. Any Loan Party breaches or defaults in the performance of any covenant or Secured Obligation under this Agreement, or any of the other Loan Documents, and # with respect to a default under any covenant under this Agreement (other than under Sections 4.4, 6, 7.4, 7.5, 7.6, 7.7, 7.8, 7.9, 7.15, 7.16, 7.17, 7.20, or 7.211]) or any other Loan Document, such default continues for more than thirty (30) days after the earlier of the date on which # Agent or Lender has given notice of such default to the Loan Parties and # any Loan Party has actual knowledge of such default or # with respect to a default under any of Sections 4.4, 6, 7.4, 7.5, 7.6, 7.7, 7.8, 7.9, 7.15, 7.16, 7.17, 7.20, or 7.211], the occurrence of such default; or
Specific Covenants. The Company fails to perform or observe any term, covenant or agreement contained in any of Section 6.01, 6.02, 6.03, 6.05, 6.10, 6.11, or 6.13 or Article VII; or (c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in [subsection (a) or (b)])] above) contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days; or
Specific Covenants. Any Loan Party shall fail to observe or perform any covenant, condition or agreement contained in # Section 6.1 [financial reporting] and such failure continues for five (5) Business Days after written notice, or # any of Sections 6.3 [existence], 6.7 [compliance], 6.12
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.