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Default in Performance of Certain Covenants
Default in Performance of Certain Covenants contract clause examples

Default in Performance of Certain Covenants. Any Credit Party or any Restricted Subsidiary thereof shall default in the performance or observance of any covenant or agreement contained in # [Sections 8.1 or 8.2(a)] and such failure is not cured within 15 days after the earlier of # the Administrative Agent’s delivery of written notice and receipt by the Borrower thereof, and # the Borrower’s delivery of a written notice thereof to the Administrative Agent or # [Sections 8.3(a), 8.4, 8.13, 8.14, 8.15, 8.16]6]6]6]6]6] or Article IX.

Default in Performance of Other Covenants and Conditions. Any Credit Party or any Restricted Subsidiary thereof shall default in the performance or observance of any term, covenant, condition or agreement contained in this Agreement (other than as specifically provided for in subsection [(a), (b), (c) or (d) of this Section 11.1]) or any other Loan Document and such default shall continue for a period of thirty (30) days after the earlier of # the Administrative Agent’s delivery of written notice thereof to the Borrower and # a Responsible Officer of any Credit Party having obtained knowledge thereof.

Covenant Default. (i) Any Credit Party or any Restricted Subsidiary fails to perform or observe any term, covenant or agreement contained in any of Section 5.1 (and such failure continues for a period of 5 Business Days following written notice by the Administrative Agent to the Borrowers), [Section 5.3(i)], [Section 5.4(a)], Section 5.5 (with respect to maintaining the existence of any Credit Party) Section 5.10, Section 5.19 or Article VI (subject to the Borrowers’ right to use the Equity Cure pursuant to [Section 7.3] or the Prepayment Cure pursuant to [Section 7.4]); or # Any Credit Party or any Restricted Subsidiary shall fail to perform or observe any other term or covenant contained herein or in any of the Credit Documents (other than those specified in [Sections 7.1(a) and (b)])] and [Section 7.1(c)(i)]), on its part to be performed or observed and such failure shall not be remedied within thirty (30) days following the earlier of # written notice by the Administrative Agent to the Borrowers or # actual knowledge of such failure by a Responsible Officer of any Borrower; or

Default in Performance of Other Covenants and Conditions. Any Credit Party or any Restricted Subsidiary thereof shall default in the performance or observance of any term, covenant, condition or agreement contained in this Agreement (other than as specifically provided for in this Section) or any other Loan Document and such default shall continue for a period of 30 days after the earlier of # the Administrative Agent’s delivery of written notice thereof to the Borrower and # a Responsible Officer of any Credit Party having obtained actual knowledge thereof.

Default in Performance of Certain Covenants. Any Credit Party or any Restricted Subsidiary thereof shall default in the performance or observance of any covenant or agreement contained in [Sections 9.2(a), 9.3(a), 9.4, 9.12, 9.13 or 9.14]4]4]4]4]4] or Article X.

Default in Performance of Certain Covenants. Any Credit Party or any Subsidiary shall default in the performance or observance of any covenant or agreement contained in [Sections 7.1, 7.2(a), 7.3(b), 7.4, 7.13, 7.14 or 7.15]5]5]5]5]5]5] or Article VIII.

Default in Performance of Certain Covenants. The Borrower or any other Credit Party shall default in the performance or observance of any covenant or agreement contained in Sections 7.1, 7.2, 7.4(e)(i), 8.11]1]1] (solely with respect to existence of the Borrower) or Articles IX or X.

Default in Performance of Other Covenants and Conditions. The Borrower or any other Credit Party shall default in the performance or observance of any term, covenant, condition or agreement contained in this Agreement (except as otherwise specifically provided in this Section) or any other Loan Document and such default shall continue for a period of thirty (30) days after the earlier of # the Administrative Agent’s delivery of written notice thereof to the Borrower and # a Responsible Officer of any Credit Party having obtained actual knowledge thereof.

Covenants. Holdings, any Borrower or any Restricted Subsidiary shall # default in the due performance or observance by it of any term, covenant or agreement contained in [Section 9.01(f)(i), 9.04] (as to Lead Borrower), 9.11, 9.14(a) or Section 10 or # default in the due performance or observance by it of any other term, covenant or agreement contained in this Agreement or in any other Credit Document (other than those set forth in Sections 11.01 and 11.02), and such default shall continue unremedied for a period of 30 days after written notice thereof to Lead Borrower by the Administrative Agent, the Collateral Agent or the Required Lenders; or

default in the due performance or observance by it of any term, covenant or agreement (other than those referred to in subsections (a), (b) or (c)[(i) or (ii) of this Section 9.1]) contained in this Credit Agreement and such default shall continue unremedied for a period of at least 30 days after the earlier of a Borrower becoming aware of such default or notice thereof given by the Administrative Agent.

Section # Other Covenants. If any Company shall fail or omit to perform and observe any agreement or other provision (other than those referred to in [Section 8.1 or 8.2]2] hereof) contained or referred to in this Agreement or any other Related Writing that is on such Company’s part to be complied with, and that Default shall not have been fully corrected within fifteen (15) days after the earlier of # any Financial Officer of such Company becomes aware of the occurrence thereof, or # the giving of written notice thereof to the Borrower by the Administrative Agent or the Required Lenders that the specified Default is to be remedied.

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