Breach of Contracts. (a) Any Loan Party shall breach or default under any term, condition, provision, covenant, representation or warranty contained in any Contract with a contract price of value in excess of $5,000,000 and such breach or default shall continue unremedied for ten (10) days after the earlier of (i) the Company or any other Loan Party becoming aware of such breach or default or (ii) receipt by the Company or any other Loan Party of notice from the Disbursement Agent or any Funding Agent of such breach or default; or
Appears in 4 contracts
Samples: Master Disbursement Agreement (Wynn Las Vegas LLC), Master Disbursement Agreement (Wynn Resorts LTD), Master Disbursement Agreement (World Travel LLC)
