Common use of Breach of Financial Covenants Clause in Contracts

Breach of Financial Covenants. Borrower shall fail to satisfy any covenant set forth in Article IX and such failure shall continue for forty (40) days after Borrower's knowledge thereof.

Appears in 8 contracts

Samples: Loan Agreement (Equity Lifestyle Properties Inc), Credit Agreement (Manufactured Home Communities Inc), Loan Agreement (Manufactured Home Communities Inc)

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Breach of Financial Covenants. Borrower shall fail to satisfy any covenant set forth in Article IX VIII and such failure shall continue for forty (40) days after Borrower's knowledge thereof.

Appears in 2 contracts

Samples: Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)

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Breach of Financial Covenants. Borrower shall fail to satisfy any financial covenant set forth in Article IX (other than the requirement in Section 9.05) and such failure shall continue for forty thirty (4030) days after Borrower's knowledge thereofdays.

Appears in 1 contract

Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)

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