Common use of Breach of Loan Documents Clause in Contracts

Breach of Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any of the Loan Documents; provided that any such failure by a Borrower under

Appears in 1 contract

Samples: Credit and Security Agreement (LIVE VENTURES Inc)

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Breach of Loan Documents. The failure of any Loan Party Borrower to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party Borrower under any of the Loan Documents; provided that any such failure by a Borrower underBorrowers under Sections 10.02(a), (d), (e), (f), 10.03 and 10.09 of this Agreement shall not constitute an Event of Default hereunder until the fifteenth (15th) day following the occurrence thereof; or

Appears in 1 contract

Samples: Credit and Security Agreement (Clark Holdings Inc.)

Breach of Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any of the Loan Documents; provided that any such failure by a Borrower underunder Sections 10.02(a), 10.02(d), 10.02(e), 10.02(f), 10.03, and 10.09, of this Agreement shall not constitute an Event of Default hereunder until the 15th day following the occurrence thereof; or

Appears in 1 contract

Samples: Credit and Security Agreement (Singing Machine Co Inc)

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Breach of Loan Documents. The failure of any Loan Party to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Loan Party under any of the Loan Documents; provided that any such failure by a Borrower underunder Sections 10.02(a), (d), (e), (f), 10.03 and 10.09 of this Agreement shall not constitute an Event of Default hereunder until the fifteenth (15th) day following the occurrence thereof; or

Appears in 1 contract

Samples: Credit and Security Agreement (Lime Energy Co.)

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