Common use of Breach of Material Agreements Clause in Contracts

Breach of Material Agreements. A material default of the obligations of any Loan Party or any Subsidiary thereof under any Material Business Agreement to which it is a party shall occur which default is not cured within any applicable cure period;

Breach of Material Agreements. A material default of the obligations of any Loan Party or any Subsidiary thereof under any Material Business Agreement other material agreement to which it is a party shall occur which adversely affects its condition, affairs or prospects (financial or otherwise) which default is not cured within any applicable cure period;

Breach of Material Agreements. A material default of the obligations of any Loan Party or any Subsidiary thereof under any Material Business Agreement other material agreement to which it is a party shall occur which materially and adversely affects its condition, affairs or prospects (financial or otherwise) which default is not cured within any applicable cure period;