Common use of Breach of Obligation Clause in Contracts

Breach of Obligation. the Borrower fails to observe or perform any of its obligations under this Agreement or under any undertaking or arrangement entered into in connection therewith, other than an obligation of the type referred to in clause 12.1(a) and, in the case of a failure capable of being remedied, the Bank does not determine, that it has been being remedied to the Bank’s satisfaction within thirty (30) days after the Borrower, became aware of the failure;

Breach of Obligation. the Borrower fails to observe or perform any of its obligations under this Agreement or the Security Documents or under any undertaking or arrangement entered into in connection therewith, other than an obligation of the type referred to in clause 12.1(a) and, in the case of a failure capable of being remedied, the Bank Lender does not determine, within seven (7) days after the Borrower became aware of the failure, that it has been being remedied to the Bank’s satisfaction within thirty (30) days after the Borrower, became aware of the failureLender's satisfaction;

Breach of Obligation. the Borrower or the Guarantor fails to observe or perform any of its their respective obligations under this Agreement or the Guarantee or under any undertaking or arrangement entered into in connection therewith, other than an obligation of the type referred to in clause 12.1(a12.1 (a) and, in the case of a failure capable of being remedied, the Bank does not determine, that it has been being remedied to the Bank’s satisfaction within thirty (30) days after the Borrower, Borrower or the Guarantor became aware of the failure;