Common use of Breach of Other Covenants Clause in Contracts

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty (30) calendar days after any Authorized Officer (or other executive officer) of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent in its reasonable discretion);

Appears in 4 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

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Breach of Other Covenants. The Borrower Any of the Borrowers shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty (30) calendar days after any Authorized Officer (or other executive officer) of notice thereof to the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined Company by the Administrative Agent in its reasonable discretionor the Lender (through the Administrative Agent);

Appears in 3 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/)

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty (30) calendar days Days after any Authorized Officer (or other executive officer) of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent in its reasonable discretion);

Appears in 2 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty ten (3010) calendar days after any Authorized Officer (or other executive officer) officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent in its reasonable sole discretion);

Appears in 1 contract

Samples: Pledge and Security Agreement (White River Capital Inc)

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty ten (3010) calendar days Business Days after any Authorized Officer (or other executive officer) officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent Bank in its reasonable sole discretion);

Appears in 1 contract

Samples: Credit Agreement (Aquapenn Spring Water Company Inc)

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty ten (3010) calendar days Business Days after any Authorized Officer (or other executive officer) officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent in its reasonable sole discretion);

Appears in 1 contract

Samples: Credit Agreement (Excelsior Lasalle Property Fund Inc)

Breach of Other Covenants. The Borrower Any of the Borrowers shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period ten (10) Business Days after the date of thirty (30) calendar days after any Authorized Officer (or other executive officer) notice of such default from Agent to the Borrower becomes aware of the occurrence thereof Borrowers (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower Borrowers as determined by the Agent in its reasonable sole discretion);

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty (30) calendar days after any Authorized Officer (or other executive officer) of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such 77 PRNI 645261v4 default can be remedied by corrective action of the Borrower as determined by the Agent in its reasonable discretion);

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

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Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty (30) calendar days Days after any Authorized Officer (or other executive officer) of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent Bank in its reasonable discretion);

Appears in 1 contract

Samples: Credit Facility Agreement (New Jersey Resources Corp)

Breach of Other Covenants. The Borrower shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty ten (3010) calendar days Business Days after any Authorized Officer (or other executive officer) officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent Bank in its reasonable sole discretion);

Appears in 1 contract

Samples: Credit Agreement (Superconductor Technologies Inc)

Breach of Other Covenants. The Borrower Any of the Borrowers shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty ten (3010) calendar days Business Days after any Authorized Executive Officer (or other executive officer) of the Borrower becomes aware Borrowers obtains actual or constructive knowledge of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower Borrowers as determined by the Agent in its reasonable sole discretion);

Appears in 1 contract

Samples: Credit Agreement (Professional Detailing Inc)

Breach of Other Covenants. The Borrower or General Partner shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty ten (3010) calendar days Business Days after any Authorized Officer (or other executive officer) officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower as determined by the Agent in its reasonable sole discretion);

Appears in 1 contract

Samples: Credit Agreement (Cable Tv Fund 14-a LTD)

Breach of Other Covenants. The Borrower A default shall default occur in the observance or performance of any other covenant, condition condition, or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty twenty (3020) calendar days Business Days after any Authorized Officer (or other executive officer) officer of the Borrower becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Borrower Loan Parties as determined by the Agent in its reasonable sole discretion);

Appears in 1 contract

Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)

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