Common use of Breach of Section 7 of this Loan Agreement Clause in Contracts

Breach of Section 7 of this Loan Agreement. Borrower shall fail to observe or perform its obligations to Lenders under Section 7 of this Loan Agreement and such failure continues for ninety (90) calendar days after the earlier of (i) the date any Senior Officer of Borrower has actual knowledge of such failure or (ii) the date notice of such failure has been given to Borrower by Administrative Agent (as directed by the Required Lenders); or

Appears in 3 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

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Breach of Section 7 of this Loan Agreement. Borrower shall fail to observe or perform its obligations to Lenders Bank, and/or any Participant under Section 7 of this Loan Agreement and such failure continues for ninety (90) calendar days after the earlier of (i) the date any Senior Officer of Borrower has actual knowledge of such failure or (ii) the date notice of such failure has been given to Borrower by Administrative Agent (as directed by the Required Lenders)Bank; or

Appears in 1 contract

Samples: Loan Agreement (CBL & Associates Properties Inc)

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