Common use of Breach of Specific Covenants Clause in Contracts

Breach of Specific Covenants. Any Loan Party shall fail or neglect to perform, keep or observe any covenant contained in any of the following Sections or subsections: 6.2 (Other Collateral), 6.3 (Lien Perfection; Further Assurances), 7.1.1 (Location of Collateral), 7.1.2 (Insurance of Collateral), 7.2.4 (Maintenance of Blocked Accounts), 7.2.5 (Collection of Accounts; Proceeds of Collateral), 9.1.1 (Visits and Inspections; Lender Meeting), 9.1.3 (Financial Statements), 9.1.4 (Borrowing Base Certificates), 9.1.5 (Landlord, Processor and Storage Agreements), 9.1.7 (Projections), 9.1.8 (Subsidiaries), 9.1.9 (Deposit and Brokerage Accounts), 9.1.10 (Use of Proceeds), 9.1.13 (Preservation of Existence), 9.1.14 (Maintenance of Properties, Permits, Etc.), 9.1.15 (SBA PPP Loans), 9.1.16 (Acquisition Term Debt), or 9.2 (Negative Covenants) hereof on the date that the Loan Parties are required to perform, keep or observe such covenant.

Breach of Specific Covenants. Any Loan Party shall fail or neglect to perform, keep or observe any covenant contained in any of the following Sections or subsections: 6.2 (Other Collateral), 6.3 (Lien Perfection; Further Assurances), 7.1.1 (Location of Collateral), 7.1.2 (Insurance of Collateral), 7.2.4 (Maintenance of Blocked Accounts), 7.2.5 (Collection of Accounts; Proceeds of Collateral), 9.1.1 (Visits and Inspections; Lender Meeting), 9.1.3 (Financial Statements), 9.1.4 (Borrowing Base Certificates), 9.1.5 (Landlord, Processor and Storage Agreements), 9.1.7 (Projections), 9.1.8 (Subsidiaries), 9.1.9 (Deposit and Brokerage Accounts), 9.1.10 (Use of Proceeds), 9.1.13 (Preservation of Existence), 9.1.14 9.1.16 (Maintenance of Properties, Permits, Etc.Post-Closing Covenants), 9.1.15 9.2 (SBA PPP Loans), 9.1.16 (Acquisition Term DebtNegative Covenants), or 9.2 9.3 (Negative Specific Financial Covenants) hereof on the date that the Loan Parties are required to perform, keep or observe such covenant.