Common use of Breach of Terms of Agreement Clause in Contracts

Breach of Terms of Agreement. Borrower shall fail to perform or observe any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its obligation to maintain its existence), 5.3, 5.8, 5.11 or 5.14) such failure shall continue unremedied for 30 days after Borrower becomes aware thereof or receives written notice with respect thereto from Administrative Agent.

Appears in 16 contracts

Samples: Assignment and Assumption (Tampa Electric Co), Credit Agreement (Tampa Electric Co), Assignment and Assumption (Tampa Electric Co)

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Breach of Terms of Agreement. Borrower shall fail to perform or observe any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its obligation to maintain its existence), 5.3, 5.8, 5.11 5.8 or 5.145.11) such failure shall continue unremedied for 30 days after Borrower becomes aware thereof or receives written notice with respect thereto from Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc)

Breach of Terms of Agreement. Borrower shall fail to perform or observe any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its obligation to maintain its existence), 5.3, 5.8, 5.11 5.11, 5.14 or 5.145.15) such failure shall continue unremedied for 30 days after Borrower becomes aware thereof or receives written notice with respect thereto from Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc), Credit Agreement (Tampa Electric Co)

Breach of Terms of Agreement. Borrower or Pledgor shall fail to perform or observe any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its obligation to maintain its existence), 5.3, 5.8, 5.11 5.8 or 5.145.11) such failure shall continue unremedied for 30 days after Borrower or Pledgor, as the case may be, becomes aware thereof or receives written notice with respect thereto from Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Teco Energy Inc), Credit Agreement (Tampa Electric Co)

Breach of Terms of Agreement. Borrower shall fail to perform or observe any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its obligation to maintain its existence), 5.3, 5.8, 5.11 5.8 or 5.145.13) such failure shall continue unremedied for 30 days after Borrower becomes aware thereof or receives written notice with respect thereto from Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Teco Energy Inc)

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Breach of Terms of Agreement. Borrower shall fail to perform or observe (i) any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its Borrower’s obligation to maintain its existence), 5.3, 5.8, 5.11 or 5.145.16 or (ii) any of the other covenants set forth in this Agreement or in any other Loan Document to which it is a party and such failure (in the case of clause (ii) only) shall continue unremedied for 30 days after Borrower becomes aware thereof or Borrower receives written notice with respect thereto from Administrative Agent.

Appears in 1 contract

Samples: Loan Agreement (Teco Energy Inc)

Breach of Terms of Agreement. Borrower shall fail to perform or observe any of the covenants set forth in this Agreement and (except with respect to any covenants set forth in Section 5.1 (with respect to its obligation to maintain its existence), 5.3, 5.8, 5.10.3(i), 5.11 or 5.14) such failure shall continue unremedied for 30 days after Borrower Xxxxxxxx becomes aware thereof or receives written notice with respect thereto from Administrative Agent.

Appears in 1 contract

Samples: Assignment and Assumption (Tampa Electric Co)

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