Breach of this Agreement and the Other Agreements. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under this Agreement or any of the Other Agreements; provided that any such failure under subsections 12(b)(i), (iv) and (v), 12(c) and 12(i) of this Agreement or subsections 8(b)(i), (iii) and (iv), 8(c) and 8(h) of the Security Agreement shall not constitute an Event of Default hereunder until the tenth (10th) day following the occurrence thereof.
Appears in 4 contracts
Samples: Loan and Security Agreement (Apac Customer Service Inc), Loan and Security Agreement (Apac Customer Service Inc), Second Lien Loan and Security Agreement (Apac Customer Service Inc)
Breach of this Agreement and the Other Agreements. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under this Agreement or any of the Other Agreements; provided that any such failure by Borrower under subsections 12(a), 12(b)(i), (iv) and ), (v), (vi), 12(c), 12(i) and 12(i12(l) of this Agreement or subsections 8(b)(i), (iii) and (iv), 8(c) and 8(h) of the Security Agreement shall not constitute an Event of Default hereunder until the tenth fifteenth (10th15th) day following the occurrence thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Delphax Technologies Inc)
Breach of this Agreement and the Other Agreements. The failure of any Obligor to perform, keep or observe any of the covenants, conditions, promises, agreements or obligations of such Obligor under this Agreement or any of the Other Agreements; provided provided, that any such failure by an Obligor under subsections 12(a), 12(b)(i), (iv) and (v12(b)(v), 12(b)(vi), 12(c), 12(h) and 12(i) of this Agreement or subsections 8(b)(i), (iii) and (iv), 8(c) and 8(h) of the Security Agreement shall not constitute an Event of Default hereunder until the tenth (10th) day following the occurrence and continuance thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Poindexter J B & Co Inc)
Breach of this Agreement and the Other Agreements. The Except as to (a) above, the failure of any Obligor to perform, keep or observe any of the material covenants, conditions, promises, agreements or obligations of such Obligor under this Agreement or any of the Other Agreements; provided that any such failure by Borrowers under subsections 12(b)(i), (iii), (iv) and ), (v), (vi), 12(c), 12(f), 12(i), 13(b), 13(c) and 12(i) of this Agreement or subsections 8(b)(i), (iii) and (iv), 8(c) and 8(h13(f)(ii) of the Security Agreement shall not constitute an Event of Default hereunder until the tenth fifteenth (10th15th) day following the occurrence thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Coast Distribution System Inc)