Common use of Breach of Undertaking Clause in Contracts

Breach of Undertaking. any Borrower fails duly to perform or comply with any obligation expressed to be assumed by it in clause 2.2, 15, 16.2.8 to 16.2.9 inclusive, 16.3 or 16.4 or any Obligor or any IDF Company fails duly to perform any obligation in, or comply with any of the terms of, any of the Security Documents;

Appears in 2 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Breach of Undertaking. any the Borrower fails duly to perform or comply with any obligation expressed to be assumed by it in clause 2.2, 15, 16.2.8 to 16.2.9 inclusive, 16.3 or 16.4 or any Obligor or any IDF Company fails duly to perform any obligation in, or comply with any of the terms of, any of the Security Documents;

Appears in 2 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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