Common use of Breach of Undertaking Clause in Contracts

Breach of Undertaking. 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 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: Syndicated Credit Agreement (Bell Microproducts Inc), Supplemental Agreement (Bell Microproducts Inc)

AutoNDA by SimpleDocs

Breach of Undertaking. the 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: Syndicated Credit Agreement (Bell Microproducts Inc), Syndicated Credit Agreement (Bell Microproducts Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!