Common use of Breaches of Other Obligations Clause in Contracts

Breaches of Other Obligations. The failure of Borrower to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of Borrower under the Senior Loan Documents or any other failure of Borrower to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of Borrower under any other agreement with any Person if such failure might have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Show Me Ethanol, LLC), Security Agreement (Show Me Ethanol, LLC)

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Breaches of Other Obligations. The failure of any Borrower to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of Borrower under the Senior Loan Documents or any other failure of Borrower to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of such Borrower under any other agreement with any Person if such failure might have a Material Adverse Effect.; or

Appears in 1 contract

Samples: Credit and Security Agreement (Clark Holdings Inc.)

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Breaches of Other Obligations. The failure of Borrower to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of Borrower under the Senior Loan Documents or any other failure of Borrower to perform, keep or observe (after any applicable notice and cure period) any of the covenants, conditions, promises, agreements or obligations of Borrower under any other agreement with any Person if such failure might have is reasonably likely to result in a Material Adverse Effectliability owed or incurred by Borrower in excess of $100,000.00 in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Dynasil Corp of America)

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