Common use of Certain Covenant Defaults Clause in Contracts

Certain Covenant Defaults. The Borrower shall fail to comply with its obligations under (i) Section 6.01(a) (Overcollateralization Test Calculation; Collateral Reports) and such failure is not cured within one (1) Business Day, (ii) Section 6.01(b)(v)(A) (Information, etc.) and such failure is not cured within three (3) Business Days following receipt (or deemed receipt) by the Borrower of notice of such failure, (iii) Section 6.01(b)(v)(B) or Section 6.01(b)(vi) (Information, etc.) and such failure is not cured within one (1) Business Day following receipt (or deemed receipt) by the Borrower of notice of such failure, (iv) Section 6.01(f) (

Appears in 3 contracts

Samples: Credit Agreement (FS Global Credit Opportunities Fund-D), Credit Agreement (FS Energy & Power Fund), Credit Agreement (FS Investment CORP)

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Certain Covenant Defaults. The Borrower shall fail to comply with its obligations under (i) Section 6.01(a) (Overcollateralization Test Calculation; Collateral Reports) and such failure is not cured within one (1) Business Day, (ii) Section 6.01(b)(v)(A6.01(b)(v)(A)(A) (Information, etc.) and such failure is not cured within three (3) Business Days following receipt (or deemed receipt) by the Borrower of notice from the Administrative Agent of such failure, (iii) Section 6.01(b)(v)(B6.01(b)(v)(B)(B) or Section 6.01(b)(vi) (Information, etc.) and such failure is not cured within one (1) Business Day following receipt (or deemed receipt) by the Borrower of notice from the Administrative Agent of such failure, (iv) Section 6.01(f) (

Appears in 1 contract

Samples: Credit Agreement (FS Global Credit Opportunities Fund)

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Certain Covenant Defaults. The Borrower shall fail to comply with its obligations under (i) Section 6.01(a) (Overcollateralization Test Calculation; Collateral Reports) and such failure is not cured within one (1) Business Day, (ii) Section 6.01(b)(v)(Aii)Section 6.01(b)(iv) (Information, etc.) and such failure is not cured within three (3) Business Days following receipt (or deemed receipt) by the Borrower of notice of such failure, (iiiiii)[reserved], (iv)Section 6.01(f) Section 6.01(b)(v)(B(Notice of Default, Litigation, etc.) or Section 6.01(b)(vi6.01(o) (Information, etc.Plan Collateral) and such failure is not cured within one two (12) Business Day following receipt Days or (or deemed receipt) by the Borrower of notice of such failure, (ivv) Section 6.01(f6.02 (Negative Covenants) (other than Section 6.02(o) or Section 6.01(t) (

Appears in 1 contract

Samples: Credit Agreement (American Capital, LTD)

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