Common use of Continuation of Events of Default Clause in Contracts

Continuation of Events of Default. For purposes of this Agreement, a Default or an Event of Default shall be deemed to be continuing from the date of occurrence of such Default or Event of Default until the earlier of (a) the date, if any, Lender waives such Default or Event of Default in writing, or (b) in the case of a Default, the date that Borrower cures such Default to Lender’s satisfaction in Lender’s sole discretion within any period of cure expressly provided in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Blue Star Foods Corp.)

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Continuation of Events of Default. For purposes of this Agreement, a Default or an Event of Default shall be deemed to be continuing from the date of occurrence of such Default or Event of Default until the earlier of (a) the date, if any, Lender waives such Default or Event of Default in writing, or (b) in the case of a Default, the date that Borrower cures such Event of Default to Lender’s satisfaction in Lender’s sole discretion within any period of cure expressly provided in this Agreementdiscretion.

Appears in 1 contract

Samples: Loan and Security Agreement (iGambit, Inc.)

Continuation of Events of Default. For purposes of this Agreement, a Default or an Event of Default shall be deemed to be continuing from the date of occurrence of such Default or Event of Default until the earlier of (a) the date, if any, Lender waives such Default or Event of Default in writing, or (b) in the case of a Default, the date that Borrower cures such Event of Default to Lender’s satisfaction in Lender’s sole discretion within any period of cure expressly provided in this Agreementpermitted discretion.

Appears in 1 contract

Samples: Loan and Security Agreement (General Employment Enterprises Inc)

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Continuation of Events of Default. For purposes of this Agreement, a Default or an Event of Default shall be deemed to be continuing from the date of occurrence of such Default or Event of Default until the earlier of (a) the date, if any, Lender waives such Default or Event of Default in writing, or (b) in the case of a Default, the date that Borrower cures such Event of Default to Lender’s 's satisfaction in Lender’s 's sole discretion within any period of cure expressly provided in this Agreementdiscretion.

Appears in 1 contract

Samples: Loan and Security Agreement (Hooper Holmes Inc)

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