Contract Default, Debarment or Suspension. Default shall be made under any Government Contract, or any Government Contract is terminated for default by any Governmental Authority for any reason whatsoever, or if the Borrower is debarred or suspended, whether temporarily or permanently, by any Governmental Authority.
Appears in 3 contracts
Samples: Financing and Security Agreement (ARGON ST, Inc.), Financing and Security Agreement (Sensytech Inc), Financing and Security Agreement (Weston Roy F Inc)
Contract Default, Debarment or Suspension. Default shall be made under any Government Contract, or any Government Contract is terminated for default by any Governmental Authority for any reason whatsoever, or if the Borrower is debarred or suspended, whether temporarily or permanently, by any Governmental Authority, unless within fifteen (15) days of when any Borrower has knowledge or should have knowledge of such default, debarment, or suspension, the Lender agrees in writing to extend, waive or suspend the effects of this provision.
Appears in 1 contract
Samples: Financing and Security Agreement (Spacehab Inc \Wa\)
Contract Default, Debarment or Suspension. Default shall be made under any Federal Government Contract, or any Federal Government Contract is terminated for default by any Governmental Authority the Federal Government for any reason whatsoever, or if the Borrower is debarred or suspended, whether temporarily or permanently, by any Governmental Authoritythe Federal Government.
Appears in 1 contract
Samples: Credit Agreement (Weston Roy F Inc)
Contract Default, Debarment or Suspension. Default shall be made under any Government Contract, or any Government Contract is terminated for default by any Governmental Authority for any reason whatsoever, or if the Borrower is debarred or suspended, whether temporarily or permanently, by any Governmental Authority, unless within fifteen (15) days of when any Borrower's has knowledge or should have knowledge of such default, debarment, or suspension, the Lender agrees in writing to extend, waive or suspend the effects of this provision.
Appears in 1 contract
Samples: Financing and Security Agreement (Spacehab Inc \Wa\)
Contract Default, Debarment or Suspension. Default shall be made under any Government Contract, or any Government Contract is terminated for default by any Governmental Authority for any reason whatsoever, or if the any Borrower is debarred or suspended, whether temporarily or permanently, by any Governmental Authority.
Appears in 1 contract
