Contract Obligations. The Borrower shall, and shall cause each Subsidiary, to perform in accordance with its material terms every contract, agreement, obligation or other arrangement to which such Person is a party or by which it or any of its property is bound, including government contracts, if any. In the event that any material default or material performance deficiency occurs, the Borrower shall notify the Lender promptly in writing. The Borrower shall provide the Lender promptly with copies of any cure notices or default notices it may receive on any contract or from any party and detail the proposed corrective action. At the Lender’s request, the Borrower shall also provide the Lender with copies of any stop work notices in effect at the date of the Lender’s request.
Appears in 4 contracts
Samples: Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Surebeam Corp)
