Common use of Covenant Default Clause in Contracts

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 31 contracts

Samples: Loan and Security Agreement (Intrabiotics Pharmaceuticals Inc /De), Loan and Security Agreement (Spectrian Corp /Ca/), Loan and Security Agreement (Metro One Telecommunications Inc)

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Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 10 contracts

Samples: Loan and Security Agreement (Saleslogix Corp), Loan and Security Agreement (Synplicity Inc), Loan and Security Agreement (Zefer Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 8 contracts

Samples: Loan and Security Agreement (Corillian Corp), Loan and Security Agreement (Pixelworks Inc), Loan and Security Agreement (Durect Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 6 contracts

Samples: Loan and Security Agreement (Cell Genesys Inc), Loan and Security Agreement (Lexar Media Inc), Loan and Security Agreement (Threshold Pharmaceuticals Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 5 contracts

Samples: Loan and Security Agreement (Jamdat Mobile Inc), Loan and Security Agreement (Ecollege Com), Loan and Security Agreement (Array Biopharma Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 in the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an shall have additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will shall be made during the cure period);

Appears in 5 contracts

Samples: Loan and Security Agreement (Smarterkids Com Inc), Loan and Security Agreement (Smarterkids Com Inc), Loan and Security Agreement (Viacell Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 4 contracts

Samples: Loan and Security Agreement (Dpac Technologies Corp), Loan and Security Agreement (Silicon Storage Technology Inc), Loan and Security Agreement (Insightful Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 business days after it occurs, or if the default cannot be cured within 10 business days or cannot be cured after Borrower's ’s attempts within 10 business day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 3 contracts

Samples: Loan and Security Agreement (Quicklogic Corporation), Loan and Security Agreement (Quicklogic Corporation), Loan and Security Agreement (Quicklogic Corporation)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);.

Appears in 3 contracts

Samples: Loan and Security Agreement (Therma Wave Inc), Loan and Security Agreement (Talarian Corp), Loan and Security Agreement (Vitria Technology Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 5 or violates any covenant in Section 7 6 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 3 contracts

Samples: Loan Agreement (Emulex Corp /De/), Loan Agreement (Cardiac Science Inc), Loan Agreement (MMC Networks Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Silicon Storage Technology Inc), Loan and Security Agreement (Senorx Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7, or if Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 within10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Optio Software Inc), Loan and Security Agreement (Optio Software Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 Sections 6.6, 6.7, 6.8, or 6.9 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within such 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days Business Days after it occurs, or if the default cannot be cured within 10 days Business Days or cannot be cured after Borrower's Borrower s attempts within in the 10 day Business Day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Hearme), Loan and Security Agreement (Hearme)

Covenant Default. If Borrower does not perform any obligation in Section Article 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any other material agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (Default, but no Credit Extensions will shall be made during the cure period);

Appears in 2 contracts

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

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Sonus Pharmaceuticals Inc), Loan and Security Agreement (Taser International Inc)

Covenant Default. If Borrower does not Borrowers fail to perform any obligation in Section 6 or violates violate any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between any Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days ten (10) Business Days after it occurs, or if the default cannot be cured within 10 days ten (10) Business Days or cannot be cured after Borrower's attempts within 10 day Borrowers’ attempt in the ten (10) Business Day period, and the default may be cured within a reasonable time, then Borrower has Borrowers have an additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Blackboard Inc), Loan and Security Agreement (Blackboard Inc)

Covenant Default. If Borrower does Borrowers do not perform any obligation in Section 6 or violates Borrowers violate any covenant in Section 7 or does Borrowers do not perform or observe any other material term, condition or covenant in this Agreement, any Loan DocumentsDocument, or in any agreement between any Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has have not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's Borrowers' attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has Borrowers have an additional period time (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Kanbay International Inc), Loan and Security Agreement (Kanbay International Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 ---------------- or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a such other term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default relating thereto cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);30

Appears in 2 contracts

Samples: Loan Agreement (Lantronix Inc), Loan and Security Agreement (Lantronix Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Preview Systems Inc), Loan and Security Agreement (Webridge Inc)

Covenant Default. If Borrower does not perform any obligation in Section Article 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (Default, but no Credit Extensions will Equipment Advances shall be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Esperion Therapeutics Inc/Mi), Loan and Security Agreement (Esperion Therapeutics Inc/Mi)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it if occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occursBorrower becomes aware of such default, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Onyx Software Corp/Wa), Loan and Security Agreement (Onyx Software Corp/Wa)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 in the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 2 contracts

Samples: Loan and Security Agreement (Synchronoss Technologies Inc), Loan and Security Agreement (Healthcare Com Corp)

Covenant Default. If Borrower does not fails to perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, in any other Loan DocumentsDocument, or in any agreement between Borrower and Bank Bank, and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten days after it occurs; provided, or however, that if the default cannot by its nature be cured within 10 days or cannot be cured after Borrower's attempts within 10 a ten-day period, and but the default may be cured within a reasonable timetime thereafter, then Borrower has an additional period (of which shall not more than in any case exceed 30 daysdays in the aggregate) to attempt to cure the default. During the additional time, the failure to cure the default is not itself an Event of Default (but Bank shall have no obligation to make any Credit Extensions will be made during the cure such period);.

Appears in 1 contract

Samples: Loan and Security Agreement (Commerce One Inc / De/)

Covenant Default. If Borrower does Borrowers do not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower Borrowers and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's Borrowers' attempts within 10 in the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an Borrowers shall have additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will shall be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Networks Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7, or if Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 15 days after it occurs, or if the default cannot be cured within 10 15 days or cannot be cured after Borrower's attempts within 10 15 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Alliance Medical Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 0 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Castelle \Ca\)

Covenant Default. If Borrower does not perform any obligation in Section 6 6.6, 6.7 or 6.8 or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's ’s attempts within 10 such ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Palmsource Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or if Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be required to be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Atherogenics Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Legato Systems Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);the

Appears in 1 contract

Samples: Loan and Security Agreement (Egain Communications Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 6 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan Agreement (Continuus Software Corp /Ca)

Covenant Default. If Borrower does not perform any obligation in Section 6 (subject to Section 6.8) or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan Agreement (California Micro Devices Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Epicedge Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within a 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Fort Point Partners Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank any Lender and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occursBorrower becomes aware of such default, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Onyx Software Corp/Wa)

Covenant Default. If Borrower does not perform violates any obligation financial covenant contained in Section 6 6.7 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Stentor Inc)

Covenant Default. If Borrower does Borrowers do not perform any obligation in Section 6 or violates violate any covenant in Section 7 or does do not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between any Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's Borrowers’ attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has Borrowers have an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Term Loan and Security Agreement (Allied Motion Technologies Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Pharsight Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. default During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);.

Appears in 1 contract

Samples: Loan and Security Agreement (Egroups Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, in any Loan DocumentsDocument, or in any agreement between Borrower and Bank and as Bank. As to any non-payment default under a term, condition or covenant that can be cured, if Borrower has not cured the default within 10 days after it occurs, or ; however if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 the 10-day period, and but the default may be cured within a reasonable time, then Borrower has shall have an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Crossworlds Software Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's Borrowers attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Actuate Software Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, . any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, . then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);):

Appears in 1 contract

Samples: Loan and Security Agreement (Atroad Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);.

Appears in 1 contract

Samples: Loan and Security Agreement (Omnicell Inc /Ca/)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, Exim Loan Documents, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Invision Technologies Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 6.7 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Packeteer Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period period, (of not more than 30 days) to attempt to cure the default. During the additional time, time the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Novacept Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Metro One Telecommunications Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan DocumentsDocument, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Voxware Inc)

Covenant Default. If either Borrower does not perform any obligation in Section Article 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between either Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after either Borrower's attempts within such 10 day period, and the default may be cured within a reasonable time, then such Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or if Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Witness Systems Inc)

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Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or if Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Software Group Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or ---------------- violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan Agreement (Aml Communications Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, period and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);,

Appears in 1 contract

Samples: Loan and Security Agreement (Liquid Audio Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 thirty (30) days after it occurs, or if the default cannot be cured within 10 thirty (30) days or cannot be cured after Borrower's attempts within 10 in the thirty (30) day period, and the default may be cured within a reasonable time, then Borrower has an shall have additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will shall be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Object Design Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank Documents and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);.

Appears in 1 contract

Samples: Loan and Security Agreement (Juno Online Services Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 Sections 6.1, 6.2, 6.3, 6.4, 6.5, 6.7, and 6.8 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, or any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 in such 10-day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Hotjobs Com LTD)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower Borr6wer has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Rosetta Inpharmatics Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);; 8.3

Appears in 1 contract

Samples: Loan and Security Agreement (Tanisys Technology Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Exim Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Daleen Technologies Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 30 days after it occurs, or if the default cannot be cured within 10 30 days or cannot be cured after Borrower's attempts within 10 30 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Omm Inc)

Covenant Default. If Except as otherwise provided in Section 6.7, if Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 15 days after it occurs, or if the default cannot be cured within 10 15 days or cannot be cured after Borrower's ’s attempts within 10 15 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Deltagen Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 Sections 6.2, 6.7 or 6.9, or violates any covenant in Section 7 or 7. If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);.

Appears in 1 contract

Samples: Loan Agreement (Ats Medical Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 such10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Plumtree Software Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 ---------------- or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 in the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Bio Imaging Technologies Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 20 days after it occurs, or if the default cannot be cured within 10 20 days or cannot be cured after Borrower's ’s attempts within 10 20 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 45 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Synaptics Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 20 days after it occurs, or if the default cannot be cured within 10 20 days or cannot be cured after Borrower's attempts within 10 20 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 45 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Synaptics Inc)

Covenant Default. If any Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between either Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after such Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then such Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Xenogen Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 5 or violates any covenant in Section 7 6 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 in the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an shall have additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will shall be made during the cure period);

Appears in 1 contract

Samples: Loan Agreement (Lightbridge Inc)

Covenant Default. If Borrower does not perform any obligation in Section Article 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional timetime period, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 business days after it occurs, or if the default cannot be cured within 10 business days or cannot be cured after Borrower's attempts within 10 business day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Quicklogic Corporation)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions Advances will be made during the cure period);

Appears in 1 contract

Samples: Loan Agreement (Premier Laser Systems Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within in the 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Click2learn Com Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 6.7 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Exim Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Packeteer Inc)

Covenant Default. If Borrower does not perform any obligation in Section Article 6 ---------------- or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank a Lender relating to the Obligations and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 20 days after it occurs, or if the default cannot be cured within 10 20 days or cannot be cured after Borrower's attempts within 10 in the 20 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time (of not more than 30 5 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Clarus Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 20 days after it occurs, or if the default cannot be cured within 10 20 days or cannot be cured after Borrower's attempts within 10 the 20 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Energy Industries Inc)

Covenant Default. If Borrower does not perform any obligation in Section Article 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 in the 10-day period, and the default may be cured within a reasonable time, then Borrower has an additional period time (of not more than 30 days) to attempt to cure the default. During the additional timeperiod, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);.

Appears in 1 contract

Samples: Loan and Security Agreement (Opus360 Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);; 8.3

Appears in 1 contract

Samples: Loan and Security Agreement (Cardiac Science Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank related thereto and as to any default under a an obligation, term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Saba Software Inc)

Covenant Default. If Borrower does not perform any obligation in Section ---------------- 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 ten (10) days after it occurs, or if the default cannot be cured within 10 ten (10) days or cannot be cured after Borrower's attempts within 10 in the ten (10) day period, and the default may be cured within a reasonable time, then Borrower has an shall have additional period time, (of not more than 30 thirty (30) days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will shall be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Phase2media Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 7; or If Borrower does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a such other term, condition or covenant that can be cured, has not cured the default within 10 days after it occurs, or if the default relating thereto cannot be cured within 10 days or cannot be cured after Borrower's ’s attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Salmedix Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 5 or violates any covenant in Section 7 Article 6 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 20 days after it occurs, or if the default cannot be cured within 10 20 days or cannot be cured after Borrower's attempts within 10 in the 20 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan Agreement (Advanced Energy Industries Inc)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section Article 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 30 days after it occurs, or if the default cannot be cured within 10 30 days or cannot be cured after Borrower's attempts within 10 in the 30 day period, and the default may be cured within a reasonable time, then Borrower has an additional period time, (of not more than 30 days) to attempt to cure the default. During the additional time, period the failure to cure the default is not an Event of Default (but no Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Sento Corp)

Covenant Default. If Borrower does not perform any obligation in Section 6 or violates any covenant in Section 7 or does not perform or observe any other material term, condition or covenant in this Agreement, any Loan Documents, or in any agreement between Borrower and Bank and as to any default under a term, condition or covenant that can be cured, has not cured the default within 10 days after it occursBorrower becomes aware thereof, or if the default cannot be cured within 10 days or cannot be cured after Borrower's attempts within 10 day period, and the default may be cured within a reasonable time, then Borrower has an additional period (of not more than 30 days) to attempt to cure the default. During the additional time, the failure to cure the default is not an Event of Default (but no additional Credit Extensions will be made during the cure period);

Appears in 1 contract

Samples: Loan and Security Agreement (Ipass Inc)

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