Credit Agreement Defaults Sample Clauses

Credit Agreement Defaults. To the Knowledge of the Seller Parties, (i) no Seller Party is in breach or default under the Credit Agreement as of the date hereof, (ii) there is no current state of facts which, with notice or lapse of time or both, would constitute a default on the part of any party in the performance of any obligation to be performed by any party under the Credit Agreement as of the date hereof; and (iii) Seller Parties have not received any notice from a Lender Party (as defined in the Credit Agreement) alleging that Seller Parties are in breach or default under the Credit Agreement of any Seller Party as of the date hereof.
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Credit Agreement Defaults. Each party shall use its reasonable efforts to cause the Company to promptly cure any default under any loan agreement or other debt instrument, if the result of such default would be to restrict the ability of the Company to pay dividends under the terms of such loan agreement or debt instrument.
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Credit Agreement Defaults. The Company or any of its Subsidiaries shall fail to pay any part of the Obligations beyond any period of grace provided with respect thereto; or any breach, default or event of default shall occur, or any other condition shall exist under the Credit Agreement or any other instrument, agreement or indenture pertaining to the Obligations, beyond any period of grace, if any, provided with respect thereto, if the effect thereof is to cause an acceleration, mandatory redemption, a requirement that the Company offer to purchase the Indebtedness evidenced by the Obligations or other required repurchase or repayment thereof, or permit the Lenders (or the Collateral Agent) to accelerate the maturity of any the Obligations (or any portion thereof) or require a redemption or other repurchase of the Obligations (or any portion thereof); or the Obligations (or any portion thereof) shall be otherwise declared to be due and payable (by acceleration or otherwise) or required to be prepaid, redeemed or otherwise repurchased by the Company or any of its Subsidiaries (other than by a regularly scheduled required prepayment or any prepayment required under Section 2.5 of the Credit Agreement) prior to the stated maturity thereof; or
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Credit Agreement Defaults. Any Event of Default under the terms of the Credit Agreement caused by or resulting from the action or inaction of Lessee occurs.
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Credit Agreement Defaults. Each of the Events of Default (together with the relevant provisions of any other Section or Sections to which they refer, including definitions) contained in the Credit Agreement is hereby incorporated herein by this reference and made a part of this Agreement to the same extent as if each such Event of Default were set forth in full herein.
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Related to Credit Agreement Defaults

  • Payment Defaults Tenant shall fail to pay any installment of Rent or any other payment hereunder when due; provided, however, that Landlord will give Tenant notice and an opportunity to cure any failure to pay Rent within 3 days of any such notice not more than once in any 12 month period and Tenant agrees that such notice shall be in lieu of and not in addition to, or shall be deemed to be, any notice required by law.

  • Existing Defaults No Loan Party is in default in the performance, observance or fulfillment of any of the obligations, contained in any Contractual Obligation applicable to it, and no condition exists which, with or without the giving of notice or the lapse of time, would constitute a default under such Contractual Obligation, except, in any such case, where the consequences, direct or indirect, of such default or defaults, if any, could not reasonably be expected to have a Material Adverse Effect on the Loan Parties, taken as a whole.

  • Event of Default Defined; Acceleration of Maturity; Waiver of Default Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Covenant Defaults If Borrower defaults in the performance or observance of any covenant or agreement in this Agreement, and such default continues for a period of twenty (20) calendar days after the earlier of Borrower's knowledge thereof or receipt of written notice from Lender thereof, except for violations of SECTION 7.08(d), which shall become an Event of Default at the end of the sixty (60) day period stated therein and except for specific Defaults listed elsewhere in this SECTION 9.01, as to which no notice or cure period shall apply unless specified; or

  • Certain Covenant Defaults Borrower fails to perform any obligation under Section 6.5 or 6.6, or violates any of the covenants contained in Section 7.

  • Default under Loan Documents Any failure to perform or default in the performance by any Credit Party that continues after applicable grace and cure periods under any covenant, condition or agreement contained in any of the other Loan Documents or any other agreement with Lender, all of which covenants, conditions and agreements are hereby incorporated in this Agreement by express reference.

  • Waiver of Past Defaults and Events of Default Subject to Sections 6.02, 6.08 and 8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right to waive any existing Default or compliance with any provision of this Indenture or the Notes. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereto.

  • Other Defaults Under Loan Documents Any Loan Party shall default in the performance of or compliance with any term contained in this Agreement or any of the other Loan Documents, other than any such term referred to in any other subsection of this Section 8, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Officer of Company or such Loan Party becoming aware of such default or (ii) receipt by Company and such Loan Party of notice from Administrative Agent or any Lender of such default; or

  • Credit Agreement Definitions Unless otherwise defined herein or the context otherwise requires, terms used in this Pledge Agreement, including its preamble and recitals, have the meanings provided in the Credit Agreement.

  • Other Payment Default The Borrower shall default in the payment when and as due (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

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