Cross-Default Provision Sample Clauses

Cross-Default Provision. Borrower’s default or breach under any note or agreement in which Lender has an interest shall be a breach under the Security Instrument and Lender may invoke any of the remedies permitted by the Security Instrument. NON-UNIFORM COVENANTS. Xxxxxxxx and Xxxxxx further covenant and agree as follows:
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Cross-Default Provision. Any default by Grantor in the performance or observance of any covenant or condition hereof shall be deemed a Default under each of the Loan Documents, entitling Administrative Agent, for and on behalf of the Loan Parties, to exercise all or any remedies available to Administrative Agent and the Loan Parties under the terms of any or all Loan Documents, and any Default under any other Loan Document (subject to any applicable grace periods) shall be deemed a Default hereunder, entitling Administrative Agent, for and on behalf of the Loan Parties, to exercise any or all remedies provided for herein.
Cross-Default Provision. A default in this Agreement, shall constitute a default in the other agreements described in this Agreement to be delivered by the parties at Closing, and a default in any one or more of such agreements shall constitute a default in this Agreement.
Cross-Default Provision. Borrower’s default or breach under any note or agreement in which Lender has an interest shall be a breach under the Security Instrument and Lender may invoke any of the remedies permitted by the Security Instrument.
Cross-Default Provision. Any breach or default under this Agreement shall also constitute a breach or default under the Consulting Agreement and the Equipment Lease, and any breach or default under the Consulting Agreement or the Equipment Lease shall constitute a breach or default under this Agreement.
Cross-Default Provision. A default by Landlord or Tenant in any of the terms and conditions of the Lease (as modified by the provisions herein) shall constitute a default by such party under this Agreement and vice versa.
Cross-Default Provision. A. This award was based on the total points awarded Sponsor’s Application during a highly competitive process. That application proposed an integrated combination of some or all of the following Project components: Affordable Housing Development (AHD); Housing- Related Infrastructure (HRI); Sustainable Transportation Infrastructure (STI); Transportation-Related Amenities (TRA); and Programs (PGM). The Application’s point score was based, in part, on the Project’s total projected reduction of greenhouse gas (GHG) emissions. The Project components (AHD, HRI, STI, TRA, and PGM) that were proposed in the Application and approved by the Department must be completed in order to achieve this projected reduction of GHG emissions.
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Cross-Default Provision. The occurrence of any Event of Default under the terms and conditions of the Amended and Restated Credit Agreement shall constitute a default under this Agreement and the Note. As used herein, the term “
Cross-Default Provision. This award was based on the total points awarded the Recipient’s Application, during a highly competitive process, That Application proposed an integrated combination of some or all of the following Project components: Affordable Housing Development (AHD); Housing-Related Infrastructure (HRI); Sustainable Transportation Infrastructure (STI); Transportation-Related Amenities (TRA); and Programs (PGM). The Application’s point score was based, in part, on the Project’s total projected reduction of greenhouse gas (GHG) emissions. The Project components (AHD, HRI, STI, TRA, and PGM) that were proposed in the Application and approved by the Department must be completed in order to achieve this projected reduction of GHG emissions. By executing this Standard Agreement, the Recipient acknowledges and agrees that in the event the AHD component is not timely completed pursuant to Program requirements that the Recipient will no longer qualify for the AHSC Grant award. In that event, all disbursements of AHSC Grant funds would cease and the Recipients would be responsible for repayment of all disbursed AHSC Grant funds.
Cross-Default Provision. A default in this Agreement, including a default in payment of the Note, will constitute a default in the Related Agreements described in Sections 5 and 7, and a default in any one or more of the Related Agreements described in Sections 5 and 7 will constitute a default in this Agreement.
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