Common use of Default in Certain Covenants Clause in Contracts

Default in Certain Covenants. (i) If the Borrower or any of its Subsidiaries (as applicable and as if each Subsidiary of the Borrower were party hereto) shall fail, refuse or default in any material respect with the performance or observance of any of the covenants contained in Sections 10.13, 10.15, 10.16(b), and 10.18 to 10.23 inclusive, and such failure shall continue unremedied for 15 days; or

Appears in 4 contracts

Samples: Assignment and Assumption (Midamerican Funding LLC), Midamerican Energy Co, Credit Agreement (Pacificorp /Or/)

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Default in Certain Covenants. (i) If the Borrower or any of its Subsidiaries (as applicable and as if each Subsidiary of the Borrower were party hereto) shall fail, refuse or default in any material respect with the performance or observance of any of the covenants contained in Sections 10.5(b), 10.13, 10.15, 10.16(b), 10.14 and 10.18 to through 10.23 inclusive, and such failure shall continue unremedied for 15 days; or

Appears in 1 contract

Samples: Credit Agreement (Midamerican Energy Co)

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Default in Certain Covenants. (i) If the Borrower or any of its Subsidiaries (as applicable and as if each Subsidiary of the Borrower were party hereto) shall fail, refuse or default in any material respect with the performance or observance of any of the covenants contained in Sections 10.13, 10.15, 10.16(b), and 10.18 to 10.23 inclusive, and such failure shall continue unremedied for 15 days; oror RBC – AltaLink (AILP) – 2020 $200M Credit Agreement

Appears in 1 contract

Samples: Assignment and Assumption (Midamerican Funding LLC)

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