Common use of Default in Covenants Clause in Contracts

Default in Covenants. The Borrower will default in the performance of any other term, covenant or agreement contained in this Loan Agreement, and such default continues unremedied for thirty (30) days after either: 1) it becomes known to an executive officer of the Borrower or 2) written notice has been given to the Borrower by the Lender and the Department.

Appears in 7 contracts

Samples: Loan Agreement, Security Agreement, Loan Agreement

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Default in Covenants. The Borrower will default in the performance of any other term, covenant or agreement contained in this Loan Agreement, and such default continues unremedied for thirty (30) days after either: 1) it becomes known to an executive officer of the Borrower or 2) written notice has been given to the Borrower by the Lender and the DepartmentLender.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

Default in Covenants. The If Borrower will default defaults in the performance of any other term, term or covenant or agreement contained in this Loan Agreement, and such default continues unremedied for thirty (30) sixty days after either: 1(i) it becomes known to an executive officer of the Borrower Borrower; or 2(ii) written notice has been thereof is given to the Borrower by the Lender and the DepartmentLender.

Appears in 1 contract

Samples: Credit Facility Agreement (Gas Transmission Northwest Corp)

Default in Covenants. The If Borrower will default defaults in the performance of any other term, covenant covenant, or agreement contained in this the Loan Agreement, Documents and such default continues shall continue unremedied for thirty (30) 30 days after the earlier of either: (1) it becomes the default becoming known to an executive officer of the Borrower Borrower; or (2) written notice has been thereof was given to the Borrower by the Lender and the Department.City;

Appears in 1 contract

Samples: Loan Agreement (Sifco Industries Inc)

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Default in Covenants. The Borrower will shall default in the performance of any other term, covenant or agreement contained in this Loan Agreement, and such default continues shall continue unremedied for thirty (30) days after either: 1i) it becomes known to an executive officer of the Borrower Borrower; or 2ii) written notice has thereof shall have been given to the Borrower by the Lender and the DepartmentLender.

Appears in 1 contract

Samples: Loan Agreement (Aspenbio Inc)

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