Default in Other Provisions Clause Samples

Default in Other Provisions. If the Borrower shall fail, refuse or default in any material respect with the performance or observance of any of the covenants, agreements or conditions contained herein and such failure, refusal or default adversely affects the Lenders and, such failure, refusal or default continues for a period of thirty (30) days after written notice thereof by the Administrative Agent; and
Default in Other Provisions. Franchisee’s failure to cure a default of any other provision of this Agreement within 90 days after notice from City of the default. If the default is curable but cannot reasonably be cured within 90 days, the City shall refrain from termination while Franchisee is diligently attempting to cure the default.
Default in Other Provisions. The ESSOP or Guarantor shall default in the performance or observance of any other agreement herein contained and such default shall continue for a period of 30 days after written notice to the ESSOP or Guarantor from the holder of the Note; or
Default in Other Provisions a. If the Lessee shall default in the performance of any other item of this contract (except the payment of rent), then the Lessor, or its agent or employee, shall send to the Lessee a written notice of default, specifying the nature of the default; and after the date of said notice, the Lessee shall, within seven (7) days in case of insurance default and within thirty (30) days in case of any other default, cure and remedy said default, whereupon the Lease shall continue as before. If the Lessee shall fail to cure and remedy the default within said time, the Lessor shall have the right to declare, by written notice to the Lessee that the Lease is in default, and to use the remedies available to the Lessor on default hereof by the Lessee. b. In the event of the Lessee’s breach of any of the provisions of this Lease, the Lessor shall thereupon have a lien upon all revenues, income, rents, earnings and profits from the leased Premises as additional security to the Lessor for the Lessee’s faithful performance of each of the terms and provisions hereof, and to secure payment of all sums owing the Lessor hereunder. Such liens shall be superior in dignity to the rights of the Lessee and any of its creditors or assignees or any trustee or receiver appointed for the Lessee’s property, or any other person claiming under the Lessee. Upon the Lessor’s termination of the Lessee’s rights under this Lease by reason of the Lessee’s default, all such revenues, income, rents, earnings and profits derived or accruing from the leased Premises from date of such termination by the Lessor shall constitute the property of the Lessor, and the same is hereby declared to be a trust fund for the exclusive benefit of the Lessor and shall not constitute any asset of the Lessee or any trustee or receiver appointed for the Lessee’s property. The provisions of this paragraph shall be effective without the Lessor’s re-entry upon the leased Premises or repossession thereof, and without any judicial determination that the Lessee’s interest under said Lease has been terminated. c. If the Lessee shall fail to keep and perform any of the covenants, conditions and agreements herein provided to be performed by said Lessee, and such default shall not be remedied within the grace period provided elsewhere in this Lease, the Lessor shall have the right to treat such default as intentional, inexcusable and material, and thereupon the Lessor, by notice in writing transmitted to the Lessee, as provide...
Default in Other Provisions. 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 other covenants, agreements or conditions contained herein and such failure, refusal or default adversely affects the Lenders RBC – AltaLink (AILP) – 2016 Credit Agreement and, such failure, refusal or default continues for a period of thirty (30) days after written notice thereof by the Agent;