Default in Performance. (i) The Borrower or any Loan Party shall fail to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained in Article IX and such failure shall continue for a period of five (5) days; or
Appears in 5 contracts
Samples: Term Loan Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)
Default in Performance. (i) The Borrower or any Loan Party shall fail to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained in Article IX IX. and such failure shall continue for a period of five (5) days; or
Appears in 3 contracts
Samples: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)
Default in Performance. (i) The Borrower or any Any Loan Party shall fail to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained in Article IX Section 10.1. and such failure shall continue for a period of five ten (510) days; or
Appears in 1 contract
Samples: Credit Agreement (Saul Centers Inc)
Default in Performance. (iii) The Borrower or any Loan Party shall fail to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained in Article IX IX. and such failure shall continue for a period of five (5) days; or
Appears in 1 contract