Default of Covenant Sample Clauses

Default of Covenant. Borrower shall: (i) fail to comply with the requirements of Section 7 hereof (other than Sections 7.01, 7.02(b), 7.02(c), 7.02(d), 7.03, 7.05, 7.06 or 7.10); or (ii) fail to comply with the requirements of Sections 7.01, 7.02(b), 7.02(c), 7.02(d), 7.03, 7.05, 7.06 or 7.10 and such default shall continue unremedied for a period of ten (10) Business Days after written notice thereof from Lender; or (iii) fail to observe or perform any other covenant, condition or agreement contained in this Loan Agreement (other than any covenant, condition or agreement in Article 7) or any other Loan Document and such failure to observe or perform shall continue unremedied for a period of ten (10) Business Days after written notice thereof from Lender (provided, however, that if such failure is not reasonably susceptible to being cured within ten (10) Business Days after notice thereof from Lender, and so long as Borrower has promptly commenced and is diligently prosecuting efforts to cure such failure, then Borrower shall be given an additional reasonable period to cure such failure provided that such cure period shall not in the aggregate exceed thirty (30) days from the date of Lender’s notice of such failure), unless this Loan Agreement or such other Loan Document expressly provides that such breach or failure constitutes an immediate Event of Default, in which case no notice or cure period shall apply; or

Default of Covenant. Borrower shall: (i) fail to comply with the requirements of Section 7 hereof (other than Sections 7.01, 7.02(b), 7.02(d), 7.02(e), 7.02(g), 7.02(k), 7.03(e), 7.04, 7.05, 7.18, or 7.20), Section 11.14(a), or Section 11.15(a) hereof; or (ii) fail to comply with the requirements of Sections 7.01, 7.02(b), 7.02(d), 7.02(e), 7.02(g), 7.02(k), 7.03(e), 7.04, 7.05, 7.18, or 7.20 and such default shall continue unremedied for a period of ten (10) days after notice thereof from Lender, or (iii) fail to observe or perform any other covenant, condition or agreement contained in this Loan Agreement or any other Loan Document and such failure to observe or perform shall continue unremedied for a period of ten (10) days after (A) written notice thereof from Lender or (B) Borrower or Guarantor obtains knowledge thereof; or

Default of Covenant. Any Loan Party shall: ------------------- (i) fail to comply with the requirements of Section 7 hereof (other than Section 7.01, 7.02(b), 7.02(d), 7.03, or 7.08), (ii) fail to comply with the requirements of Sections 7.01, 7.02(b), 7.02(d), 7.03, or 7.08 and such default shall continue unremedied for a period of five (5) Business Days; or (iii) fail to observe or perform any other covenant, condition or agreement contained in this Loan Agreement or any other Loan Document and such failure to observe or perform shall continue unremedied for a period of seven (7) Business Days; or

Default of Covenant. The Borrower shall: (i) fail to comply with the requirements of Section 7 hereof (other than Sections 7.01, 7.02(b), 7.02(d), 7.03, or 7.08), (ii) fail to comply with the requirements of Sections 7.01, 7.02(b), 7.02(d), 7.03, or 7.08 and such default shall continue unremedied for a period of five (5) Business Days, or (iii) fail to observe or perform any other covenant, condition or agreement contained in this Loan Agreement or any other Loan Document and such failure to observe or perform shall continue unremedied for a period of seven (7) Business Days; or

Default of Covenant. Any Credit Party shall: (i) in the case of the Borrower, fail to comply with the requirements of Section 7 hereof (other than Sections 7.01, 7.02(b), 7.02(d), 7.03, or 7.08), (ii) in the case of the Borrower, fail to comply with the requirements of Sections 7.01, 7.02(b), 7.02(d), 7.03, or 7.08 and such default shall continue unremedied for a period of five (5) Business Days, (iii) in the case of any Credit Party, fail to observe or perform any other covenant, condition or agreement contained in this Loan Agreement or any other Basic Document to which it is a party and such failure to observe or perform shall continue unremedied for a period of fifteen (15) Business Days; or