Default under Loan Documents. A material breach of or material default by the Borrower under the terms, covenants, and conditions set forth in any other Loan Documents which is not cured within any applicable cure or grace period.
Appears in 5 contracts
Samples: Security Agreement (Majestic Companies LTD), Security Agreement (Majestic Safe-T-Products LTD), Security Agreement (Majestic Safe-T-Products LTD)
Default under Loan Documents. A material breach of or material default by any or all of the Borrower BORROWERS under the terms, covenants, and conditions set forth in any other Loan Documents LOAN DOCUMENT which is not cured within any applicable cure or grace period.
Appears in 1 contract
Default under Loan Documents. A material breach of or material default by ---------------------------- the Borrower under the terms, covenants, and conditions set forth in any other Loan Documents Document, which is not cured within any applicable cure or grace period.
Appears in 1 contract
Samples: Loan Renewal and Security Agreement (Precision Auto Care Inc)
