Common use of Default under Loan Documents Clause in Contracts

Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, and such failure to perform or default in performance continues beyond any applicable grace or cure period, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Aar Corp), Revolving Loan Agreement (Aar Corp)

AutoNDA by SimpleDocs

Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, and such failure to perform or default in performance continues beyond any applicable grace or cure period, shall be and constitute an Event of Default under this Agreement and any other of the ObligationsObligations and, if capable of being cured, such failure to perform or default in performance continues for a period of thirty (30) days after the Borrower receives notice or knowledge from any source of such failure to perform or default in performance.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Amtech Systems Inc)

AutoNDA by SimpleDocs

Default under Loan Documents. A Any default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, and such failure to perform or default in performance continues beyond any applicable grace or cure period, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 2 contracts

Samples: Exhibit 7 Security Agreement (Kojaian Mike), Security Agreement (Grubb & Ellis Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!