Default Under Other Lien Sample Clauses

Default Under Other Lien. A default or event of default occurs under any lien, security interest or assignment covering the Property or any part thereof (whether or not Holder and Lenders have consented, and without hereby implying any consent by Holder or Lenders, to any such lien, security interest or assignment not created hereunder), or the holder of any such lien, security interest or assignment declares a default or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
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Default Under Other Lien. A default or event of default occurs and has not been cured within the applicable grace period (if any) under any lien, security interest or assignment covering the Mortgaged Property or any part thereof (whether or not Beneficiary has consented, and without implying Beneficiary’s consent, to any such lien, security interest or assignment not created hereunder), or the holder of any such lien, security interest or assignment declares a default or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
Default Under Other Lien. A default or event of default occurs under any lien, security interest or assignment covering the Grantor’s interest in the Property or any part thereof (whether or not Holder has consented, and without hereby implying Holder's consent, to any such lien, security interest or assignment not created hereunder) and any applicable cure period has expired, or the holder of any such lien, security interest or assignment declares a default or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
Default Under Other Lien. A default or event of default (after taking into consideration applicable notice, grace and cure periods, if any) occurs under any lien, security interest or assignment covering the Property or any part thereof (without hereby implying Administrative Agent's consent to any such lien, security interest or assignment not created under the Loan Documents), or the holder of any such lien, security interest or assignment declares a default or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
Default Under Other Lien. A default or event of default occurs under any lien, security interest or assignment covering any part of the Property (whether or not Lender has consented to such lien and without hereby implying Lender's consent to any such lien, security interest or assignment not created under the Loan Documents) and is not cured within any applicable cure period provided, or the holder of any such lien, security interest or assignment declares a default (which is not cured within any applicable cure period provided therefor) or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
Default Under Other Lien. A default or event of default occurs under ------------------------ any lien, security interest or assignment covering the Property or any part thereof (whether or not Mortgagee has consented, and without hereby implying Mortgagee's consent, to any such lien, security interest or assignment not created hereunder) and such default or event of default is not cured within the time (if any) permitted in such lien, security interest or assignment, or the holder of any such lien, security interest or assignment declares a default or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
Default Under Other Lien. A Default or event of Default occurs and has not been cured within the applicable grace period (if any) under any lien, security interest or assignment covering the Mortgaged Property or any part thereof (whether or not Administrative Lender has consented, and without hereby implying Administrative Lender's consent, to any such lien, security interest or assignment not created hereunder), or the holder of any such lien, security interest or assignment declares a Default or institutes foreclosure or other proceedings for the enforcement of its remedies thereunder.
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Related to Default Under Other Lien

  • Default Under Other Loan Documents Any Credit Party shall default in the performance or observance of any term, covenant, condition or agreement on its part to be performed or observed hereunder or under any Loan Document (and not constituting an Event of Default under any other clause of this Section 10.1) and such default shall continue unremedied for a period of thirty (30) days after written or telephonic (immediately confirmed in writing) notice thereof has been given to the Borrower by the Administrative Agent; or

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