Common use of Default Under Security Documents/Other Agreements Clause in Contracts

Default Under Security Documents/Other Agreements. Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security Documents.

Appears in 5 contracts

Samples: Loan and Security Agreement (Proficient Auto Logistics, Inc), Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Pameco Corp)

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Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security Documents.

Appears in 3 contracts

Samples: Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Tropical Sportswear International Corp), Loan and Security Agreement (Danka Business Systems PLC)

Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security Documents and such default shall not have been cured within the applicable grace and cure period, if any, provided in such Other Agreements or Security Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co)

Default Under Security Documents/Other Agreements. Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security DocumentsDocuments beyond any applicable cure period.

Appears in 2 contracts

Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc)

Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual performance or observance or performance of any liability or obligation to be observed or performed by it under any of the Security Documents or any of the Other Agreements or Security DocumentsAgreements.

Appears in 1 contract

Samples: Loan and Security Agreement (Sed International Holdings Inc)

Default Under Security Documents/Other Agreements. Any ------------------------------------------------- Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security DocumentsDocuments (after giving effect to any applicable grace periods).

Appears in 1 contract

Samples: Credit Agreement (Superior Essex Inc)

Default Under Security Documents/Other Agreements. Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security DocumentsDocuments and any cure period provided for therein shall have elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Toms Foods Inc)

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Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual performance or observance or performance of any liability or obligation to be observed or performed by it under any of the Security Documents or any of the Other Agreements (in each case, after giving effect to any applicable grace or Security Documentscure period).

Appears in 1 contract

Samples: Loan and Security Agreement (Artesyn Technologies Inc)

Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability term, covenant, condition or obligation to be observed agreement contained in any of the Security Documents or performed by it under any of the Other Agreements or Security DocumentsAgreements.

Appears in 1 contract

Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)

Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security Documents and such default shall not have been cured within the applicable grace and cure period provided in such Other Agreements or Security Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Standard Register Co)

Default Under Security Documents/Other Agreements. Any Borrower or any other Obligor shall default in the due and punctual observance or performance of any liability or obligation to be observed or performed by it under any of the Other Agreements or Security DocumentsDocuments beyond any applicable notice and cure periods provided therein.

Appears in 1 contract

Samples: Loan and Security Agreement (Rowe Companies)

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