Default under this Agreement. If Pledgor defaults in the due ---------------------------- performance or observance of any representation or obligation under this Agreement.
Default under this Agreement. If the Pledgor shall fail to duly perform, comply with or observe any of the terms, conditions or covenants of this Agreement.
Default under this Agreement. Borrower shall be in default under this Agreement if it fails to comply with any provision of this Agreement and such failure is not cured within 10 days after notice from Lender. Borrower understands that a default under this Agreement shall be deemed to be an Event of Default under the Security Instrument, and that in addition to the remedies specified in this Agreement, Lender shall be able to exercise all of its rights and remedies under the Security Instrument upon an Event of Default.
Default under this Agreement. The failure of Borrower to comply with any provisions of this Agreement shall constitute a default under the Loan Documents, entitling Lender to exercise any and all remedies to which it may be entitled thereunder and hereunder, at law and/or in equity (after such notice and such opportunity to cure such default as may be required by the Loan Agreement).
Default under this Agreement. Should the Borrower violate or fail to comply fully with any of the terms and conditions of, or default under, this Agreement, and such default not be cured within thirty (30) days of the occurrence thereof (provided, however, that no cure period shall be available for a default in the obligation to maintain insurance coverages required hereby).
Default under this Agreement. In case any Event of Default occurs and is not waived by Purchaser, Purchaser may declare Merchant and/or Guarantor in default under this Agreement by sending a default notice to Merchant and/or Guarantor, as the case may be.
Default under this Agreement. Any failure by the Company to comply with any of the provisions of this Agreement, other than an isolated, insubstantial and inadvertent failure not occurring in bad faith and which is remedied by the Company promptly after receipt of notice thereof given by the Executive; or
Default under this Agreement. In case any Event of Default occurs and is not waived by Purchaser, Purchaser may declare Merchant and/or Officer in default under this Agreement by sending a default notice to Merchant and/or Officer, as the case may be.
Default under this Agreement. Borrower shall be in default under this Agreement if (i) it fails to make any Additional Deposit or other payment required hereunder when due or (ii) it fails to comply with any provision of this Agreement and such failure is not cured within ten (10) calendar days after notice from Lender. Borrower understands that a default under this Agreement shall be deemed to be a default under the terms of the Reimbursement Agreement, the Modification Agreement and the other Loan Documents, and that in addition to the remedies specified in this Agreement, Lender shall be able to exercise all of its rights and remedies under the Reimbursement Agreement, the Modification Agreement, and the other Loan Documents upon a default. If a default occurs under the Reimbursement Agreement, the Modification Agreement, or any of the other Loan Documents, such event shall be deemed a default hereunder and Lender may at its option hold and apply the funds in the Debt Service Reserve as provided in Section 4.2 of this Agreement.
Default under this Agreement. If Pledgor defaults in the due ---------------------------- performance or observance of any representation or obligation under this Agreement; provided, however, that if such obligation is monetary, Pledgor shall be entitled to a grace period of ten (10) days following notice of such default to cure said default, and further provided that if such obligation is nonmonetary and is reasonably susceptible of being cured, Pledgor shall be entitled to a grace period of thirty (30) days following written notice of default to cure said default, and further provided that if such nonmonetary default is of such character as to reasonably require more than thirty (30) days to cure, Pledgor shall not be in default if Pledgor has diligently commenced to cure the default within the thirty (30) day period and uses reasonable diligence thereafter in curing the default. Notwithstanding the foregoing, if the event of default is one under both Subparagraphs (a) and (b), the provisions of Subparagraph (a) shall control in determining when and if the default is cured.
