Common use of Defaults Under Agreement Clause in Contracts

Defaults Under Agreement. Each of the Loan Documents is modified to provide that it shall be an Event of Default if Borrower fails to pay or perform any of its duties or obligations under this Amendment or under any of the other Loan Documents, subject to any applicable cure periods set forth in the Loan Documents Further, it shall be an Event of Default under each of the Loan Documents if any representation or warranty made by Borrower set forth in this Amendment is materially incomplete, incorrect, or misleading.

Appears in 5 contracts

Samples: Loan and Security Agreement (Iron Bridge Mortgage Fund LLC), Loan and Security Agreement (Iron Bridge Mortgage Fund LLC), Loan and Security Agreement (Iron Bridge Mortgage Fund LLC)

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Defaults Under Agreement. Each of the Loan Documents is modified to provide that it shall be an Event of Default if Borrower fails to pay or perform any of its duties or obligations under this Amendment Agreement or under any of the other Loan Documents, subject to any applicable cure periods set forth in the Loan Documents Further, it shall be an Event of Default under each of the Loan Documents if any representation or warranty made by Borrower set forth in this Amendment Agreement is materially incomplete, incorrect, or misleading.

Appears in 2 contracts

Samples: Seventh Loan Modification Agreement (Iron Bridge Mortgage Fund LLC), Sixth Loan Modification Agreement (Iron Bridge Mortgage Fund LLC)

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