Common use of Defaults Under Material Contracts Clause in Contracts

Defaults Under Material Contracts. Any default or event of default shall occur under any Material Contract, and, if subject to a cure right, shall fail to be cured or corrected within the applicable cure period.

Appears in 4 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

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Defaults Under Material Contracts. Any default or event of default shall occur under any Material Contract, and, if subject to a cure right, shall fail to be cured or corrected within the applicable cure period, unless such default would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (I Trax Inc), Credit Agreement (Symbion Inc/Tn)

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Defaults Under Material Contracts. Any default or event of default by the Borrower or any Guarantor shall occur under any Material Contract, and, if subject to a cure right, shall fail to be cured or corrected within the applicable cure period.

Appears in 1 contract

Samples: Credit Agreement (Nn Inc)

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