Defaults Under Other Documents Sample Clauses

Defaults Under Other Documents. Funding Lender shall have the right to cure any default under any of the Related Documents and the Subordinate Loan Documents, but shall have no obligation to do so.
AutoNDA by SimpleDocs
Defaults Under Other Documents. Neither the Borrower nor any Subsidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents.
Defaults Under Other Documents. The Bank shall have the right to cure any default under any of the Related Documents but shall have no obligation to do so and any action to so cure a default shall not be deemed to make the Bank liable for any other obligations of the Borrower.
Defaults Under Other Documents. Neither the Borrower nor any Subsidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound, the result of which would have a material adverse effect upon the Borrower's ability or any Guarantor's ability to perform its obligations under its Operative Documents or a Subsidiary's ability to pay dividends to the Borrower and/or the Guarantors.
Defaults Under Other Documents. The Borrower is not in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents.
Defaults Under Other Documents. 9 3.7 Judgment.................................................... 9 3.8
Defaults Under Other Documents. 12 4.7 Judgments . . . . . . . . . . . . . . . . . . . . . 12 4.8
AutoNDA by SimpleDocs
Defaults Under Other Documents. The Guarantor shall have the right to cure any default under any of the Borrower Documents, the Loan Documents or the Senior Loan Documents, but shall have no obligation to do so except as provided in the Interest Guaranty for the benefit of the Lenders only.
Defaults Under Other Documents. 9.5 Remedies Cumulative 9.6 Waivers ARTICLE X SUBORDINATION 10.1 Obligations Subordinated to Senior Debt 10.2 Suspension of Payment
Defaults Under Other Documents. Neither the Borrower nor any Subsidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound, the result of which would have a material adverse effect upon the Borrower's ability or any Guarantor's ability to perform its obligations under its Operative Documents or a Subsidiary's ability to pay dividends to the Borrower and/or the Guarantors, to the extent that such impaired ability would have a material adverse effect on the Borrower and its Subsidiaries, taken as a whole.
Time is Money Join Law Insider Premium to draft better contracts faster.