Defaults Under this Agreement Sample Clauses
Defaults Under this Agreement. Failure by the Borrower to comply with or perform any of the covenants or agreements of the Borrower set forth in Sections 8.1.9, 9 (other than Sections 9.5, 9.7, 9.9 and 9.12 which shall be governed by Section 12.1.5) or 10.
Defaults Under this Agreement. Upon the occurrence of an Event of Default hereunder, or at any time thereafter while such default continues, Lender, in its sole discretion, may do any one or more of the following:
(i) send notice of such Event of Default to the Corporation;
(ii) declare the Reimbursement Loan Note, if outstanding, and any and all amounts due and owing under this Agreement or under the other Transaction Documents, to be immediately due and payable;
(iii) terminate the Letter of Credit; and
(iv) exercise any rights and remedies available to it by law or under this Agreement, the Security Agreement, any other Transaction Document or any other agreement, document or instrument contemplated hereby.
Defaults Under this Agreement. Failure by such Borrower or Guarantor (or any of its Subsidiaries) to comply with or perform any of the covenants or agreements of such Borrower, Guarantor or any of its Subsidiaries set forth in this Agreement or the other Loan Documents applicable to such Borrower, Guarantor or any of its Subsidiaries (other than those constituting an Event of Default under any of the other provisions of this Section 10) and continuance of such failure for thirty (30) days with respect to such Borrower and ten (10) days with respect to Guarantor, in each case after notice thereof to such Borrower or Guarantor, as the case may be, from the Administrative Agent.
Defaults Under this Agreement. Failure by such Borrower to comply with or perform any of the covenants or agreements of such Borrower set forth in this Agreement or the other Loan Documents applicable to such Borrower (other than those constituting an Event of Default under any of the other provisions of this Section 10) and continuance of such failure for thirty (30) days with respect to such Borrower, in each case after notice thereof to such Borrower, from the Administrative Agent.
Defaults Under this Agreement. In the event of a default of one of the Parties, or any of its subsidiaries, affiliates, employees or legal representatives under this Agreement, other than under Clause 10.2.3, such Party shall be liable to the other Party for any direct damages suffered by it directly as a consequence of such default, excluding indirect or consequential damages.
Defaults Under this Agreement. Failure by the Borrower or the ----------------------------- Parent to comply with or perform any of the covenants or agreements set forth in Sections 10.1.8, 10.3, 11 and 12. --------------- ---- -- --
Defaults Under this Agreement. Borrower acknowledges and agrees that this Agreement shall constitute one of the Loan Documents, and that any breach by Borrower of Borrower's warranties or representations in this Agreement and any default by Borrower under any of Borrower's obligations in this Agreement shall constitute a default hereunder and under the Note, and an "Event of Default" under the Mortgage.
Defaults Under this Agreement. Upon the occurrence of an Event of Default hereunder, or at any time thereafter while such default continues, Lenders, in their sole discretion, may do any one or more of the following:
(i) send notice of such Event of Default to the Corporation;
(ii) declare the Reimbursement Loan Note, if outstanding, and any and all amounts due and owing under this Agreement or under the other Transaction Documents (including all Secured Obligations), as well as the Maximum Credit at that time to be immediately due and payable;
(iii) terminate the Letter of Credit; and
(iv) exercise any rights and remedies available to it by law or under this Agreement, the Security Agreement, any other Transaction Document or any other agreement, document or instrument contemplated hereby.
Defaults Under this Agreement. Failure by the Parent or the Co-Borrowers to comply with or perform any of the covenants or agreements of the Parent or the Co-Borrowers set forth in Sections 10.1, 10.2, 10.3, 10.5, 10.6, 10.7, 10.8, 10.10, 11 and 12.
Defaults Under this Agreement. Subject to Section 12.1 (a), if the Borrower defaults in the performance or observance of any covenant or agreement contained in this Agreement, provided that no such Default shall constitute an Event of Default if, being capable of remedy, it is remedied within 15 days of the Agent giving notice to the Borrower of such default (or such longer period as the Required Lenders may designate in their sole discretion in situations where the Borrower is diligently proceeding to remedy a Default that is capable of being remedied and the Required Lenders are satisfied, in their sole discretion, that they are not being prejudiced by the continuance of the Default).