Common use of Event of Default Under Other Loan Documents Clause in Contracts

Event of Default Under Other Loan Documents. An Event of Default (as defined therein) occurs under the Note or the Credit Agreement, or Borrower or Guarantor fails to promptly pay, perform, observe or comply with any obligation or agreement contained in any of the other Loan Documents (within any applicable grace or cure period).

Appears in 5 contracts

Samples: Security Agreement and Fixture Filing (Grubb & Ellis Healthcare REIT II, Inc.), Grubb & Ellis Healthcare REIT II, Inc., Grubb & Ellis Healthcare REIT II, Inc.

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Event of Default Under Other Loan Documents. An Event of Default (as such term is defined therein) occurs under the Note or in the Credit Agreement, ) or Borrower a Default or Guarantor fails to promptly pay, perform, observe or comply with any obligation or agreement contained an Event of Default (as each such term is defined in the other Loan Documents) (other than the Financial Covenant Defaults) shall occur under any of the other Loan Documents (within any applicable grace or cure period)Documents.

Appears in 5 contracts

Samples: Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement, Second Waiver and Amendment Agreement (Selas Corp of America)

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Event of Default Under Other Loan Documents. An Event of Default (as such term is defined therein) occurs under the Note or in the Credit Agreement, ) or Borrower a Default or Guarantor fails to promptly pay, perform, observe or comply with any obligation or agreement contained an Event of Default (as each such term is defined in the other Loan Documents) (other than the Discontinued Operation Covenant Defaults) shall occur under any of the other Loan Documents (within any applicable grace or cure period)Documents.

Appears in 1 contract

Samples: Second Waiver and Amendment Agreement (Selas Corp of America)

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