Common use of Failure to Comply with Other Covenants Clause in Contracts

Failure to Comply with Other Covenants. The failure of the Borrower to perform, observe or comply with any covenant,condition or agreement contained in this Agreement other than those referred to in Sections 7.1.1, 7.1.2 or 7.1.3 above, which failure shall remain unremedied for a period of thirty (30) days after the Borrower discovers or should have discovered such failure.

Appears in 1 contract

Samples: Financing and Security Agreement (Chatwins Group Inc)

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Failure to Comply with Other Covenants. The failure of the Borrower to perform, observe or comply with any covenant,, condition or agreement contained in this Agreement other than those referred to in Sections 7.1.1, 7.1.2 or 7.1.3 above, which failure shall remain unremedied for a period of thirty (30) days after the Borrower discovers or should have discovered such failure.

Appears in 1 contract

Samples: Financing and Security Agreement (Reunion Industries Inc)

Failure to Comply with Other Covenants. The failure of any of the Borrower Borrowers to perform, observe or comply with any covenant,, condition or agreement contained in this Agreement other than those referred to set forth in Sections Section 7.1.1, 7.1.2 or 7.1.3 above, which failure shall remain unremedied for a period of thirty (30) days after written notice thereof to the Borrower discovers or should have discovered such failureBorrowers by the Lender.

Appears in 1 contract

Samples: Financing and Security Agreement (Flanders Corp)

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Failure to Comply with Other Covenants. The failure of the Borrower to perform, observe or comply with any covenant,condition term, covenant or agreement contained in this Agreement other than those referred described in Section 7.1.1 (Failure to in Sections 7.1.1, 7.1.2 Pay) or Section 7.1.3 above(Failure to Comply with Certain Covenants), which failure shall remain unremedied for a period of thirty (30) days after from the earlier of (i) written notice thereof to the Borrower discovers by the Lender or (ii) the date the Borrower knew or should have discovered known of such failurebreach thereof.

Appears in 1 contract

Samples: Financing and Security Agreement (Healthextras Inc)

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