Common use of Failure to Observe Other Covenants Clause in Contracts

Failure to Observe Other Covenants. The Borrowers shall fail to perform or observe any of their other obligations under this Agreement or any of the other Credit Facility Documents, or there is a breach or non-performance or non-observance of any other term or condition of this Agreement or any of the other Credit Facility Documents, and such default shall have continued for a period of 30 days after the earlier of the date on which a Responsible Officer of either of the Borrowers becomes aware of such default and the date on which written notice of such default is given to the Borrowers by the Administration Agent;

Appears in 3 contracts

Samples: Postponement Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)

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Failure to Observe Other Covenants. The Borrowers shall fail A Borrower fails to perform or observe any of their its other obligations under this Agreement or any of the other Credit Facility Documents, or there is a breach or non-performance or non-observance of any other term or condition of this Agreement or any of the other Credit Facility Documents, and such default shall have continued for a period of 30 days after the earlier of the date on which a Responsible Officer of either of the Borrowers becomes aware of such default and the date on which written notice of such default is given to the Borrowers by the Administration Agentdays;

Appears in 2 contracts

Samples: Credit Agreement (West Fraser Timber Co., LTD), Credit Agreement (West Fraser Timber Co., LTD)

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