Common use of Guarantor Breach Clause in Contracts

Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo Guaranty shall not be entitled to such cure period), any “event of default” by the Guarantor under the PC Repo Guaranty, any repudiation of the PC Repo Guaranty by the Guarantor, or if the PC Repo Guaranty is not enforceable against the Guarantor.

Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo Guaranty shall not be entitled to such cure period), any “event of default” by the Guarantor under the PC Repo Guaranty, any repudiation of the PC Repo Guaranty by the Guarantor, or if the PC Repo Guaranty is not enforceable against the Guarantor.

Guarantor Breach. A breach by the Guarantor of any material representation, warranty or covenant set forth in the PC Repo Guaranty or any other Program Agreement if such breach is not cured within thirty (30) days (provided that the breach of the covenant in Section 6(c) of the PC Repo Guaranty shall not be entitled to such cure period)days, any “event of default” by the Guarantor under the PC Repo Guaranty, any repudiation of the PC Repo Guaranty by the Guarantor, or if the PC Repo Guaranty is not enforceable against the Guarantor.