Common use of Guarantor Default Clause in Contracts

Guarantor Default. A default by Guarantor in the performance of any term or provision of this Agreement or any other Loan Document to which Guarantor is a party, or the breach, or any other failure to satisfy any other term, provision, condition or warranty imposed upon Guarantor in this Agreement or in any other Loan Document to which it is a party or by which Guarantor is bound, in each instance with respect to any of the foregoing, continuing to exist beyond all applicable notice and grace periods.

Guarantor Default. A default by Guarantor in the payment, performance or observance of any term or provision of this Agreement the Guaranty or any other Loan Document to which Guarantor is a party, or the breach, or any other failure to satisfy any other term, provision, condition or warranty imposed upon the Guarantor in this Agreement the Guaranty or in any other Loan Document to which it is a party or by which Guarantor is bound, in each instance with respect to any of the foregoing, continuing to exist beyond all applicable notice and grace periods.party; or

Guarantor Default. A default by Guarantor in the performance of any term or provision of this Agreement or any other Loan Document to which Guarantor is a party, or the breach, or any other failure to satisfy any other material term, provision, condition or warranty imposed upon Guarantor in this Agreement or in any other Loan Document Documents to which it is a party or and by which Guarantor is bound, in each instance with respect to any of the foregoing, continuing to exist beyond all applicable notice and grace periods.; or

Guarantor Default. A default by Guarantor in the performance of any term or provision of this Agreement or any other Loan Document to which Guarantor is a party, or the breach, or any other failure to satisfy any other term, provision, condition or warranty imposed upon the Guarantor in this Agreement or in any other Loan Document to which it Guarantor is a party or by which Guarantor is bound, after the expiration of any applicable grace period without the cure or waiver thereof, such cure period being determined in each instance with respect to any of the foregoing, continuing to exist beyond all applicable notice and grace periodssame manner as for the Borrower.