Common use of Guarantor Revocation Clause in Contracts

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable guarantee agreement or breach any of the other terms of such guarantee agreement which breach remains unremedied for five (5) days.

Appears in 1 contract

Samples: Credit Agreement (Finishmaster Inc)

AutoNDA by SimpleDocs

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable guarantee agreement or breach any of the other terms of such guarantee agreement which breach remains unremedied for five (5) daysagreement.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable guarantee agreement or 100 110 breach any of the other terms of such guarantee agreement which breach remains unremedied for five (5) days. A Default shall be deemed "continuing" until waived in writing in accordance with Section 8.3.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Brightpoint Inc)

AutoNDA by SimpleDocs

Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any of its payment obligations under the applicable guarantee agreement or breach any of the other terms of such guarantee agreement which breach remains unremedied for five thirty (530) days.

Appears in 1 contract

Samples: Credit Agreement (Aas Capital Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.