Material Breach of Covenant Sample Clauses

Material Breach of Covenant. Grantor shall fail to perform or comply in any material and adverse respect with any non-monetary term, covenant or condition imposed in this Deed of Trust or any other Loan Document, (a) which failure remains uncured for a period of thirty (30) days after the Grantor's receipt of written notice of such failure, or (b) in the case of any failure or breach of covenant relating to the payment of taxes or maintenance of insurance as provided herein, which failure remains uncured for a period of ten (10) days after receipt of written notice by Grantor of such failure; provided, however, that, in the case of clause (a), it shall not be an Event of Default if such failure is curable but is not reasonably susceptible of being cured within such thirty (30) day period but Grantor promptly commences to cure within such thirty (30) day period and thereafter diligently pursues such cure to completion (but in no event later than one hundred eighty (180) days after receipt of such written notice); or
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Material Breach of Covenant. Failure by Debtor to perform or comply in any material respect with any non-monetary term, covenant or condition imposed in this Security Agreement, (a) which failure remains uncured for a period of thirty (30) days after receipt of written notice of such failure, or (b) in the case of any failure or breach of covenant relating to the maintenance of insurance as provided herein, which failure remains uncured for a period of ten (10) days after receipt of written notice of such failure; provided, however, that, in the case of clause (a), it shall not be an Event of Default if such failure is curable but it is not reasonably susceptible of being cured within such thirty (30) day period but Debtor promptly commences to cure within such thirty (30) day period and thereafter diligently pursues such cure to completion (but in no event later than one hundred eighty (180) days after receipt of such written notice); or
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Material Breach of Covenant. The Borrower materially breaches any covenant in Article 7.
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Material Breach of Covenant. The Company breaches any material covenant or other term or condition of this Note, the Purchase Agreement, or in any Transaction Document, in any material respect and such breach, if subject to cure, continues for a period of thirty (30) calendar days after notice of such breach is given by the Holder.
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Material Breach of Covenant. 15 2.4. Event of Default Under Loan Agreement......................... 15
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Material Breach of Covenant. Failure by the Mortgagor to perform or comply in any material respect with any term, covenant or condition imposed in this Mortgage or any other Loan Document, other than with respect to any payment referred to in Section 2.1 above, (a) which failure remains uncured for a period of thirty (30) days after receipt by the Mortgagor of written notice of such failure, or (b) in the case of any failure or breach of covenant relating to the payment of taxes or maintenance of insurance as provided herein, which failure remains uncured for a period of ten (10) days after receipt of written notice of such failure; provided, however, that, in the case of clause (a), it shall not be an Event of -------- ------- Default if such failure is curable but is not reasonably susceptible of being cured within such 30-day period but the Mortgagor promptly commences to cure within such 30-day period (and so notifies the Mortgagee) and thereafter diligently pursues such cure to completion (but in no event later than 180 days after receipt of such written notice); and
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Material Breach of Covenant. The Company shall fail to materially observe or perform any other material covenant in the Transaction Documents, which failure is not cured within ten business days after notice of such default sent by the Holder to the Company; or
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Related to Material Breach of Covenant

  • Breach of Covenant The Borrower breaches any material covenant or other term or condition of the Subscription Agreement or this Note in any material respect and such breach, if subject to cure, continues for a period of ten (10) business days after written notice to the Borrower from the Holder.

  • Breach of Covenants If the Company breaches any of the covenants set forth in this Section 4, and in addition to any other remedies available to the Buyer pursuant to this Agreement, it will be considered an event of default under Section 3.4 of the Note.

  • Material Breach A material breach for purposes of this Agreement shall include, but not be limited to:

  • No Misrepresentation or Breach of Covenants and Warranties There shall have been no material breach by Buyer in the performance of any of its covenants and agreements herein; each of the representations and warranties of Buyer contained or referred to in this Agreement shall be true and correct on the Closing Date as though made on the Closing Date, except for changes therein specifically permitted by this Agreement or resulting from any transaction expressly consented to in writing by Seller or any transaction contemplated by this Agreement; and there shall have been delivered to Seller a certificate to such effect, dated the Closing Date and signed on behalf of Buyer by an authorized officer of Buyer.

  • Breach of Confidentiality Contractor acknowledges that there can be no adequate remedy at law for any breach of Contractor’s obligations hereunder, that any such breach will likely result in irreparable harm, and therefore, that upon any breach or threatened breach of the confidentiality obligations, the Court shall be entitled to appropriate equitable relief, without the requirement of posting a bond, in addition to its other remedies at law. INDEMNIFICATION

  • Breach of Agreement Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under this Agreement or delivery under Section 2(a)(i) or 2(e) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with this Agreement if such failure is not remedied on or before the thirtieth day after notice of such failure is given to the party;

  • Breach of Representation Any representation or warranty made or deemed made by any Borrower or any Guarantor in this Agreement, any Other Document or any related agreement or in any certificate, document or financial or other statement furnished at any time in connection herewith or therewith shall prove to have been misleading in any material respect on the date when made or deemed to have been made;

  • Breach of Representations, Etc Any representation, warranty, certification or other statement made or deemed made by any Credit Party in any Credit Document or in any statement or certificate at any time given by any Credit Party or any of its Subsidiaries in writing pursuant hereto or thereto or in connection herewith or therewith shall be false in any material respect as of the date made or deemed made; or

  • Breach of Representation or Warranty Any representation or warranty made or deemed made by Borrower to Lender herein or in any of the other Loan Documents or in any statement, certificate or financial statements at any time given by Borrower pursuant to any of the Loan Documents shall be false or misleading in any material respect on the date as of which made.

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