No Notice or Grace Period. There shall be no grace period and no notice provision with respect to the payment of principal at maturity and/or in connection with a Mandatory Principal Prepayment (except as provided in Section 2.3.8) and no grace period and no notice provision with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or an assignment for the benefit of creditors, or subject to Sections 10.2.4 and 10.2.5, with respect to a breach of warranty or representation under Article 6, or (subject to Section 10.2.5) with respect to the breach of any of the affirmative covenants set forth in Article 7 (unless a grace or cure period is specifically provided for therein) or (subject to Section 10.2.5) with respect to the breach of any of the negative covenants set forth in Article 8.
No Notice or Grace Period. There shall be no grace period and no requirement of notice with respect to the payment of principal at Maturity and no grace period and no requirement of notice with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or a general assignment for the benefit of creditors, with respect to non-monetary defaults which are not reasonably capable of being cured or with respect to a breach of warranty or representation under Section 6.1.(Financial Information), or with respect to breaches under Section 7.3 (Financial Covenants), Section 7.4 (Indebtedness and Restrictions on Liens, Transfers and Additional Debt), Section 7.7 (Limitations on Certain Transactions), Section 9.1.6 (Change of Control) or Section 9.1.7 (Judgments).
No Notice or Grace Period. Except for any grace or notice period specifically provided for in any referenced section of this Agreement, there shall be no grace period and no notice provision with respect to the payment of principal at maturity and no grace period and no notice provision with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or an assignment for the benefit of creditors, or with respect to a breach of warranty or representation as set forth in Section 10.1.5, or with respect to the breach of any of the affirmative covenants set forth in Sections 7.26.1, 7.26.3, and 7.26.3.
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to the payment of principal at maturity and/or in connection with a Mandatory Principal Prepayment (except as provided in Section 2.3.8 above) and no grace period and no notice provision with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or an assignment for the benefit of creditors (any of which events shall also result in an immediate termination of the Lenders’ Commitments hereunder), or subject to Sections 10.2.4 and 10.2.5, with respect to a breach of warranty or representation under Article 6, or (subject to Section 10.2.5) with respect to the breach of any of the affirmative covenants set forth in Article 7 (unless a grace or cure period is specifically provided for therein) or (subject to Section 10.2.5) with respect to the breach of any of the negative covenants set forth in Article 8.
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to the payment of principal at Maturity and no grace period and no notice provision with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or an assignment for the benefit of creditors, or with respect to nonmonetary defaults which are not reasonably capable of being cured, or with respect to a breach of warranty or representation under Section 8.1. (regarding Financial Information), or with respect to breaches under Section 9.6 (Restrictions on Liens, Transfers and Additional Debt) except as provided in Section 8 and 9.7 (Limits on Guaranties and Distributions).
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to the payment in full of the Loan at Maturity.
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to:
A. nonpayment of interest, and installments of principal prior to maturity, when due;
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to the payment of principal at Maturity and no grace period and no notice provision with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or an assignment for the benefit of creditors, or with respect to nonmonetary defaults which are not reasonably capable of being cured, or with respect to a breach of warranty or representation under Section 8.1 (regarding Financial Information), or with respect to breaches under Section 9.6 (Restrictions on Liens, Transfers and Additional Debt), Section 9.7 (Limits on Guaranties and Distributions), or under Section 11.1.8, except that a Default arising from distribution other than a Permitted Distribution shall not constitute an Event of Default if the amount improperly distributed is repaid to Borrower within ten (10) Business Days following Borrower’s first having actual knowledge of all of the factual circumstances necessary to conclude that such Distribution gave rise to a Default hereunder.
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to:
A. nonpayment of scheduled interest, and installments of principal prior to maturity, when due;
B. nonpayment of principal at maturity;
C. nonpayment of any other monetary obligations hereunder, under any other Loan Documents when due;
D. defaults under Sections 10.1.3 (Financial Status and Insolvency), 10.1.4 (Liens), 10.1.6 (Breach of Representation or Warranty), 10.1.8 (Guarantor Default), 10.1.9 (Death of or Guarantor), 10.1.11 (Invalidity of Loan Documents), or 10.1.12 (Judgment);
E. nonmonetary defaults which are not reasonably capable of being cured, including, without limitation, the DSCR Covenant; and
F. breaches or defaults under Sections 8.4 (Conduct of Business; Compliance with Law), 8.5 (Insurance), 8.6 (Restrictions on Liens, Transfers and Additional Debt), 8.7 (Limits on Guaranties and Distributions), and 8.20 (Compliance With Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions).
No Notice or Grace Period. There shall be no grace period and no notice provision with respect to the payment of principal at maturity and no grace period and no notice provision with respect to defaults related to the voluntary filing of bankruptcy or reorganization proceedings or an assignment for the benefit of creditors, or with respect to nonmonetary defaults which are not reasonably capable of being cured, or with respect to a breach of a material warranty or representation under Section 6.
