NON-COMPLIANCE WITH GOVERNMENTAL REQUIREMENTS. If Borrower fails to comply with any requirement of any Governmental Authority within ten (10) calendar days after notice in writing of such requirement shall have been given to Borrower by such Governmental Authority, or such longer period of time permitted Borrower by such Governmental Authority; or
Appears in 1 contract
Samples: Loan and Security Agreement (Focal Communications Corp)
NON-COMPLIANCE WITH GOVERNMENTAL REQUIREMENTS. If a Borrower --------------------------------------------- fails to comply with any material requirement of any Governmental Authority within ten (10) calendar days Business Days after notice in writing of such requirement shall have been given to the Borrower by such Governmental Authority, or such longer period of time permitted the Borrower by such Governmental Authority; or
Appears in 1 contract
Samples: Loan and Security Agreement (Broadview Networks Holdings Inc)
NON-COMPLIANCE WITH GOVERNMENTAL REQUIREMENTS. If Borrower fails to comply with any requirement of any Governmental Authority within ten twenty (1020) calendar days after notice in writing of such requirement shall have been given to Borrower by such Governmental Authority, or such longer period of time permitted Borrower by such Governmental AuthorityAuthority and such noncompliance causes or unreasonably can be expected to cause a Material Adverse Effect; or
Appears in 1 contract
Samples: Loan and Security Agreement (GST Telecommunications Inc)
NON-COMPLIANCE WITH GOVERNMENTAL REQUIREMENTS. If Borrower or Guarantor fails to comply with any requirement of any Governmental Authority within ten twenty (1020) calendar days after notice in writing of such requirement shall have been given to Borrower or Guarantor by such Governmental Authority, or such longer period of time permitted Borrower or Guarantor by such Governmental Authority, if such failure to comply will have a material adverse affect on the operations or financial condition of the Borrower or the Guarantor; or
Appears in 1 contract
Samples: Loan and Security Agreement (Ixc Communications Inc)
NON-COMPLIANCE WITH GOVERNMENTAL REQUIREMENTS. If Borrower fails to comply with any requirement of any Governmental Authority within ten thirty (1030) calendar days after notice in writing of such requirement shall have been given to Borrower by such Governmental Authority, or such longer period of time permitted Borrower by such Governmental Authority; or
Appears in 1 contract
Samples: Loan and Security Agreement (Startec Global Communications Corp)
