Common use of Non-Compliance with Loan Documents Clause in Contracts

Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.6(a), 10.5 (solely with respect to Xxxxxxxx), 10.6, or Section 11. (b) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, 10.1.3 or 10.1.4 and continuance of that failure described in this Section 13.1.5(b) for 5 or more Business Days. (c) Failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that failure described in this Section 13.1.5(c) for 30 or more days.

Appears in 1 contract

Samples: Credit Agreement (Moneylion Inc.)

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Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.6(a), 10.5 (solely with respect to Xxxxxxxx), 10.6, or Section 11. (b) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, 10.1.3 10.1.3, 10.1.5, 10.2, 10.3(b), 10.5, 10.6, 10.10, 10.11, 10.12, 10.13, 10.16, 10.17, 10.18, 10.19, or 10.1.4 and continuance of that Section 11, or (b) failure described in this Section 13.1.5(b) for 5 or more Business Days. (c) Failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that such failure described in this Section 13.1.5(cclause (b) for 30 or more daysdays after the earlier of (i) the date any Loan Party knows or reasonably should have known of such failure or (ii) the date of receipt by Borrower Representative (or any Borrower) of notice from Administrative Agent or Required Lenders of such failure.

Appears in 1 contract

Samples: Credit Agreement (AgileThought, Inc.)

Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.6(a10.1.1, 10.1.2, 10.1.5, 10.3(b), 10.5 (solely with respect to Xxxxxxxx)10.5, 10.6, or Section 11. (b) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, Section 10.1.3 or 10.1.4 and continuance of that failure described in this Section 13.1.5(b) for 5 3 or more Business Daysdays. (c) Failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that failure described in this Section 13.1.5(c) for 30 15 or more days.

Appears in 1 contract

Samples: Credit Agreement (American Virtual Cloud Technologies, Inc.)

Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in (x) Sections 10.1.6(a10.1.6, 10.2, 10.3(b), 10.3(d), 10.5 (solely with respect to Xxxxxxxxthe Company and Holdings), 10.6, 10.9, 10.10, 10.11, 10.12, 10.13 or Section 11. 10.13a) (bsubject, in the case of Section 11.12, to Section 13.4) Failure by any Loan Party to comply with or to perform any covenant set forth in and (y) Sections 10.1.1, 10.1.2, 10.1.3 or 10.1.4 and 10.1.8 and, with respect to this subclause (y), continuance of that failure described in this Section 13.1.5(b13.1.5(a) for 5 2 or more Business Days. (cb) Failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that failure described in this Section 13.1.5(c13.1.5(b) for 30 or more days.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Holding Corp)

Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.6(a10.1, 10.2, 10.3(b), 10.5 (solely with respect to Xxxxxxxx)10.5, 10.6, 10.12 and does not cure such failure or Section 11. neglect within ten (10) days after the occurrence thereof, (b) Failure failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, 10.1.3 Section 11; or 10.1.4 and continuance of that failure described in this Section 13.1.5(b) for 5 or more Business Days. (c) Failure failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that such failure described in this Section 13.1.5(cclause (b) for 30 or more thirty (30) days.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Falconstor Software Inc)

Non-Compliance with Loan Documents. (a) Failure by any Loan Party the Company to comply with or to perform any covenant set forth in Sections 10.1.6(a10.1.5(a), 10.5 (solely with respect to Xxxxxxxx)through 10.15, 10.610.19, 10.20 or Section 11. 10.22, (b) Failure failure by any Loan Party the Company to comply with or to perform any covenant covenants set forth in Sections 10.1.1, 10.1.2, 10.1.2 or 10.1.3 or 10.1.4 and continuance of that such failure described in this Section 13.1.5(bclause (b) for 5 five (5) days, or more Business Days. (c) Failure failure by any Loan Party the Company to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 1312) and continuance of that such failure described in this Section 13.1.5(cclause (c) for 30 or more thirty (30) days.

Appears in 1 contract

Samples: Credit Agreement (Valassis Communications Inc)

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Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.6(a), 10.5 (solely with respect to Xxxxxxxx), 10.6, or Section 11. (ba) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, 10.1.3 or 10.1.4 10.1.3, and continuance of that such failure described in this Section 13.1.5(bclause (a) for 5 10 Business Days (or more Business Days. (c) Failure by if any Loan Party has previously failed to comply with or perform any such covenant during the preceding 12 month period or twice during the term of this Agreement, for 5 Business Days), (b) any covenant set forth in Sections 10.1.4(a), 10.2, 10.3(b), 10.5(a), 10.6, 10.11, 10.12 or Section 11 (subject to perform the provisions of Section 13.4); or (c) any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that such failure described in this Section 13.1.5(cclause (c) for 30 or more days.

Appears in 1 contract

Samples: Credit Agreement (Xponential Fitness, Inc.)

Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant covenants set forth in Sections 10.1.6(a10.1, 10.2, 10.3(b), 10.5 (solely with respect to Xxxxxxxx)10.5, 10.6, 10.12 and does not cure such failure or Section 11. neglect within ten (10) days after the occurrence thereof, (b) Failure failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, 10.1.3 Section 11; or 10.1.4 and continuance of that failure described in this Section 13.1.5(b) for 5 or more Business Days. (c) Failure failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that such failure described in this Section 13.1.5(cclause (b) for 30 or more thirty (30) days.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Falconstor Software Inc)

Non-Compliance with Loan Documents. (a) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.6(aSection 10.1.1 (Annual Report), Section 10.1.2 (Interim Reports), Section 10.1.3 (Compliance Certificates), Section 10.1.5(a) (Notice of Defaults and Events of Default), Section 10.1.7 (Projections), Section 10.3(c) (Agent Placed Insurance), Section 10.5 (solely with respect to XxxxxxxxMaintenance of Existence, Etc.), 10.6Section 10.6 (Use of Proceeds), or Section 11.11 (Negative Covenants); or (b) Failure by any Loan Party to comply with or to perform any covenant set forth in Sections 10.1.1, 10.1.2, 10.1.3 or 10.1.4 and continuance of that failure described in this Section 13.1.5(b) for 5 or more Business Days. (c) Failure by any Loan Party to comply with or to perform any other provision of this Agreement or any other Loan Document (and not constituting an Event of Default under any other provision of this Section 13) and continuance of that such failure described in this Section 13.1.5(cclause (b) for 30 or more days.

Appears in 1 contract

Samples: Loan and Security Agreement (Mammoth Energy Services, Inc.)

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