Common use of Non-Monetary Obligations Clause in Contracts

Non-Monetary Obligations. Any Borrower Party fails, on or before the expiration of the Grace Period, to timely perform any of its obligations in any Loan Document, other than those failures specifically governed by any other (i) Subsection of this Section 5.1, or (ii) Section of this Agreement or the Loan Documents.

Appears in 2 contracts

Samples: Loan Agreement (Educational Development Corp), Loan Agreement (Educational Development Corp)

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Non-Monetary Obligations. Any Borrower Party fails, on or before the expiration of the Grace Period, to timely perform any of its obligations in any Loan Document, other than those failures specifically governed by any other (i) Subsection of this Section 5.1, or (ii) Section of this Agreement or the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (ParagonCoin, LTD)

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Non-Monetary Obligations. Any Borrower Party fails, on or before the expiration of the Grace Period, to timely perform any of its obligations in any Loan Document, other than those failures specifically governed by any other (i) Subsection of this Section 5.1, or (ii) Section 5.1 of this Agreement or the Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (CRAWFORD UNITED Corp)

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