Common use of Non-Performance of Other Covenants and Obligations Clause in Contracts

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and observance of any obligation contained in any Credit Document executed by it (other than as specified in Section 10.01(a), Section 10.01(b) or Section 10.01(c)), and such default shall continue unremedied for a period of thirty (30) Business Days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect thereof.

Appears in 7 contracts

Samples: Credit Agreement (Minerva Surgical Inc), Credit Agreement (Teligent, Inc.), Credit Agreement (Teligent, Inc.)

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Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and observance of any covenant obligation contained in any Credit Document executed by it (other than as specified in Section 10.01(a), Section 10.01(b) or Section 10.01(c)), and such default shall continue unremedied for a period of thirty (30) Business Days after the earlier of (i) any officer of any Credit Party shall first have actual knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect thereof.

Appears in 5 contracts

Samples: Credit Agreement (Adma Biologics, Inc.), Credit Agreement (Evolent Health, Inc.), Credit Agreement (Paragon 28, Inc.)

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and observance of any obligation contained in any Credit Document executed by it (other than as specified in Section Sections 10.01(a), Section 10.01(b) ), 10.01(c), or Section 10.01(c10.01(d)), and and, in each of the foregoing instances, such default shall continue unremedied for a period of thirty (30) Business Days 30 days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any such Credit Party receives written notice from or otherwise obtains knowledge of the Administrative Agent or the Required Lenders in respect occurrence thereof.

Appears in 5 contracts

Samples: Credit Agreement (Goodness Growth Holdings, Inc.), Credit Agreement (Goodness Growth Holdings, Inc.), Credit Agreement (Goodness Growth Holdings, Inc.)

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and observance of any obligation contained in any Credit Document executed by it (other than as specified in Section Sections 10.01(a), Section 10.01(b) ), 10.01(c), or Section 10.01(c10.01(d)), and in each case such default shall continue unremedied for a period of thirty more than fifteen (3015) Business Days days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect delivers to such Credit Party notice thereof.

Appears in 3 contracts

Samples: Credit Agreement (Verano Holdings Corp.), Credit Agreement (Verano Holdings Corp.), Credit Agreement

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and or observance of any obligation contained of its obligations under Section 8.05 (solely with respect to such Credit Party’s maintenance of good standing in any Credit Document executed by it (other than as specified in Section 10.01(aits jurisdiction of organization), Section 10.01(b8.06, Section 8.07, Section 8.16, Section 8.21 or Sections 9.07(b)(i) or Section 10.01(c)9.07(b)(iii), and in each case such default shall continue unremedied for a period of thirty more than ten (3010) Business Days days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect occurrence thereof.

Appears in 3 contracts

Samples: Credit Agreement (Verano Holdings Corp.), Credit Agreement (Verano Holdings Corp.), Credit Agreement

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and or observance of any obligation contained of its obligations under Section 8.05 (solely with respect to such Credit Party’s maintenance of good standing in any Credit Document executed by it (other than as specified in Section 10.01(aits jurisdiction of organization), Section 10.01(b) 8.06, Section 8.07 or Section 10.01(c))8.16, and such default shall continue unremedied for a period of thirty ten (3010) Business Days days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect occurrence thereof.

Appears in 2 contracts

Samples: Credit Agreement (PARETEUM Corp), Credit Agreement (Elephant Talk Communications Corp)

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and or observance of any obligation contained of its obligations under Section 8.05 (solely with respect to such Credit Party’s maintenance of good standing in any Credit Document executed by it (other than as specified in Section 10.01(aits jurisdiction of organization), Section 10.01(b) or Section 10.01(c)), and such default shall continue unremedied for a period of thirty (30) Business Days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect thereof.8.06 or

Appears in 2 contracts

Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

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Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and or observance of any obligation contained of its obligations under Section 8.05 (solely with respect to such Credit Party’s maintenance of good standing in any Credit Document executed by it its jurisdiction of organization), 8.06 or 8.07 (other than as specified in Section 10.01(awith respect to timely payments on Land Contracts), Section 10.01(b) or Section 10.01(c))any Credit Party shall default in the due performance or observance of its obligations under any covenant applicable to it under any Security Document, and such default shall continue unremedied for a period of thirty (30) Business Days 10 days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect occurrence thereof.

Appears in 1 contract

Samples: Credit Agreement (TerrAscend Corp.)

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and observance of any obligation contained in any Credit Document executed by it (other than as specified in Section 10.01(a), Section 10.01(b) or Section 10.01(c)), and such default shall continue unremedied for a period of thirty (30) Business Days days after the earlier of (i) any officer an Authorized Officer of any Credit Party (i) shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect thereofLenders.

Appears in 1 contract

Samples: Credit Agreement (Airsculpt Technologies, Inc.)

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and or observance of any obligation contained of its obligations under Section 8.05 (solely with respect to such Credit Party’s maintenance of good standing in any Credit Document executed by it (other than as specified in Section 10.01(aits jurisdiction of organization), Section 10.01(b8.06, Section 8.07, Section 8.14, Section 8.18 or Sections 9.07(b)(i) or Section 10.01(c)9.07(b)(iii), and in each case such default shall continue unremedied for a period of thirty more than ten (3010) Business Days days after the earlier of (i) any officer of any Credit Party shall first have knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect occurrence thereof.

Appears in 1 contract

Samples: Credit Agreement (Verano Holdings Corp.)

Non-Performance of Other Covenants and Obligations. Any Credit Party shall default in the due performance and observance of any covenant obligation contained in any Credit Document executed by it (other than as specified in Section 10.01(a), Section 10.01(b) or Section 10.01(c)), and such default shall continue unremedied for a period of thirty (30) Business Days after the earlier of (i) any officer of any Credit Party shall first have actual knowledge thereof or (ii) any Credit Party receives written notice from the Administrative Agent or the Required Lenders in respect thereof.. 103

Appears in 1 contract

Samples: Credit Agreement (Evolent Health, Inc.)

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