Common use of NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS Clause in Contracts

NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower shall fail to perform any of its obligations and covenants under Section 3 of this Agreement, or shall fail to comply with any of the other provisions of this Agreement, other than under Section 4 hereof, or the Line of Credit Notes, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

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NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower Borrowers shall fail to perform any of its obligations and covenants under Section 3 9 of this Loan Agreement, or shall fail to comply with any of the other provisions of this Loan Agreement, other than under Section 4 10 hereof, or the Line of Credit NotesNote, the Swing Line of Credit Note, the Term Note, the Equipment Line of Credit Note, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower shall fail to perform any of its obligations and covenants under Section 3 of this Agreement, or shall fail to comply with any of the other provisions of this Agreement, other than under Section 4 hereof, or the Line of Credit Notes, the Term Note, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower shall fail to perform any of its obligations and covenants under Section 3 of this Agreement, or shall fail to comply with any of the other provisions of this Agreement, other than under Section 4 hereof, or the Line of Credit NotesNote, the Term Note, the Equipment Line of Credit Note, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower shall fail to perform any of its obligations and covenants under Section 3 of this Agreement, or shall fail to comply with any of the other provisions of this Agreement, other than under Section 4 hereof, Agreement or the Line of Credit Notes, Note or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

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NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower shall fail to perform any of its obligations and covenants under Section 3 of this Agreement, or shall fail to comply with any of the other provisions of this Agreement, other than under Section 4 hereof, or the Line of Credit NotesNote, the Term Note, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower Borrowers shall fail to perform any of its obligations and covenants under Section 3 9 of this Loan Agreement, or shall fail to comply with any of the other provisions of this Loan Agreement, other than under Section 4 10 hereof, or the Line of Credit NotesNote, the Term Note, the Equipment Line of Credit Note, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

NONCOMPLIANCE WITH AFFIRMATIVE COVENANTS AND OTHER AGREEMENTS. If the Borrower shall fail to perform any of its obligations and covenants under Section 3 of this Agreement, or shall fail to comply with any of the other provisions of this Agreement, other than under Section 4 hereof, or the Line of Credit NotesNote, or any other agreement with Standard Federal to which it may be a party, other than the payment of principal and interest.

Appears in 1 contract

Samples: Loan Agreement (McClain Industries Inc)

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