Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance or compliance with any term contained in Section 5.1(a), Section 5.1(b), Section 5.1(c), or Section 5.1(d) and such default shall not have been remedied or waived within five Business Days or (y) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than any such term referred to in any other provision of this Section 8.1, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Authorized Officer of any Credit Party becoming aware of such default or (ii) receipt by the Borrower of notice from the Administrative Agent or the Requisite Lenders of such default; or
Appears in 1 contract
Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance or compliance with any term contained in Section 5.1(a), Section 5.1(b), Section 5.1(c), Section 5.1(d) or Section 5.1(d5.1(l) and such default shall not have been remedied or waived within five Business Days or (y) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than any such term referred to in any other provision of this Section 8.1, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Authorized Officer of any Credit Party becoming aware of such default or (ii) receipt by the Borrower of notice from the Administrative Agent or the Requisite Lenders of such default; or
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (REV Group, Inc.)
Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance or compliance with any term contained in Section 5.1(a), Section 5.1(b), Section 5.1(c), Section 5.1(d) or Section 5.1(d5.1(l) and such default shall not have been remedied or waived within five Business Days or (y) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than any such term referred to in any other provision of this Section 8.1, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Authorized Officer of any Credit Party becoming aware of such default or (ii) receipt by the Borrower of notice from the Administrative Agent Co-Collateral Agents or the Requisite Lenders of such default; or
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (REV Group, Inc.)
Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance or compliance with any term contained in Section 5.1(a), Section 5.1(b), Section 5.1(c), or Section 5.1(d) and such default shall not have been remedied or waived within five Business Days or (y) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than any such term referred to in any other provision paragraph of this Section 8.1, and such default shall not have been remedied or waived within 30 thirty days (or, in the case of a default in the performance of covenants set forth in Sections 5.1(a), 5.1(b) or 5.1(c), five Business Days) after the earlier of (i) an Authorized Officer officer of any such Credit Party becoming aware has Knowledge of such default or (ii) receipt by the Borrower of notice from the Administrative Agent or the Requisite Lenders any Lender of such default; or
Appears in 1 contract
Samples: Restructuring Agreement (Ener1 Inc)
Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance or compliance with any term contained in Section 5.1(a), Section 5.1(b), Section 5.1(c), or Section 5.1(d) and such default shall not have been remedied or waived within five Business Days or (y) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than any such term referred to in any other provision Section of this Section 8.1, and such default shall not have been remedied or waived within 30 thirty days (or, in the case of a default in the performance of or compliance with Section 5.1(e), Section 5.1(l) through 5.1(r)(i), Section 5.3, Section 5.4, Section 5.8, Section 5.9, Section 5.10, Section 5.12, ten (10) days) after the earlier of (i) an Authorized Officer officer of any Credit Party becoming aware of such default default, or (ii) receipt by the Borrower Company of notice from the Administrative Agent or the Requisite Lenders of such default; or
Appears in 1 contract
Samples: Credit and Guaranty Agreement (AvidXchange Holdings, Inc.)
Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance of or compliance with any term contained in (i) Section 5.1(a), Section 5.1(b), Section 5.1(c), or Section 5.1(d) 5.1 and such default shall not have been remedied or waived within five Business Days (5) days following the due date for the delivery of the financial statements required therein or (yii) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than any such term referred to in any other provision clause of this Section 8.1, and such default shall not have been remedied or waived within 30 thirty (30) days after the earlier of (ix) an Authorized Officer officer of any such Credit Party becoming aware of such default default, or (iiy) receipt by the Borrower Company Agent of notice from the Administrative Agent or the Requisite Lenders any Lender of such default; or
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Newtek Business Services Corp.)
Other Defaults Under Credit Documents. Any Credit Party shall default (x) in the performance or compliance with any term contained in Section 5.1(a), Section 5.1(b), Section 5.1(c), or Section 5.1(d) and such default shall not have been remedied or waived within five Business Days or (y) in the performance of or compliance with any other term contained herein or any of the other Credit Documents, other than Section 5.21 or any such term referred to in any other provision Section of this Section 8.1, and such default shall not have been remedied or waived within 30 thirty (30) days (or, in the case of Section 5.1(m)(i), ten (10) days) after the earlier of (i) an Authorized Officer of any Credit Party Parent Borrower or the Restricted Subsidiaries becoming aware of such default or (ii) receipt by the any Borrower of notice from the Administrative any Agent or the Requisite Lenders any Lender of such default; or
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (CommScope Holding Company, Inc.)