Other Defaults Under Transaction Documents Sample Clauses

Other Defaults Under Transaction Documents. The Company or any Company Subsidiary defaults in the performance of or compliance with any material term contained in the Transaction Documents (other than occurrences described in other provisions of this Section 4.1 for which a different grace or cure period is specified or which constitute immediate Events of Default) and such default is not remedied or waived within thirty (30) days after the earlier of (i) receipt by the Company of notice of such default from Holders holding more than fifty percent (50%) of the aggregate outstanding principal amount of the Senior Notes; provided, however, that after payment in full of the Senior Subordinated Securities, Majority Holders shall mean Holders owning more than fifty percent (50%) of the Warrant Securities (the “Majority Holders”) or (ii) actual knowledge of an executive officer of the Company or any Company Subsidiary of such default; or
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Other Defaults Under Transaction Documents. Any Credit Party shall default in the performance of or compliance with any term contained herein or any of the other Transaction Documents, other than any such term referred to in any other paragraph of this Section 9, and such default shall not have been remedied or waived within 30 days after the earlier of (1) an officer of such Credit Party becoming aware of such default or (2) receipt by the Borrower of notice from the Administrative Agent or any Lender of such default; or
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Other Defaults Under Transaction Documents. (i) Any Company or any of its Subsidiaries shall fail to perform or comply with any term or provision (other than those referred to in Sections 11.1(a), 11.1(c) and 11.1(d)) contained in this Agreement or any of the other Transaction Document and such failure shall continue uncured (1) until the expiration of the applicable notice and cure period (if any) set forth in this Agreement or the applicable Transaction Document or (2) if there is no applicable notice and cure period set forth in this Agreement or the applicable Transaction Document, for a period of thirty (30) days after the earlier to occur of (x) the receipt of notice from the Purchaser to cure such default or (y) the date on which such default first becomes known to the Company (either such period described in clause (1) or (2), the "Cure Period"); provided that in no event shall a Cure Period apply in the case of any failure to observe any term, provision, condition, covenant or agreement which is not capable of being completely cured within the relevant time period designated for such Cure Period. (ii) Any Company or any of its Subsidiaries shall fail to perform or comply with any term or provision the Articles of Incorporation, the bylaws of such Company or such Subsidiary, any agreement between or among any of the holders of such Company’s or such Subsidiary’s Equity Interests, any other organizational document of such Company or such Subsidiary or any of the leases for the Premises and any such failure or compliance results in a Material Adverse Effect.
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Other Defaults Under Transaction Documents. Any default by the Guarantor or any Obligor in the observance and performance of or compliance with any covenant or agreement contained in this Indenture or the other Transaction Documents (other than a default described in another subsection of this Section 10.01) and such default is reasonably likely to cause a Material Adverse Effect and such default shall continue unremedied for a period of thirty (30) days after receipt by the Issuer of written notice from the Indenture Trustee of such default requiring such default to be remedied; provided, however, that if (i) the default is reasonably susceptible of cure but not within such period of thirty (30) days, (ii) the Guarantor or the applicable Obligor, as the case may be, has commenced the cure within such thirty (30) day period and has pursued such cure diligently, and (iii) the Guarantor or the applicable Obligors, as the case may be, delivers to the Indenture Trustee promptly following written demand (which demand may be made from time to time by the Indenture Trustee) evidence reasonably satisfactory to the Indenture Trustee of the foregoing, then such period shall be extended for so long as is reasonably necessary for the Guarantor or the applicable Obligor, as the case may be, in the exercise of due diligence to cure such default, but in no event beyond one hundred and twenty (120) days after the original notice of default, provided that the Guarantor or the applicable Obligor, as the case may be, continues to diligently and continuously pursue such cure;
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Other Defaults Under Transaction Documents. The Company defaults in the performance of or compliance with any material term contained in this Agreement or the other Transaction Documents (other than occurrences described in other provisions of this Section 7.1 for which a different grace or cure period is specified or which constitute immediate Events of Default) and such default would reasonably be expected to result in a Material Adverse Effect and such default is not remedied or waived within 30 days after receipt by the Company of notice from Majority Holders of such default; or
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Other Defaults Under Transaction Documents. The Seller defaults in the performance of or compliance with any material term contained in this Master Purchase Agreement (other than occurrences described in other provisions of this Section 8.01 for which a different grace or cure period is specified or which constitute immediate Events of Default) and such default is not remedied or waived within thirty (30) days after the earlier of (i) receipt by the Seller of notice of such default from the Majority Holders or (ii) actual knowledge of an executive officer of the Seller of such default; or
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Other Defaults Under Transaction Documents. A default shall occur in the performance of or compliance with any term contained in this Indenture (other than a default already described in another subsection of this Section 10.01) or the other Transaction Documents and such default is reasonably likely to have a Material Adverse Effect and such default is not fully cured within thirty (30) days after receipt by the Issuers of written notice from the Indenture Trustee of such default; provided, however, that if (i) the default is capable of cure but with diligence cannot be cured within such period of thirty (30) days, (ii) the Issuers (or the applicable Issuer) has commenced the cure within such thirty (30) day period and has pursued such cure diligently, and (iii) each Issuer delivers to the Indenture Trustee promptly following written demand (which demand may be made from time to time by the Indenture Trustee) evidence reasonably satisfactory to the Indenture Trustee of the foregoing, then such period shall be extended for so long as is reasonably necessary for the Issuers in the exercise of due diligence to cure such default, but in no event beyond one hundred and twenty (120) days after the original notice of default;
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Other Defaults Under Transaction Documents. Any Related Party defaults in the performance of or compliance with any material term contained in this Agreement or the other Transaction Documents (other than occurrences described in other provisions of this Section 7.1 for which a different grace or cure period is specified or which constitute immediate Events of Default) and such default is not remedied or waived within thirty (30) days after the earlier of (i) receipt by the Company of notice from Majority Holders of such default or (ii) actual knowledge of an executive officer of the Company or any other Related Party of such default; or
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Related to Other Defaults Under Transaction Documents

  • Other Defaults Under Loan Documents Any Loan Party shall default in the performance of or compliance with any term contained in this Agreement or any of the other Loan Documents, other than any such term referred to in any other subsection of this Section 8, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Officer of Company or such Loan Party becoming aware of such default or (ii) receipt by Company and such Loan Party of notice from Administrative Agent or any Lender of such default; or

  • Other Defaults Under Credit Documents Any Credit Party shall default in the performance of or compliance with any term contained herein or any of the other Credit Documents, other than any such term referred to in any other Section of this Section 8.1, and such default shall not have been remedied or waived within thirty days after the earlier of (i) an officer of such Credit Party becoming aware of such default or (ii) receipt by Borrower of notice from Administrative Agent or any Lender of such default; or

  • Descriptions of the Transaction Documents Each Transaction Document conforms in all material respects to the description thereof contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Other Transaction Documents Each representation and warranty made by the Servicer under each other Transaction Document to which it is a party (including, without limitation, the Purchase and Sale Agreement) is true and correct in all material respects as of the date when made.

  • Defaults Under Other Agreements With respect to any Indebtedness (other than Indebtedness of such Borrower outstanding under this Credit Agreement) of such Borrower or a Material Subsidiary of such Borrower in a principal amount in excess of $100,000,000, (i) such Borrower or a Material Subsidiary of such Borrower shall (A) default in any payment (beyond the applicable grace period with respect thereto, if any) with respect to any such Indebtedness, or (B) default (after giving effect to any applicable grace period) in the observance or performance of any covenant or agreement relating to such Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event or condition shall occur or condition exist, the effect of which default or other event or condition under (A) or (B) above is to cause, or permit, the holder or holders of such Indebtedness (or trustee or agent on behalf of such holders) to cause any such Indebtedness to become due prior to its stated maturity; or (ii) any such Indebtedness shall be declared due and payable, or required to be prepaid other than by a regularly scheduled required prepayment or mandatory redemption, prior to the stated maturity thereof; or (iii) any such Indebtedness matures and is not paid at maturity.

  • Description of the Transaction Documents The Transaction Documents will conform in all material respects to the respective statements relating thereto contained in the Offering Memorandum.

  • Amendments to Transaction Documents Without the consent of the Agent, amend, modify or otherwise change any of the terms or provisions of any Transaction Document other than (i) supplements identifying Solar Loans to be transferred in connection with each transfer of Solar Loans and the related Solar Assets from time to time in accordance with the Sale and Contribution Agreement or this Agreement, (ii) amendments, supplements or other changes in accordance with the terms of the applicable Transaction Document, and (iii) amendments, supplements or other changes with respect to exhibits and schedules to any Transaction Document that would not reasonably be expected to have a material adverse effect on the value, enforceability, or collectability of the Collateral or adversely affect Collections.

  • Compliance with Transaction Documents The Company shall comply with, observe and timely perform each and every one of the covenants, agreements and obligations under the Transaction Documents.

  • Effect on Transaction Documents Except as expressly set forth above, all of the terms and conditions of the Transaction Documents shall continue in full force and effect after the execution of this Agreement and shall not be in any way changed, modified or superseded by the terms set forth herein, including, but not limited to, any other obligations the Company may have to the Purchaser under the Transaction Documents. Notwithstanding the foregoing, this Agreement shall be deemed for all purposes as an amendment to any Transaction Document as required to serve the purposes hereof, and in the event of any conflict between the terms and provisions of the Debentures or any other Transaction Document, on the one hand, and the terms and provisions of this Agreement, on the other hand, the terms and provisions of this Agreement shall prevail.

  • Waiver of Past Defaults and Events of Default Subject to Sections 6.02, 6.08 and 8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right to waive any existing Default or compliance with any provision of this Indenture or the Notes. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereto.

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