Common use of Particular Covenant Defaults Clause in Contracts

Particular Covenant Defaults. The Guarantor fails to perform or observe any covenant or agreement contained in Section 2.01 for a period of five Business Days after notification by the Credit Obligor of such failure;

Particular Covenant Defaults. The Guarantor fails to perform or observe any covenant or agreement contained in Section Sections 2.01 for a period of five Business Days after the earlier of (i) notification by the Credit Obligor Trustee or a Holder of such failure;failure or (ii) such other time as the Guarantor shall have actual knowledge thereof.