Common use of Performance of Obligations; Notice of Default Clause in Contracts

Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Loan Documents and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent notice of the occurrence of any Unmatured Default or of any event that would constitute a Material Adverse Occurrence.

Appears in 2 contracts

Samples: Construction Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.), Construction Loan and Security Agreement (Campus Crest Communities, Inc.)

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Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Loan Documents and all other documents and instruments relating thereto and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent Lender notice of the occurrence of any Unmatured Default or of any event that would constitute could have a Material Adverse Occurrencematerial adverse effect on any security for the Loan or on Borrower's ability to perform its obligations under this Agreement or any of the other Loan Documents.

Appears in 2 contracts

Samples: Loan Agreement (Heartland Partners L P), Construction Loan Agreement (Heartland Partners L P)

Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Loan Documents and all other documents and instruments relating thereto and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent Lender notice of the occurrence of any Unmatured Default or of any event that would constitute could have a Material Adverse Occurrencematerial adverse effect on any security for the Loans or on Borrower's ability to perform its obligations under this Agreement or any of the other Loan Documents.

Appears in 1 contract

Samples: Construction Loan Agreement (Heartland Partners L P)

Performance of Obligations; Notice of Default. Borrower shall -------------------------------------------------- promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Loan Documents and all other documents and instruments relating thereto and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent Lender notice of the occurrence of any Unmatured Default or of any event that would constitute could have a Material Adverse Occurrencematerial adverse effect on any security for the Loan or on Borrower's ability to perform its obligations under this Agreement or any of the other Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Centiv Inc)

Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Term Loan Documents and all other documents and instruments relating thereto and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent Lender notice of the occurrence of any Unmatured Default or of any event that would constitute could have a Material Adverse Occurrencematerial adverse effect on any security for the Term Loan or on Borrower’s ability to perform its obligations under this Agreement or any of the other Term Loan Documents.

Appears in 1 contract

Samples: Term Loan and Security Agreement (SRAX, Inc.)

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Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Loan Documents and all other documents and instruments relating thereto and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent Lender notice of the occurrence of any Unmatured Default or of any event that would constitute could have a Material Adverse Occurrencematerial adverse effect on any security for the Loan or on Borrower’s ability to perform its obligations under this Agreement or any of the other Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Isun, Inc.)

Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all respects with the obligations, terms, agreements, provisions and requirements of this Agreement and the other Loan Documents and all other documents and instruments relating thereto and will not permit to occur any default or breach hereunder or thereunder. Borrower shall promptly give to Administrative Agent Lender notice of the occurrence of any Unmatured Default default or of any event that would constitute could have a Material Adverse Occurrencematerial adverse effect on any security for the Loans or on Borrower's ability to perform its obligations under this Agreement or any of the other Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (MVC Capital, Inc.)

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