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 material 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 Lender notice of the occurrence of any Unmatured Default or of any event that could have a material 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 or on the Guarantor’s ability to perform his, her or its obligations under the Guaranty and the other Loan Documents to which Guarantor is a party.

Performance of Obligations; Notice of Default. Borrower shall promptly and fully perform and comply in all material 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 Lender notice of the occurrence of any Unmatured Default event which does or would with the passage of time or the giving of notice, or both, constitute an Event of Default, or have any event that could have a material adverse effect on any security for the Loan or on Borrower’s 's ability to perform its obligations under this Agreement or any of the other Loan Documents or on the Guarantor’s 's ability to perform his, her or its obligations under the Guaranty and the other Loan Documents to which Guarantor it is a party.

Performance of Obligations; Notice of Default. Each Borrower --------------------------------------------- shall promptly and fully perform and comply in all material 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 Borrowers shall promptly give to Lender notice of the occurrence of any Unmatured Default or of any event that could have a material adverse effect Material Adverse Effect on any security for the Loan or on any Borrower’s 's ability to perform its obligations under this Agreement or any of the other Loan Documents or on the Guarantor’s Guarantors' ability to perform his, her or its their obligations under the Guaranty and the other Loan Documents to which Guarantor is they are a party.