Performance Under. This Agreement: The Debtor shall fail in any material respect to perform or observe any term, covenant or agreement contained in this Security Agreement or in any document, instrument or agreement relating to this Agreement and any such failure shall continue unremedied for more than 30 days after written notice from the Bank to the Borrower of the existence and character of such Event of Default.
Appears in 2 contracts
Samples: Security Agreement (Alphatec Holdings, Inc.), Security Agreement (Alphatec Holdings, Inc.)
Performance Under. This Agreement: The Debtor shall fail in any material respect to perform or observe any term, covenant or agreement contained in this Security Agreement or in any document, instrument or agreement relating to this Agreement and any such failure shall continue unremedied for more than 30 days after written notice from the Bank to the Borrower Borrower(s) of the existence and character of such Event of Default.
Appears in 2 contracts
Samples: Security Agreement (Biolase Technology Inc), Security Agreement (Alphatec Holdings, Inc.)
Performance Under. This Agreement: The Debtor shall fail in any material respect to perform or observe any term, covenant or agreement contained in this Security Agreement or in any document, instrument or agreement relating to this Agreement and any such failure shall continue unremedied for more than 30 days after written notice from the Bank to the Borrower of the existence and character of such Event of Defaultoccurrence thereof.
Appears in 1 contract