Common use of Reconveyance Under Certain Circumstances Clause in Contracts

Reconveyance Under Certain Circumstances. The Transferor agrees to accept the reconveyance from the Agent, on behalf of the Company and/or the Bank Investors, of the Transferred Interest if the Agent notifies Transferor of a material breach of any representation or warranty made or deemed made pursuant to Article III of this Agreement and Transferor shall fail to cure such breach within 30 days (or, in the case of the representations and warranties in Sections 3.1(d) and 3.1(j), 10 days) of such notice. The reconveyance price shall be paid by the Transferor to the Agent, for the account of the Company and the Bank Investors, as applicable, in immediately available funds on such 15th day (or 3rd day, if applicable) in an amount equal to the Aggregate Unpaids.

Reconveyance Under Certain Circumstances. The Transferor ---------------------------------------- agrees to accept the reconveyance from the Agent, on behalf of the Company and/or or the Bank Investors, Investors of the Transferred Interest if the Agent notifies the Transferor of a material breach of any representation or warranty made or deemed made pursuant to Article III of this Agreement and the Transferor shall fail to cure such breach within 30 15 days (or, in the case of the representations and warranties in Sections 3.1(d) and 3.1(j), 10 3 days) of such notice. The reconveyance price shall be paid by the Transferor to the Agent, for Company or the account of the Company and the Bank Investors, as applicable, Agent in immediately available funds on such 15th day (or 3rd day, if applicable) in an amount equal to the Aggregate Unpaids. ARTICLE I THE AGENT AND THE BANK COMMITMENT

Reconveyance Under Certain Circumstances. The Transferor agrees to accept the reconveyance recon- veyance from the Agent, on behalf of the Company and/or the Bank Investors, of the Transferred Interest if the Agent notifies Transferor of a material breach of any representation or warranty made or deemed made pursuant to Article III of this Agreement and Transferor shall fail to cure such breach within 30 15 days (or, in the case of the representations and warranties in Sections 3.1(d) and 3.1(j), 10 3 days) of such notice. The reconveyance price shall be paid by the Transferor to the Agent, for the account of the Company and the Bank Investors, as 0000000.05-01S7a 85 applicable, in immediately available funds on such 15th day (or 3rd day, if applicable) in an amount equal to the Aggregate Unpaids.. 0104420.05-01S7a 86

Reconveyance Under Certain Circumstances. The Transferor agrees to accept the reconveyance from the Agent, on behalf of the Company and/or the Bank Investors, of the Transferred Interest if the Agent notifies Transferor of a material breach of any representation or warranty made or deemed made pursuant to Article III of this Agreement and Transferor shall fail to cure such breach within 30 15 days (or, in the case of the representations and warranties in Sections 3.1(d) and 3.1(j), 10 3 days) of such notice. The reconveyance price shall be paid by the Transferor to the Agent, for the account of the Company and the Bank Investors, as applicable, in immediately available funds on such 15th day (or 3rd day, if applicable) in an amount equal to the Aggregate Unpaids.