Subordinated Debt Default. An event of default has occurred under the Seller Subordinated Debt, which default shall not have been cured or waived within any applicable grace period.
Appears in 8 contracts
Samples: Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc), Revolving Credit, Term Loan, Guaranty and Security Agreement (Dril-Quip Inc)
Subordinated Debt Default. An event of default has occurred shall occur under any of the Seller Subordinated DebtDebt Documents, which default shall not have been be cured or waived within any applicable grace period.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Zanett Inc)
