Common use of Subordinated Loan Default Clause in Contracts

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination Agreement, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination AgreementDocuments, which default shall not have been cured or waived within any applicable grace period;period or if any Person party to a Subordination Agreement breaches or violates, or attempts to terminate or challenge the validity of, such agreement.

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination AgreementDocuments, which default shall not have been cured or waived within any applicable grace period, or if any Person party to any Subordination Agreement breaches or violates, or attempts to terminate or challenge the validity of, such Subordination Agreement;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination Agreement, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation Documentation, the Subordinated Note or the Subordination Agreement, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination AgreementDocuments, which default shall not have been cured or waived within any applicable grace period;period or if any Person party to a Subordination Agreement breaches or violates, or attempts to terminate or challenge the validity of, such agreement.” (m) Section 15.17 is amended to read as follows:

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation Documents or the Subordination Agreement, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination AgreementDocumentation, which default shall not have been cured or waived within any applicable grace period;. (n) Section 15.9 of the Loan Agreement is deleted, and is replaced by a new Section 15.9 to read as follows:

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination AgreementDocumentation, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the any Subordinated Loan Documentation Note or the Subordination Agreement, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or either of the Subordination AgreementAgreements, which default shall not have been cured or waived within any applicable grace periodperiod and for which the applicable Subordinated Lender is permitted to take action under the applicable Subordination Agreement;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation Note or the Subordination Agreement, which default shall not have been cured or waived within any applicable grace period;

Subordinated Loan Default. An event of default has occurred under the Subordinated Loan Documentation or the Subordination Intercreditor Agreement, which default shall not have been cured or waived within any applicable grace period;