Third Party Default Sample Clauses

Third Party Default. There shall occur with respect to any Third Party or any Consolidated Subsidiary, including, without limitation, any Guarantor or Consolidated Subsidiary (i) any event described in Section 12.1(e), 12.1(f), 12.1(g), or 12.1(h); (ii) any pension default event such as described in Section 12.1(i) with respect to any pension plan maintained by such Third Party or such Consolidated Subsidiary; or (iii) any failure by Third Party or such Consolidated Subsidiary to perform in accordance with the terms of any agreement between such Third Party and Secured Party, or any default or event of default by such Third Party under any such agreement.

Third Party Default. There shall occur with respect to any Third Party, including, without limitation, any Restricted Subsidiary (i) any event described in Section 10.1(e), 10.1(f), 10.1(g), or 10.1(h); (ii) any pension default event such as described in Section 10.1(i) with respect to any pension plan maintained by such Third Party; or (iii) any breach by a Third Party of the terms of any agreement between such Third Party and Lenders.

Third Party Default. There shall occur with respect to any Third Party or any Consolidated Subsidiary, including, without limitation, any guarantor or Consolidated Subsidiary (i) any event described in Section 12.1(d), 12.1(e), 12.1(f) or 12.1(g), (ii) any pension default event such as described in Section 12.1(h) with respect to any pension plan maintained by Third Party or such Consolidated Subsidiary, or (iii) any failure by Third Party or such Consolidated to perform in accordance with the terms of any agreement between such Third Party and Secured Party.

Third Party Default. If the Borrower shall suffer a material default in the performance of any material agreement with any Person other than the Bank; or

Third Party Default. If Borrower shall suffer a default in the performance under any agreement with any other Person, other than Lender where such default involves a contractual liability of Borrower in excess of $100,000.00 and such default is not cured within any applicable notice and cure period under such agreement;

Third Party Default. The default by any third party in such party’s observance or performance of any material term, covenant, condition, warranty or representation made or agreed to in any agreement referred to herein that, in the Bank’s good faith business judgment, would adversely affect or lessen any of the rights granted to the Bank under this Agreement, or under any instruments, documents or agreements executed by Borrower in connection herewith;

Third Party Default. CARRIER acknowledges that SCN is acting as a licensed property broker, identifying and presenting business opportunities for CARRIER to provide freight transportation services. If, after CARRIER's provision of services hereunder, SCN's customer (i.e., the third party) ultimately responsible for the applicable freight charges does not pay them, (a) SCN may suspend payments to CARRIER in an amount equal to the outstanding freight charges, and (b) CARRIER at its sole cost and expense may proceed against SCN's customer for the amount outstanding.

Third Party Default. The occurrence of a default or breach of condition continuing beyond the expiration of any applicable notice and grace periods, if any, under the terms of any Third Party Agreement. THIRD PARTY OBLIGATIONS: Collectively, all indebtedness, covenants, liabilities, obligations, agreements and undertakings due to, or made for the benefit of, Lessor or any of the other Meditrust Entities by any entity (other than Lessee, the other TC Realty Parties and any other wholly-owned subsidiaries of the Pledgor) with respect to which the Guarantor holds an option to purchase the issued and outstanding capital stock of such entity or other applicable ownership interests in such entity; whether such indebtedness, covenants, liabilities, obligations, agreements and/or undertakings are direct or indirect, absolute or contingent, liquidated or unliquidated, due or to become due, joint, several or joint and several, primary or secondary, now existing or hereafter arising. THIRD PARTY PAYOR PROGRAMS: Collectively, all third party payor programs in which Lessee or any Sublessee presently or in the future may participate, including without limitation, Medicare, Medicaid, Champus, Blue Cross and/or Blue Shield, Managed Care Plans, other private insurance plans and employee assistance programs. THIRD PARTY PAYORS: Collectively, Medicare, Medicaid, Blue Cross and/or Blue Shield, private insurers and any other Person which presently or in the future maintains Third Party Payor Programs.

Third Party Default. CARRIER acknowledges that VEHI-SHIP is acting as a licensed property broker, identifying and presenting business opportunities for CARRIER to provide freight transportation services. If, after CARRIER's provision of services hereunder, VEHI-SHIP's customer (i.e., the third party) ultimately responsible for the applicable freight charges does not pay them, (a) VEHI-SHIP will not suspend payments to CARRIER in an amount equal to the outstanding freight charges.