Common use of Breach of Specific Covenants Clause in Contracts

Breach of Specific Covenants. Borrower shall fail or neglect to perform, keep or observe any covenant contained in Sections 5.2 (Lien Protection; Further Assurances), 5.4 (Lien on Realty), 6.1.1 (Location of Collateral), 6.2 (Administration of Accounts), 8.1.1 (Visits and Inspections), 8.1.3 (Financial Statements), 8.2 (Negative Covenants) or 8.3 (Specific Financial Covenants) hereof on the date that Borrower is required to perform, keep or observe such covenant.

Appears in 2 contracts

Sources: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Houston Wire & Cable CO)

Breach of Specific Covenants. Any Borrower shall fail or neglect to perform, keep or observe any covenant contained in Sections Section or subsection 5.2 (Other Collateral), 5.3 (Lien ProtectionPerfection; Further Assurances), 5.4 (Lien on Realty), 6.1.1 (Location of Collateral), 6.2 6.1.2 (Administration Insurance of AccountsCollateral), 8.1.1 6.2.4 (Visits and InspectionsMaintenance of Dominion Account), 8.1.3 (Financial Statements), 8.2 (Negative Covenants) or 8.3 (Specific Financial Covenants) hereof on the date that Borrower is required to perform, keep or observe such covenant6.

Appears in 1 contract

Sources: Loan and Security Agreement (Rewards Network Inc)