Common use of Default in Other Covenants Clause in Contracts

Default in Other Covenants. if, other than in respect of covenants contained in Section 8.02, or any covenant to pay, there is any default or failure in the observance or performance of any other act hereby, or pursuant to any other Loan Document, required to be done or any other covenant or condition hereby, or pursuant to any other Loan Document, required to be observed or performed, and the default or failure continues for fifteen (15) Business Days after notice by the Administrative Agent to either Borrower, Kingsway America or any of their Subsidiaries, as applicable, specifying such default or failure;

Appears in 1 contract

Sources: Credit Agreement (Kingsway Financial Services Inc)

Default in Other Covenants. if, other than in respect of the covenants contained in Section 8.028.01(24), or any covenant to pay, there is any default or failure in the observance or performance of any other act hereby, or pursuant to any other Loan Document, hereby required to be done or any other covenant or condition hereby, or pursuant to any other Loan Document, hereby required to be observed or performed, and the default or failure continues for fifteen seven (157) Business Days after written notice by the Administrative Agent to either Borrower, Kingsway America or any of their Subsidiaries, as applicable, the Borrower specifying such default or failure;

Appears in 1 contract

Sources: Credit Facilities Agreement (Antares Pharma Inc)

Default in Other Covenants. if, other than in respect of covenants contained in Section 8.02, or any covenant to pay, there is any default or failure in the observance or performance of any other act hereby, or pursuant to any other Loan Document, required to be done or any other covenant or condition hereby, or pursuant to any other Loan Document, required to be observed or performedperformed under this Agreement or the Security, and the default or failure continues for fifteen five (155) Business Days after written notice by the Administrative Agent Lender to either Borrower, Kingsway America or any of their Subsidiaries, as applicable, the Borrower specifying such default or failure;

Appears in 1 contract

Sources: Credit Facility Agreement (Diligent Board Member Services, Inc.)