Common use of Default under this Agreement Clause in Contracts

Default under this Agreement. Should the Borrower violate or fail to comply fully with any of the terms and conditions of, or default under, this Agreement, and such default not be cured within thirty (30) days of the occurrence thereof (provided, however, that no cure period shall be available for a default in the obligation to maintain insurance coverages required hereby).

Appears in 3 contracts

Sources: Credit Agreement (Carrizo Oil & Gas Inc), Credit Agreement (Carrizo Oil & Gas Inc), Credit Agreement (Carrizo Oil & Gas Inc)

Default under this Agreement. Should the Borrower violate or fail to comply fully with any of the terms and conditions of, or default under, this Agreement, and such default not be cured within thirty (30) ten days of the occurrence thereof (provided, however, that no cure period shall be available for a default in the obligation to maintain insurance coverages required hereby).

Appears in 1 contract

Sources: Loan Agreement (Omni Energy Services Corp)

Default under this Agreement. Should the Borrower violate or fail to comply fully with any of the terms and conditions of, or default under, this Agreement, and such default not be cured within thirty (30) 30 days of the occurrence thereof (thereof; provided, however, that no the cure period shall be available for a default in the obligation to maintain insurance coverages required hereby)hereby shall be 10 days.

Appears in 1 contract

Sources: Second Lien Credit Agreement (Carrizo Oil & Gas Inc)