Common use of Defaults Hereunder Clause in Contracts

Defaults Hereunder. The breach of any representation, warranty or covenant contained herein or in any document executed in connection herewith, or the failure to serve or comply with any term or agreement contained herein shall constitute a Default or Event of Default

Appears in 1 contract

Sources: Loan and Security Agreement (Peoples Telephone Company Inc)

Defaults Hereunder. The breach of any representation, warranty warranty, or covenant contained herein or in any document executed in connection herewith, or the failure to serve observe or comply with any term or agreement contained herein or in any document executed in conjunction herewith, shall constitute a Default or an Event of DefaultDefault under the Loan Documents and the Lenders and the Agent shall be entitled to exercise all rights and remedies they may have under the Loan Agreement, any of the other Loan Documents, and applicable law.

Appears in 1 contract

Sources: Loan and Security Agreement (Opticare Health Systems Inc)

Defaults Hereunder. The breach of any representation, warranty or covenant contained herein or in any document executed in connection herewith, or the failure to serve observe or comply with any term or agreement contained herein or in any document executed in conjunction herewith, shall constitute a Default or an Event of DefaultDefault under the Loan Documents and Bank shall be entitled to exercise all rights and remedies it may have under the Loan Agreement, any of the other Loan Documents and applicable law.

Appears in 1 contract

Sources: Loan and Security Agreement (World Access Inc)

Defaults Hereunder. The breach of any representation, warranty or covenant contained herein or in any document executed in connection herewith, or the failure to serve observe or comply with any term or agreement contained herein or in any document executed in conjunction herewith, shall constitute a Default or an Event of DefaultDefault under the Documents and the Banks shall be entitled to exercise all rights and remedies it may have under the Agreement, any of the other Loan Documents and applicable law.

Appears in 1 contract

Sources: Loan and Security Agreement (Pilgrims Pride Corp)

Defaults Hereunder. The breach of any representation, warranty or covenant contained herein or in any document executed in connection herewith, or the failure to serve observe or comply with any term or agreement contained herein shall constitute a Default or an Event of DefaultDefault under the Credit Agreement, and the Lender shall be entitled to exercise all rights and remedies it may have under the Credit Agreement, any other documents executed in connection therewith and applicable law.

Appears in 1 contract

Sources: Credit Agreement (Communications Central Inc)