Common use of Event of Default or Default Clause in Contracts

Event of Default or Default. under Section 8.1(c) as a result of the Company’s failure to provide forecasts demonstrating projected compliance with the requirements of Section 6.8 through the final maturity date of the Loans as required pursuant to Section 5.1(i)(iii) of the Credit Agreement within forty-five (45) days following the first Business Day of Fiscal Year 2008; and

Appears in 2 contracts

Sources: Forbearance Agreement, Forbearance Agreement and Consent, Waiver and Amendment No. 1 to First Lien Credit and Guaranty Agreement (X Rite Inc)

Event of Default or Default. under Section 8.1(c) as a result of the CompanyBorrower’s failure to provide forecasts demonstrating projected compliance with the requirements of Section 6.8 through the final maturity date of the Loans as required pursuant to Section 5.1(i)(iii) of the Credit Agreement within forty-forty five (45) days following the first Business Day of Fiscal Year 2008; and

Appears in 1 contract

Sources: Forbearance Agreement and Consent, Waiver and Amendment (X Rite Inc)