Common use of Event of Default or Default Clause in Contracts

Event of Default or Default. under Section 8.1(e) as a result of the Company’s failure to sell the Existing Headquarters Asset pursuant to an Existing Headquarters Asset Sale as required under Section 5.23 of the Credit Agreement;

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(e) as a result of the CompanyBorrower’s failure to sell the Existing Headquarters Asset pursuant to an Existing Headquarters Asset Sale as required under Section 5.23 5.17 of the Credit Agreement;

Appears in 1 contract

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