Common use of Failure of Performance of this Agreement Clause in Contracts

Failure of Performance of this Agreement. If any Borrower fails to perform or observe any covenant or agreement contained in this Agreement, other than any sums of money payable hereunder, and such failure remains unremedied for thirty (30) calendar days after the Bank shall have given written notice thereof to the Borrowers; or

Appears in 1 contract

Sources: Credit Agreement (Dpac Technologies Corp)

Failure of Performance of this Agreement. If any Borrower fails to perform or observe any covenant or agreement contained in this AgreementAgreement or any other Loan Document applicable to it, other than any sums of money payable hereunder, and such failure remains unremedied for thirty fifteen (3015) calendar days after the Bank shall have given written notice thereof to the BorrowersBorrower; or

Appears in 1 contract

Sources: Revolver Advance and Purpose and Ability Line of Credit Loan Agreement (Heartland Payment Systems Inc)