Common use of Failure to Comply with Obligations Clause in Contracts

Failure to Comply with Obligations. Such Onshore Borrower fails to comply with any of its obligations under this Agreement or any other Transaction Document (other than for the payment of the principal of, or interest on, the Loan or any other loan from IFC to the Onshore Borrower), and any such failure continues for a period of thirty (30) days after the date on which IFC notifies such Onshore Borrower of that failure;

Appears in 2 contracts

Sources: Loan Agreement (Chindex International Inc), Loan Agreement (Chindex International Inc)