Common use of Forbearance Defaults Clause in Contracts

Forbearance Defaults. Each of the following shall constitute a Forbearance Default: (a) the existence of any Event of Default (other than a Designated Default) under the Documents or the documents governing the China Loans; (b) Borrower shall fail to keep or perform any of the terms, obligations, covenants or agreements contained herein; or (c) any representation or warranty of Borrower herein shall be false, misleading or incorrect in any material respect.