Non-Performance of Covenants Sample Clauses
The Non-Performance of Covenants clause defines the consequences and remedies available when a party fails to fulfill its contractual promises or obligations. Typically, this clause outlines the steps the non-breaching party may take, such as providing notice of the breach, allowing a cure period, or seeking damages or termination if the breach is not remedied. Its core function is to ensure accountability and provide a clear process for addressing failures to perform, thereby protecting the interests of both parties and reducing uncertainty in the event of non-compliance.
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Non-Performance of Covenants. If the Borrower/s (or any of them) fail to perform or observe any covenant or condition or warranties under this Agreement and / or the other Transaction Documents.
Non-Performance of Covenants. The failure of Borrower or any Obligated Party to timely and properly observe, keep or perform any covenant, agreement, warranty or condition required herein or in any of the other Loan Documents; or
Non-Performance of Covenants. The Company shall default in the due observance or performance of any covenant set forth herein, which default shall continue uncured for thirty (30) days after notice thereof.
Non-Performance of Covenants. The failure of Debtor or any Obligated Party to timely and properly observe, keep or perform any covenant, agreement, warranty or condition required herein or in any of the other Loan Documents and such failure shall not be cured within ten (10) days after Debtor shall have received written notice of such failure from Second Party; or
Non-Performance of Covenants. The failure of Pledgor to timely and properly observe, keep or perform any covenant, agreement, warranty or condition required herein or in any of the other Loan Documents; or
Non-Performance of Covenants. The failure of Pledgor or any Obligated Party to timely and properly observe, keep or perform any covenant, agreement, warranty or condition required herein or in any other Loan Documents, to the extent such Default shall not have been remedied or waived within 30 days after the earlier of the knowledge of any officer of the Pledgor of such breach or failure and the date the Secured Party gives Pledgor written notice of the Default; or
Non-Performance of Covenants. Any of the Obligors shall breach any covenant or agreement made herein in any of the other Loan Documents or in any other agreement now or hereafter entered into between any of the Obligors and ▇▇▇▇▇▇▇▇▇.
Non-Performance of Covenants. Borrower shall default in the due performance of any covenant or agreement contained herein and such default shall continue unremedied for a period of thirty (30) days after written notice thereof shall have been given to Borrower by Lender.
Non-Performance of Covenants. Debtor shall breach any covenant or agreement made herein, in any of the Financing Documents or in any other agreement now or hereafter entered into between Debtor and Secured Party.
Non-Performance of Covenants. Borrower or Pledgor shall breach any covenant or agreement made herein, in any of the Financing Documents or in any other agreement now or hereafter entered into between Borrower or Pledgor and Secured Party.