Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 17 contracts
Samples: Loan and Security Agreement (Dynacq Healthcare Inc), Loan and Security Agreement (Rent a Wreck of America Inc), Loan Agreement (Whitman Education Group Inc)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 8 contracts
Samples: Loan Agreement, Loan and Security Agreement (Stockeryale Inc), Loan and Security Agreement (Stockeryale Inc)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 5 contracts
Samples: Letter Agreement (Lakeland Industries Inc), Term Loan and Security Agreement (Whitman Education Group Inc), Loan and Security Agreement (Data Conversion Laboratory)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) 10 Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 3 contracts
Samples: Note and Loan Agreement (Skymall Inc), Letter Agreement (Data Conversion Laboratory), Loan and Security Agreement (American Eco Corp)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Term WCMA Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) 10 Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 3 contracts
Samples: Loan and Security Agreement (DCC Compact Classics Inc), Wcma and Term Wcma Loan and Security Agreement Wcma and Term Wcma Loan and Security Agreement (U S Long Distance Corp), Loan and Security Agreement (Faro Technologies Inc)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Term WCMA Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cd Warehouse Inc), Duramed Pharmaceuticals Inc
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.,
Appears in 1 contract
Samples: Letter Agreement (Stockeryale Inc)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 1 contract
Samples: Lynch Term Loan and Security Agreement (Laser Pacific Media Corp)
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Term Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 1 contract
Samples: Telecomm Industries Corp
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Term Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 1 contract
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this SectionParagraph), and such default shall continue unremedied for ten (10) 10 Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 1 contract
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this SectionSection ), and such default shall continue unremedied for ten (10) Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 1 contract
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement Agreement, the Term WCMA Note or any of the other Additional Agreements (not constituting an Event of Default under any other clause of this Section), Paragraph) and such default shall continue unremedied for ten (10) 10 Business Days after written notice thereof shall have been given by MLBFS to Customer.
Appears in 1 contract
Failure to Perform. Customer or any Guarantor shall default in the performance or observance of any covenant or agreement on its part to be performed or observed under this Loan Agreement or any of the Additional Agreements (not constituting an Event of Default under any other clause of this Section), and such default shall continue unremedied for ten (10) 10 Business Days after written notice thereof shall have been given by MLBFS to Customer.,
Appears in 1 contract
