Events of Default Clause Example with 5 Variations from Business Contracts

Events of Default. The occurrence of any of the following shall constitute an "Event of Default" under this Agreement: (a) any default in the payment or performance of any obligation, or any defined event of default, under (i) any contract or instrument evidencing any Indebtedness, or (ii) any other agreement between Debtor Pledgor and Bank, Lender, including without limitation any loan agreement, relating to or executed in connection with any Indebtedness; (b) any representation or warranty made by Debtor Pledgor... herein shall prove to be incorrect, false or misleading in any material respect when made; (c) Debtor Pledgor shall fail to observe or perform any obligation or agreement contained herein; herein and the same shall not have been cured within five (5) business days of Debtor being informed of such default; (d) any impairment of the rights of Bank Lender in any Collateral or Proceeds, or any lien, attachment or like levy on any property of Debtor; Pledgor except as otherwise permitted pursuant to the Loan Agreement; and (e) Bank, Lender, in good faith, believes any or all of the Collateral and/or Proceeds to be in danger of misuse, dissipation, commingling, loss, theft, damage or destruction, or otherwise in jeopardy or unsatisfactory in character or value. View More

Events of Default. The occurrence of any of the following shall constitute an "Event of Default" under this Agreement: (a) any Event of Default under and as defined in the Credit Agreement, (b) any other default in the payment or performance of any obligation, or any defined event of default, under (i) any contract or instrument evidencing any Indebtedness, or Indebtedness secured hereby, (ii) any other agreement between Debtor and Bank, including without limitation any loan agreement, relating to or executed in c...onnection with any Indebtedness; (b) Indebtedness secured hereby, or (iii) any control, custodial or other similar agreement in effect among Bank, Debtor and Intermediary relating to the Collateral; (c) any representation or warranty made by Debtor herein shall prove to be incorrect, false or misleading in any material respect when made; (c) (d) Debtor shall fail to observe or perform any obligation or agreement contained herein; (d) (e) any impairment of the rights of Bank in any Collateral or Proceeds, or any attachment or like levy on any property of Debtor; Collateral or Proceeds; and (e) (f) Bank, in good faith, believes any or all of the Collateral and/or Proceeds to be in danger of misuse, dissipation, commingling, loss, theft, damage or destruction, or otherwise in jeopardy or unsatisfactory in character or value. jeopardy. View More

Events of Default. The occurrence of any of the following shall constitute an "Event of Default" under this Agreement: (a) any default in the payment or performance of any obligation, or any defined event of default, under (i) any contract or instrument evidencing any Indebtedness, or (ii) any other agreement between Debtor and Bank, including without limitation any loan agreement, relating to or executed in connection with any Indebtedness; (b) any representation or warranty made by Debtor herein shall prove to b...e incorrect, false or misleading in any material respect when made; (c) Debtor shall fail to observe or perform any obligation or agreement contained herein; (d) any impairment of the rights of Bank in any Collateral or Proceeds, or any attachment or like levy on 5 WBD (US) 46762908v5 any property of Debtor; and (e) Bank, in good faith, believes any or all of the Collateral and/or Proceeds to be in danger of misuse, dissipation, commingling, loss, theft, damage or destruction, or otherwise in jeopardy or unsatisfactory in character or value. View More

Events of Default. The occurrence of any of the following shall constitute an "Event of Default" under this Agreement: (a) any default in the payment or performance of any obligation, or any defined event of default, under (i) any contract or instrument evidencing any Indebtedness, or (ii) any other agreement between Debtor and Bank, Lender, including without limitation the Loan Agreement or any other loan agreement, relating to or executed in connection with any Indebtedness; (b) any representation or warranty ma...de by Debtor herein shall prove to be incorrect, false or misleading in any material respect when made; (c) Debtor shall fail to observe or perform any obligation or agreement contained herein; herein and the same shall not have been cured within five (5) business days of Debtor being informed of such default; (d) any impairment of the rights of Bank Lender in any Collateral or Proceeds, or any attachment or like levy on any property of Debtor; Debtor except as otherwise permitted pursuant to the Loan Agreement; and (e) Bank, Lender, in good faith, believes any or all of the Collateral and/or Proceeds to be in danger of misuse, dissipation, commingling, loss, theft, damage or destruction, or otherwise in jeopardy or unsatisfactory in character or value. View More

Events of Default. The occurrence of any of the following shall constitute an "Event of Default" under this Agreement: (a) any default in the payment or performance of any obligation, or any defined event of default, under (i) any contract or instrument evidencing any Indebtedness, or (ii) any other agreement between Debtor Borrower and Bank, including without limitation any loan agreement, relating to or executed in connection with any Indebtedness; (b) any representation or warranty made by Debtor Owner herein s...hall prove to be incorrect, false or misleading incorrect in any material respect when made; (c) Debtor Owner shall fail to observe or perform any obligation or agreement contained herein; (d) any impairment of the rights of Bank in any Collateral or Proceeds, or any attachment or like levy on any property of Debtor; Owner; and (e) Bank, in good faith, believes any or all of the Collateral and/or Proceeds to be in danger of misuse, dissipation, commingling, loss, theft, damage or destruction, or otherwise in jeopardy or unsatisfactory in character or value. View More