(b) Breach of Obligation: the Borrower fails to observe or perform any of its obligations under this Agreement or under any undertaking, covenant or arrangement entered into in connection therewith, other than an obligation of the type referred to in Clause 12(a) and, in the case of a failure capable of being remedied, the Lender do not determine, within 30 days after the Borrower became aware of the failure, that it has been remedied to the Lender’s satisfaction;