Common use of Notice of Termination Event Clause in Contracts

Notice of Termination Event. The Company shall give each of the Noteholders immediate written notice of the occurrence of any Termination Event.

Appears in 3 contracts

Samples: Standstill and Amendment Agreement (Seitel Inc), Standstill and Amendment Agreement (Seitel Inc), Forbearance and Amendment Agreement (Seitel Inc)

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Notice of Termination Event. The Company shall give each of the Noteholders immediate written notice of the occurrence of (a) any Termination EventEvent and (b) any Potential Default that has become an actual Event of Default. Delivery of such notices to the Noteholders' special counsel shall be deemed to comply with this provision.

Appears in 1 contract

Samples: Third Standstill and Amendment Agreement (Seitel Inc)

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