Common use of Contractual Obligations Clause in Contracts

Contractual Obligations. Promptly (and in any event within ten (10) days) after any Responsible Officer knows of the occurrence of any default or event of default under any Contractual Obligation of any Credit Party which would reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Debt Support Credit Agreement (Railworks Corp), Debt Agreement (Railworks Corp), Debt Agreement (Railworks Corp)

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Contractual Obligations. Promptly (and in any event within ten (10) daysBusiness Days) after any Responsible Officer knows has knowledge of the occurrence of any default or event of default under any Contractual Obligation of any Credit Party member of the Consolidated Group which would reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Advance America, Cash Advance Centers, Inc.), Credit Agreement (Advance America, Cash Advance Centers, Inc.), Credit Agreement (Advance America, Cash Advance Centers, Inc.)

Contractual Obligations. Promptly (and in any event within ten (10) daysBusiness Days) after any Responsible Officer knows or has reason to know of the occurrence of any default or event of default under any Contractual Obligation of any Credit Party member of the Consolidated Group which would reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Railworks Corp), Credit Agreement (Railworks Corp), Credit Agreement (Railworks Corp)

Contractual Obligations. Promptly (and in any event within ten (10) days) after any Responsible Officer knows of the occurrence of any default or event of default under any post-petition Contractual Obligation of any Credit Party which would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Debtor in Possession Financing Agreement (Railworks Corp), Debtor in Possession Financing Agreement (Railworks Corp)

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Contractual Obligations. Promptly (and in any event within ten (10) days) after any Responsible Officer knows of the occurrence of any default or event of default under any Contractual Obligation of any Credit Party member of the Consolidated Group occurring after the Filing Date which would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Transit Debtor in Possession Bond Facility (Railworks Corp)

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