Common use of Default and Prepayment Notices Clause in Contracts

Default and Prepayment Notices. As soon as possible and in any event within two Business Days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the Chief Financial Officer or the Chief Accounting Officer of the Parent Guarantor setting forth details of such Default, event, development or occurrence and the action that the Parent Guarantor has taken and proposes to take with respect thereto.

Appears in 2 contracts

Samples: Credit Agreement (Boca Resorts Inc), Credit Agreement (Boca Resorts Inc)

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Default and Prepayment Notices. As soon as possible and in any event within two Business Days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the Chief Financial Officer or the Chief Accounting Officer chief financial officer of the Parent Guarantor setting forth details of such Default, event, development or occurrence and the action that the Parent Guarantor has taken and proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Wright Bilt Corp)

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Default and Prepayment Notices. As soon as possible and in any event within two Business Days after the occurrence of each Default or any event, development or occurrence reasonably likely to have a Material Adverse Effect continuing on the date of such statement, a statement of the Chief Financial Officer or the Chief Accounting Officer chief financial officer of the Parent Guarantor Borrower setting forth details of such Default, event, development or occurrence and the action that the Parent Guarantor Borrower has taken and proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Safety 1st Inc)

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