Defaults and Events of Default Sample Clauses

Defaults and Events of Default. The Trustee shall not be required to take notice or be deemed to have notice of any Default, except failure of the Issuer to cause to be made any of the payments required to be made to the Trustee, unless the Trustee shall be specifically notified by a writing of such Default by the Issuer or by the Holders of at least 25% in aggregate principal amount of all Notes then outstanding delivered to the Corporate Trust Office of the Trustee and, in the absence of such notice so delivered, the Trustee may conclusively assume no Default exists.

Defaults and Events of Default. No Default or Event of Default shall have occurred and be continuing.

Defaults and Events of Default. The Collateral Agent shall not be required to inquire as to the occurrence or absence of any Default or Event of Default and shall not be affected by or required to act upon any notice or knowledge as to the occurrence of any Default or Event of Default unless and until it receives a Notice of Event of Default, or except as otherwise expressly provided herein.

Defaults and Events of Default. The occurrence of any Default or Event of Default; provided that the Borrowers will deliver such notice no more than three Business Days after any Responsible Officer or any other senior executive officer of any Loan Party becomes aware thereof;

Defaults and Events of Default. The occurrence of any Default or Event of Default; and

Defaults and Events of Default. It is understood and agreed that notwithstanding anything to the contrary herein, so long as the applicable Pricing Certificate was completed by the Borrower in good faith based on information reasonably available to the Borrower at the time that such calculation was made (as reasonably determined by the Administrative Agent), any Pricing Certificate Inaccuracy (and any consequences thereof) shall not constitute a Default or Event of Default or otherwise result in the failure of any condition precedent to any advance or the issuance of any Letter of Credit; provided, that, the Borrower will comply with the terms of this Section 2.12 with respect to such Pricing Certificate Inaccuracy. Notwithstanding anything to the contrary herein, unless such amounts shall be due upon the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under any Debtor Relief Law, (i) any additional amounts required to be paid pursuant to Section 2.12(d) shall not be due and payable until the date that is ten Business Days after a written demand is made for such payment by the Administrative Agent, (ii) any nonpayment of such additional amounts prior to the date that is ten Business Days after such written demand for payment by the Administrative Agent shall not constitute a Default or Event of Default or otherwise result in the failure of any condition precedent to any Advance or the issuance of any Letter of Credit (whether retroactively or otherwise), and (iii) none of such additional amounts shall be deemed overdue prior to such date that is ten Business Days after such written demand or shall accrue interest at the Default Rate pursuant to Sections 2.10(d) prior to such date that is ten Business Days after such written demand. For the avoidance of doubt and notwithstanding anything to the contrary herein, any Pricing Certificate Inaccuracy will not impact any representation or warranty made by the Borrower in any certificate or other document delivered in connection with this Agreement.

Defaults and Events of Default. No event or circumstance shall have occurred and be continuing, or would result from the Advances or the application of the proceeds thereof, which constitutes a Default or an Event of Default.

Defaults and Events of Default. No Default or Event of Default under the Loan Agreement shall have occurred and be continuing;

Defaults and Events of Default. After giving effect to this Amendment, no event shall have occurred and shall be continuing, or would result from, the transactions contemplated by this Amendment that constitutes a Default or an Event of Default.

Defaults and Events of Default. Each of the Company, the ------------------------------ Corporate Guarantor, the Guarantor and Xxxxxxxx X. Xxxxxxx agrees that no Event of Default and no Default has been waived or remedied by the execution of this Amendment by the Bank, and any Default or Event of Default heretofore arising and currently continuing shall continue after the execution and delivery hereof.