Defaults or Events of Default Sample Clauses

Defaults or Events of Default. Disclose nature and period of existence and action being taken in connection therewith; if none, write “None”:
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Defaults or Events of Default. Prompt written notice if there shall occur and be continuing a Default or an Event of Default; and
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Defaults or Events of Default. No Default or Event of Default shall exist, or would result from the entering into the Loan Documents and the other Transaction Documents.
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Defaults or Events of Default. No Default or Event of Default has occurred and is continuing.
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Defaults or Events of Default. The Borrower shall promptly give to the Agent Notice of the occurrence of any Default that lasts for more than five days or Event of Default known to the Borrower. If any Person shall give any notice or take any other action in respect of a claimed event of default (which event of default does not constitute a Default or Event of Default) under this Agreement or under any note, evidence of indebtedness, indenture or other obligation for borrowed money to which or with respect to which the Borrower or any of its Subsidiaries is a party or obligor, whether as principal or surety, and such event of default would permit the holder of such note or obligation or other evidence of indebtedness to accelerate the maturity thereof, which acceleration would reasonably be expected to have a material adverse effect on the Central Elements relative to the Borrower, the Borrower shall forthwith give Notice thereof to the Agent, describing the notice or action and the nature of the claimed event of default.
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Defaults or Events of Default. No Default or Event of Default shall exist, or would result from the funding to occur on such Delayed Funding Date.
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Defaults or Events of Default. Nothing contained in this Amendment shall be construed or interpreted or is intended as a waiver of or limitation on any rights, powers, privileges or remedies that Administrative Agent or the Lenders have or may have under the Credit Agreement or any other Loan Document on account of any Default or Event of Default.
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Related to Defaults or Events of Default

  • No Defaults or Events of Default (a) Since (the date of the last similar certification), and except as set forth in Appendix I, no Default or Event of Default has occurred.

  • Notification of Defaults and Events of Default Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

  • Waiver of Defaults and Events of Default (a) The Noteholders of a majority of the Note Balance of the Controlling Class may waive any Default or Event of Default, except an Event of Default (i) in the payment of principal of or interest on any of the Notes (other than an Event of Default relating to failure to pay principal due only by reason of acceleration) or (ii) in respect of a covenant or provision of this Indenture that cannot be amended, supplemented or modified without the consent of all Noteholders.

  • Notice of Defaults and Events of Default As soon as possible and in any event within ten (10) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

  • Events of Defaults If one or more of the following events ("Events of Default") shall have occurred and be continuing:

  • Waiver of Past Defaults and Events of Default Subject to Sections 6.02, 6.08 and 8.02, the Holders of a majority in aggregate principal amount of the Notes then outstanding have the right to waive any existing Default or compliance with any provision of this Indenture or the Notes. Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereto.

  • Events of Default Any of the following shall constitute an Event of Default:

  • Certain Events of Default The following Events of Default will apply to the parties as specified below, and the definition of “Event of Default” in Section 14 is deemed to be modified accordingly:

  • Other Events of Default Notwithstanding anything to the contrary herein, if the Company elects to pay Special Interest with respect to any Reporting Event of Default, the Company’s election will not affect the rights of the Holder with respect to any other Event of Default, including with respect to any other Reporting Event of Default; provided, that, for the avoidance of doubt, in no event will the Company be obligated to pay Special Interest at a rate greater than 0.50% per annum on the principal amount of this Note.

  • No Events of Default No Event of Default has occurred and is continuing nor has any event occurred which, with the giving of notice or the passage of time, or both, would constitute an Event of Default.

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