Common use of Delivery of Termination Date Notices Clause in Contracts

Delivery of Termination Date Notices. Upon the occurrence of the Termination Date in respect of any Class of Secured Obligations, the Representative in respect of such Class of Secured Obligations shall deliver a written notice to the Representatives of the other Classes of Secured Obligations then outstanding stating that such Termination Date has occurred.

Appears in 3 contracts

Samples: Intercreditor Agreement (Vertex Energy Inc.), Intercreditor Agreement (Vertex Energy Inc.), Intercreditor Agreement (Vertex Energy Inc.)

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Delivery of Termination Date Notices. Upon the occurrence of the Termination Date in respect of any Class of Secured Obligations, the Representative in respect of such Class of Secured Obligations shall deliver a written notice to the Representatives of the other Classes of Secured Obligations then outstanding stating that such Termination Date has occurredoccurred to the satisfaction of the Secured Parties of such Class of Secured Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Philadelphia Energy Solutions Inc.)

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Delivery of Termination Date Notices. Upon the occurrence of the Termination Date in respect of any Class of Secured Obligations, the Representative in respect of such Class of Secured Obligations shall deliver a written notice to the Representatives Representative of the other Classes Class of Secured Obligations then outstanding stating that such Termination Date has occurred; provided, that the failure to so deliver any such notice shall not affect whether such Termination Date has occurred.

Appears in 1 contract

Samples: First Lien Intercreditor Agreement (Roundy's, Inc.)

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