Common use of Events of Default and Facility Amortization Event Clause in Contracts

Events of Default and Facility Amortization Event. The Borrower will provide the Administrative Agent, each Lender and the Backup Servicer with written notice promptly and in any event within three Business Days after a Responsible Officer of the Borrower obtains knowledge of the occurrence of each Event of Default, Unmatured Event of Default and Facility Amortization Event setting forth the details of such event and the action that the Borrower proposes to take with respect thereto.

Events of Default and Facility Amortization Event. The Borrower will provide the Administrative Agent, each Lender and the Backup Servicer with written notice promptly and in any event within three (3) Business Days after a Responsible Officer of the Borrower obtains knowledge of the occurrence of each an Event of Default, Unmatured Event of Default and or Facility Amortization Event setting forth forth, in each case, the details of such event and the action that the Borrower proposes to take with respect thereto.

Events of Default and Facility Amortization Event. The Borrower will provide the Administrative Agent, each Lender and the Backup Servicer with written notice promptly and in any event within three Business Days after a Responsible Officer of the Borrower obtains knowledge of the occurrence of each an Event of Default, Unmatured Event of Default and or Facility Amortization Event setting forth forth, in each case, the details of such event and the action that the Borrower proposes to take with respect thereto.

Events of Default and Facility Amortization Event. The Borrower will provide the Administrative Agent, each Lender and Lender, the Backup Servicer and the Image File Custodian with written notice promptly and in any event within three Business Days after a Responsible Officer of the Borrower obtains knowledge (or should have obtained knowledge) of the occurrence of each Event of Default, Unmatured Event of Default and Facility Amortization Event setting forth the details of such event and the action that the Borrower proposes to take with respect thereto.