Common use of Events of Default, Etc Clause in Contracts

Events of Default, Etc. promptly upon any officer of Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or change, that individually or in the aggregate could reasonably expect to have a Material Adverse Effect, an Officer’s Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer of Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender the Agent has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower COPT or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) Article 7 of any condition or event that would be required constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to be disclosed in a current report filed by Borrower any Indebtedness of COPT and its Subsidiaries (other than the Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of respect thereto has given any notice or taken any other action with respect to such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation condition or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000event, or (gd) of the occurrence of any event or changechange that has had, that or could reasonably be expected to have, either individually or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Officers' Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower has the Loan Parties have taken, is are taking and proposes propose to take with respect thereto;

Events of Default, Etc. promptly upon any officer of CapStar or the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that the Agent or any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower CapStar or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.28.1B, 8.1C, 8.1D, 8.1E, 8.1F, 8.1H or 8.1I, (c) of any condition or event that constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to any Indebtedness (other than the Indebtedness hereunder), any Pool B Obligation or any Related Document (if, with respect to such Related Document, the occurrence of a default, a potential event of default or an event of default could reasonably be expected to result in a loss or liability to a Loan Party or any of its Subsidiaries of more than $1,000,000), or becoming aware that any agent, trustee, lender or security holder with respect thereto has given any notice or taken any other action with respect to such condition or event, (d) of any condition or event that would be required to be disclosed in a current report filed by Borrower CapStar with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower CapStar were required to file such reports under the Exchange Act, (de) that there has commenced, or is intended to be commenced, a Major Renovation/Restoration of any resignation Property with respect to which a Notice of Renovation/Restoration shall not previously have been delivered to the Agent or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or changechange that has had, that or could reasonably be expected to have, either individually or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Officers' Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action CapStar and the Borrower has have taken, is are taking and proposes propose to take with respect thereto;

Events of Default, Etc. promptly Promptly upon any officer of Borrower or Parent or of any senior officer of any other Credit Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender has given any notice (other than to Borrower Administrative Agent) or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) of any condition or event that constitutes an event of default under the Parent Sub Debt Documents, or becoming aware that Ares Capital Corporation or any holder of the Parent Subordinated Debt has given any notice or taken any other action with respect to a claimed default under the Parent Sub Debt Documents, (c) that any Person has given any notice to Borrower or any of its Subsidiaries Credit Party or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or changechange that has caused or evidences, or that individually could reasonably be expected to cause or evidence, either in any case or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower such Credit Party has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer Officer of Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or change, that individually or in the aggregate could reasonably expect to have a Material Adverse Effect, an Officer’s Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly Promptly upon any officer of Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) of any condition or event that constitutes an event of default under the Opco Credit Documents, or becoming aware that the administrative agent under the Opco Credit Agreement or any holder of debt issued under the Opco Credit Agreement has given any notice or taken any other action with respect to a claimed default under the Opco Credit Documents, (c) that any Person has given any notice to Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000Section 7.2, or (gd) of the occurrence of any event or changechange that has caused or evidences, or that individually could reasonably be expected to cause or evidence, either in any case or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer Officer of Borrower any Obligor obtaining knowledge (aA) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware (B) that any Lender creditor has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower or any of its Subsidiaries Obligor or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2Section 7.1(b), (cC) of any condition or event that would be required to be disclosed in a current report filed by Borrower an Obligor with the Securities and Exchange Commission SEC on Form 8-K (Items 1, 2, 4, 5 and 6 of if such Form as in effect on the date hereof) if Borrower Person were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (gD) of the occurrence of any event or changechange that has had, that individually or in the aggregate could would reasonably expect be expected to have have, a Material Adverse Effect, or (E) of any condition or event that constitutes a default or an event of default (or any condition with which the passing of time or the giving of notice or both would, unless cured or waived, become a default or event of default) under any material Contractual Obligation (including, without limitation, the Air Mobility Command Agreement), an Officer’s Certificate specifying the nature and period of existence of such Default, Event of Default, condition, event or changechange (including with respect to notices under clause (A) of this Section 5.1(b)(v), specific references to all provisions of the Loan Documents under which the Default or Event of Default has occurred) or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower or other applicable Obligor has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer of Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender Agent has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower COPT or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) Article 7 of any condition or event that would be required constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to be disclosed in a current report filed by Borrower any Indebtedness of COPT and its Subsidiaries (other than the Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of respect thereto has given any notice or taken any other action with respect to such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation condition or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000event, or (gd) of the occurrence of any event or changechange that has had, that or could reasonably be expected to have, either individually or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Officers' Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action COPT and Borrower has have taken, is are taking and proposes propose to take with respect thereto;

Events of Default, Etc. promptly upon any officer of Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower Royale or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2Article 7 of any condition or event that constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to any Indebtedness of Royale and its Subsidiaries (other than the Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with respect thereto has given any notice or taken any other action with respect to such condition or event, (cd) of any condition or event that would be required to be disclosed in a current report filed by Borrower Royale with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower Royale were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or changechange that has had, that or could reasonably be expected to have, either individually or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Officers' Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Royale and Borrower has have taken, is are taking and proposes propose to take with respect thereto;

Events of Default, Etc. promptly upon upon, but in any event no later than two Business Days after, any officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of DefaultDefault under this Agreement, (b) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2Section 7(b) and (e), (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 4 and 5 and 6 of such Form as in effect on the date hereof) if the Borrower were required to file such reports a filing Person under the Exchange Act, rules thereof or (d) of any resignation condition or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual event which has had or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or change, that individually or in the aggregate could reasonably expect be expected to have a Material Adverse EffectEffect (which, for such purposes, shall be determined with respect to the Borrower individually), an Officer’s 's Certificate specifying the nature and period of existence of such condition, event condition or changeevent, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer Responsible Officer of the Borrower obtaining knowledge (aA) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware (B) that any Lender creditor has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2SECTION 7.1(B), (cC) unless provided pursuant to clause (iv) above, of any condition or event that would be is required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission SEC on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange ActK, (d) of any resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (gD) of the occurrence of any event or changechange that has had, that individually or in the aggregate could would reasonably expect be expected to have have, a Material Adverse Effect, or (E) of any condition or event that constitutes a default or an event of default (or any condition with which the passing of time or the giving of notice or both would, unless cured or waived, become a default or event of default) under any material Contractual Obligation, an Officer’s 's Certificate specifying the nature and period of existence of such Default, Event of Default, condition, event or changechange (including with respect to notices under clause (A) of this SECTION 5.1(B)(V), specific references to all provisions of the Loan Documents under which the Default or Event of Default has occurred) or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, as the case may be, and in any such case, what action the Borrower has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer of Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender the Agent has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower COPT or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) Article of any condition or event that would be required constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to be disclosed in a current report filed by Borrower any Indebtedness of COPT and its Subsidiaries (other than the Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of respect thereto has given any notice or taken any other action with respect to such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation condition or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000event, or (gd) of the occurrence of any event or changechange that has had, that or could reasonably be expected to have, either individually or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s Officers' Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower has the Loan Parties have taken, is are taking and proposes propose to take with respect thereto;

Events of Default, Etc. promptly upon any officer of Borrower ----------------------- obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower were required to file such reports under the Exchange Act, (d) of any resignation or dismissal of Borrower’s 's independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or change, that individually or in the aggregate could reasonably expect to have a Material Adverse Effect, an Officer’s 's Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower has taken, is taking and proposes to take with respect thereto;

Events of Default, Etc. promptly upon any officer of Borrower the Company obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that the Agent or any Lender has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Potential Event of Default, (b) that any Person has given any notice to Borrower or any of its Subsidiaries the Company or taken any other action with respect to a claimed default or event or condition of the type referred to in subsection 8.27.1B, 7.1C, 7.1D or 7.1E, (c) of any condition or event that constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under 102 114 or with respect to any Indebtedness in an aggregate principal amount of $1,000,000 or more (other than the Indebtedness hereunder), or any Related Document, or becoming aware that any agent, trustee, lender or security holder with respect thereto has given any notice or taken any other action with respect to such condition or event, (d) of any condition or event that would be required to be disclosed in a current report filed by Borrower the Company with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4, 5 and 6 of such Form as in effect on the date hereof) if Borrower the Company were required to file such reports under the Exchange Act, (de) that there has commenced, or is intended to be commenced, a Material Renovation/Restoration of any resignation Property with respect to which a written notice of renovation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, restoration shall not previously have been delivered to the Agent or (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event or changechange that has had, that or could reasonably be expected to have, either individually or in the aggregate could reasonably expect to have aggregate, a Material Adverse Effect, an Officer’s 's Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given or action taken by any such Person and the nature of such claimed Event of Default, Potential Event of Default, default, event or condition, and what action Borrower the Company has taken, is taking and proposes to take with respect thereto;