Common use of Events of Default, Etc Clause in Contracts

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer Responsible Officer of any Credit Loan Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could would reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b8.1(b); or (3) any event or condition that could would reasonably be expected to result in any Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer Responsible Officer of any Credit Party Holdings or Borrower obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their respective Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their respective Subsidiaries has taken, is taking and proposes to take with respect thereto: thereto (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; , (2) any notice that any Person has given to any Borrower or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); 6.1(b) or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Holdings or any of its Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Holdings or any of their its Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower Holdings or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any Indebtedness of Holdings or any of its Subsidiaries in a principal amount in excess of $1,000,000.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representativethe Borrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their its Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b8.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Parent Borrower Representative or such Credit Party shall deliver copies of all notices given or received by such Credit Party Holdings, Parent Borrower or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeParent Borrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Parent Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, constitutes an Event of Default or Default; (2ii) any written notice that any Person has given to any Holdings, Parent Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3iii) any event or condition that could reasonably be expected expected, individually or in the aggregate, to result in any a Material Adverse Effect.

Events of Default, Etc. Promptly upon any executive officer of any Credit Party a ---------------------- Borrower obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative Borrowers shall (1) notify Agent, (2) deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and Agent a certificate of such Borrower Representative’s Borrowers' chief executive officer or chief financial officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers or any of their Subsidiaries has have taken, is are taking and proposes propose to take with respect theretothereto and (3) deliver copies of all notices given or received by a Borrower with respect to any such event or condition: (1a) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, constitutes an Event of Default or Default; (2b) any notice that any Person has given to any a Borrower or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(bsubsection 6.1(B); or (3c) any event or condition that could reasonably be expected to result in any Material Adverse EffectEffect or (4) any default or event of default under the Subordinated Loan Agreement.

Events of Default, Etc. Promptly upon any executive officer of any Credit Loan Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit any Loan Party or any of its their respective Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer, chief financial officer or such other officer as is reasonably acceptable to Administrative Agent, specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Loan Party or any of their Subsidiaries such Subsidiary has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, constitutes an Event of Default or Default; (2ii) any notice that any Person has given to any Borrower Loan Party or any of their respective Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(bSubsection 6.1(B); or (3iii) any event or condition that could reasonably be expected to result in any have a Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Credit Party or any of their Subsidiaries Subsidiary thereof has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2ii) any notice that any Person has given to any Borrower Credit Party or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3iii) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (iv) any default or event of default with respect to any Indebtedness of any Credit Party or any of its Subsidiaries.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative or such Credit Party shall deliver copies of all notices given or received by such Credit Party Holdings, Borrower or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2ii) any written notice that any Person has given to any Holdings, Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3iii) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (iv) any default or event of default with respect to any Indebtedness of Holdings, Borrower or any of their Subsidiaries.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive financial officer specifying the nature and period of existence of such event or condition and what action Holdings, Holdings Borrowers or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive financial officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Credit Party or any of their Subsidiaries Subsidiary thereof has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower Credit Party or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any material Indebtedness of any Credit Party or any of its Subsidiaries.

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable US Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such US Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action HoldingsUltimate Holdco, Borrowers or any any-of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected by such officer to result in the occurrence of, of an Event of Default or Default; (2) any notice that any Person has given to Ultimate Holdco, any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any Indebtedness of any Borrower or any of its Subsidiaries.