Common use of Knowledge of Default Clause in Contracts

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless Agent has been notified by a Bank in writing that such Bank believes that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuingoccurred, unless Agent has been notified by Borrower pursuant to Section 5.15 hereof or by a Bank in writing that such Bank believes that an Unmatured Event of a Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that Agent Agents shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless Agent Agents has been notified by a Bank in writing that such Bank believes that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuingoccurred, unless Agent has been notified by Borrower pursuant to Section 5.14 hereof or by a Bank in writing that such Bank believes that an Unmatured Event of a Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that the Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless the officers of the Agent has who are responsible for matters concerning this Agreement shall have actual knowledge of such occurrence or shall have been notified in writing by a Bank in writing that such Bank believes considers that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof. In the event the Agent shall have acquired actual knowledge of any Event of Default, it shall promptly give notice thereof to the Banks.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless Agent has been notified by a Bank or a Company in writing that such Bank or Company, as the case may be, believes that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuingoccurred, unless Agent has been notified by a Bank in writing that such Bank believes that an Unmatured Event of a Default or Event of Default has occurred and is continuing and specifying the nature thereofthereof or has been notified by Borrower pursuant to Section 5.14 hereof.

Knowledge of Default. It is expressly understood and agreed that the Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless the officers of the Agent has immediately responsible for matters concerning this Agreement shall have actual knowledge of such occurrence or shall have been notified by a Bank in writing by any Bank that such Bank believes considers that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof. In the event that the Agent shall have acquired actual knowledge of any Event of Default, it shall promptly give notice thereof to the Banks.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless Agent has been notified by a Bank in writing that such Bank believes that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood --------------------- and agreed that the Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless the offices of the Agent has who are responsible for matters concerning this Agreement shall have actual knowledge of such occurrence or shall have been notified in writing by a Bank in writing that such Bank believes considers that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof. In the event the Agent shall have acquired actual knowledge of any Event of Default, it shall promptly give notice thereof to the Banks.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuingContinuing, unless Agent has been notified by a Bank or a Company in writing that such Bank or Company believes that an Unmatured Event of Default or Event of Default has occurred and is continuing Continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless Agent has been notified by a Bank in writing that such Bank believes that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof.has

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuing, unless Agent has been notified by a Bank or Borrower in writing that such Bank or Borrower, as the case may be, believes that an Unmatured Event of Default or Event of Default has occurred and is continuing and specifying the nature thereof.

Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Unmatured Event of Default or Event of Default has occurred and is continuingoccurred, unless Agent has been notified by a Bank in writing that such Bank believes that an Unmatured Event of a Default or Event of Default has occurred and is continuing and specifying the nature thereof.