Common use of Material Notices Clause in Contracts

Material Notices. (i) The Borrowers shall promptly deliver, or cause to be delivered, copies of all notices given or received with respect to a default under any term or condition related to any Permitted Indebtedness of any Borrower, and shall notify Lender within five (5) Business Days of any event of default with respect to any such Permitted Indebtedness. (ii) The Borrowers shall promptly deliver to Lender copies of any and all notices of a material default or breach which is reasonably expected to result in a termination received with respect to any Material Agreement or any Material Lease.

Appears in 4 contracts

Samples: Loan and Security Agreement (Sba Communications Corp), Loan and Security Agreement (Global Signal Inc), Loan and Security Agreement (Global Signal Inc)

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Material Notices. (i) The Borrowers shall promptly deliver, or cause to be delivered, copies of all notices given or received with respect to a default under any term or condition related to any Permitted Indebtedness of any Borrower, and shall notify the Lender within five (5) Business Days of any event of default with respect to any such Permitted Indebtedness. (iii) The Borrowers shall promptly deliver to the Lender copies of any and all notices of a material default or breach which is reasonably expected to result in a termination received with respect to any Material Agreement or any Material Lease.

Appears in 1 contract

Samples: Loan and Security Agreement (Sba Communications Corp)

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Material Notices. (i) The Borrowers shall promptly deliver, or cause to be delivered, copies of all notices given or received with respect to a default under any term or condition related to any Permitted Indebtedness of any BorrowerBorrower which is likely to result in a Material Adverse Effect, and shall notify Lender within five (5) Business Days of any event of material default with respect to any such Permitted Indebtedness. (ii) The Borrowers shall promptly deliver to Lender copies of any and all notices of a material default or breach which is reasonably expected to result in a termination received with respect to any Material Agreement or any Material LeaseAgreement.

Appears in 1 contract

Samples: Loan and Security Agreement (American Tower Corp /Ma/)

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