Multiple notices; action without notice Sample Clauses
The "Multiple notices; action without notice" clause defines the rules regarding how many notices must be given before a party can take certain actions, and under what circumstances actions can be taken without prior notice. Typically, this clause outlines situations where repeated notifications are required, such as repeated breaches, or where immediate action is permitted, such as in emergencies or material breaches. Its core function is to balance fairness and efficiency by ensuring parties are adequately informed before significant steps are taken, while also allowing for swift action when necessary to protect interests or prevent harm.
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Multiple notices; action without notice. The Agent may serve notices under paragraphs (a) (i) and (ii) of Clause 19.2 simultaneously or on different dates and it and/or the Security Trustee may take any action referred to in that Clause if no such notice is served or simultaneously with or at any time after the service of both or either of such notices.
Multiple notices; action without notice. The Lender may serve notices under Clauses 18.2(a) and (b) simultaneously or on different dates and it may take any action referred to in Clause 18.2 if no such notice is served or simultaneously with or at any time after the service of both or either of such notices.
Multiple notices; action without notice. The Lender may serve notices under sub-Clauses (a) and (b) of Clause 9.2 (
Multiple notices; action without notice. The Bank may serve notices under Clause 9.2(a) and (b) simultaneously or on different dates and it may take any action referred to in that Clause if no such notice is served or simultaneously with or at any time after service of both or either of such notices.
Multiple notices; action without notice. The Lender may serve notices under Clause 9.2(a) and (b) simultaneously or on different dates and it may take any action referred to in that Clause if no such notice is served or simultaneously with or at any time after service of both or either of such notices, it being understood and agreed that the non-service of a notice in respect of an Event of Default hereunder, or under any of the Finance Documents (whether known to the Lender or not), shall not be construed to mean that the Event of Default shall cease to exist and bring about its lawful consequences.