Common use of Notice of Claimed Default Clause in Contracts

Notice of Claimed Default. immediately upon becoming aware that the holder of any evidence of indebtedness or other Security of the Company or any of its Subsidiaries shall have given notice or taken any other action with respect to a claimed event of default or default thereunder a written notice specifying the notice given or action taken by such holder and the nature of the claimed event of default or default and what action the Company is taking or proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Minerals Technologies Inc)

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Notice of Claimed Default. immediately promptly upon becoming aware that the holder of any Note or of any evidence of indebtedness or other Security of the Company or any of its Subsidiaries shall have Subsidiary has given notice or taken any other action with respect to a claimed event of default or default thereunder Event of Default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed event of default or default Event of Default and what action the Company or such Subsidiary is taking or proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (National Consumer Cooperative Bank /Dc/)

Notice of Claimed Default. immediately upon becoming aware that the holder of any Debenture or of any evidence of indebtedness or other Security of the Company or any of its Subsidiaries shall have Subsidiary has given notice or taken any other action with respect to a claimed default or event of default or default thereunder default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed default or event of default or default and what action the Company is taking or proposes to take with respect thereto;; and

Appears in 1 contract

Samples: Debenture Purchase Agreement (Public Service Co of North Carolina Inc)

Notice of Claimed Default. immediately Immediately upon becoming aware that the holder of any Note or any other evidence of indebtedness Indebtedness or other Security of the Company or any of its Subsidiaries shall have Subsidiary has given notice or taken any other action with respect to a claimed event of default or default thereunder Event of Default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed event of default or default Event of Default and what action the Company is taking or proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Agreement (AbitibiBowater Inc.)

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Notice of Claimed Default. immediately Immediately upon becoming aware that the holder of any material obligation or of any evidence of material indebtedness or other Security of the Company or any of its Subsidiaries shall have has given notice or taken any other action with respect to a claimed default or event of default or default thereunder thereunder, a written notice specifying the notice given or action taken by such holder and the nature of the claimed default or event of default or default and what action the Company is taking or proposes propose to take with respect thereto;

Appears in 1 contract

Samples: Developer Transfer Agreement (Silverleaf Resorts Inc)

Notice of Claimed Default. immediately upon becoming aware that the holder of any evidence of indebtedness Indebtedness or other Security security of the Company or any of its Subsidiaries shall have Subsidiary has given notice or taken any other action with respect to a claimed clamed default or event of default or default thereunder default, a written notice specifying the notice given or action taken by such holder and holder, the nature of the claimed default or event of default or default and what the action the Company is taking or proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Allegheny Energy Inc)

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