Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt or any Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and
Appears in 4 contracts
Samples: Note Purchase Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation)
Notice of Claimed Default. immediately Immediately upon becoming aware that the holder of any Note, material obligation or of any Debt or any Security evidence of material indebtedness of the Company or any Subsidiary, shall have Borrower has given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of defaultdefault thereunder, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company Borrower is taking or proposes to take with respect thereto; and;
Appears in 4 contracts
Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc), Loan, Security and Agency Agreement (Silverleaf Resorts Inc)
Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt evidence of indebtedness or any other Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and;
Appears in 2 contracts
Samples: Note Purchase Agreement (Birmingham Steel Corp), Note Purchase Agreement (Birmingham Steel Corp)
Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any evidence of Debt or any other Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, Default, event of default or event of defaultdefault (as the case may be), a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or Default, event of default and/or default and what action the Company is taking or proposes to take with respect thereto; and;
Appears in 1 contract
Samples: Note Purchase Agreement (Selective Insurance Group Inc)
Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt or any Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and;
Appears in 1 contract
Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt Indebtedness or any other Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and;
Appears in 1 contract
Notice of Claimed Default. immediately upon becoming ------------------------- aware that the holder of any Note, Note or of any Debt Indebtedness or any Security of the Company or any Subsidiary, shall have Subsidiary has given notice or taken any other action with respect to a claimed Default, Default or Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and holder, the nature of the claimed Default, Default or Event of Default, default or event of default Default and what the action the Company is taking or proposes to take with respect thereto; and;
Appears in 1 contract
Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt or any Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of or Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and
Appears in 1 contract
