Common use of Notice of Default and Certain Events Clause in Contracts

Notice of Default and Certain Events. The Subordinated Lender shall notify the Senior Representatives of the occurrence of any of the following as applicable: (a) the obtaining of actual knowledge of the occurrence of any Event of Default under any of the Subordinated Notes; (b) the acceleration of any Subordinated Indebtedness by the Subordinated Lender; or (c) the granting of any waiver of any Event of Default by the Subordinated Lender.

Appears in 4 contracts

Samples: Subordination Agreement (Fusion Connect, Inc.), Subordination Agreement (Fusion Connect, Inc.), Subordination Agreement (Fusion Connect, Inc.)

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