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

Notice of Default and Events of Default. As soon as possible and in any event within fifteen (15) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

Appears in 2 contracts

Samples: Line of Credit Loan Agreement (Zevex International Inc), Line of Credit Loan Agreement (Zevex International Inc)

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Notice of Default and Events of Default. As soon as possible and in any event within fifteen (15) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (Magellan Technology Inc)

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Notice of Default and Events of Default. As soon as possible and in any event within fifteen thirty (1530) days after the occurrence concurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;.

Appears in 1 contract

Samples: Loan and Security Agreement (Viewcast Com Inc)

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