Common use of Notice of Default and Litigation Clause in Contracts

Notice of Default and Litigation. Promptly upon learning of the occurrence of any of the following, written notice thereof, describing the same and the steps being taken by such Borrower with respect thereto:

Appears in 6 contracts

Samples: Credit Agreement (Hilbert Stephen C), Guaranty and Subordination Agreement (Conseco Inc), Collateral Agreement (Conseco Inc)

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Notice of Default and Litigation. Promptly upon learning of the occurrence of any of the following, written notice thereof, describing the same and the steps being taken by such the Borrower with respect thereto:

Appears in 5 contracts

Samples: Credit Agreement (American Equity Investment Life Holding Co), Credit Agreement (American Equity Investment Life Holding Co), Credit Agreement (Conseco Inc Et Al)

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