Common use of Notice of Default, etc Clause in Contracts

Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

Appears in 38 contracts

Samples: Credit Agreement (Matador Resources Co), Second Lien Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Crimson Exploration Inc.)

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Notice of Default, etc. Promptly after the Borrower any Obligor knows that any Default Default, Event of Default, labor dispute, or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower or any Guarantor proposes to take with respect thereto.

Appears in 11 contracts

Samples: Revolving Credit Agreement (Atlas Energy Resources, LLC), Credit Agreement (Georesources Inc), Revolving Credit Agreement (Atlas Resources Public #16-2007 (B) L.P.)

Notice of Default, etc. Promptly after a Responsible officer of the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

Appears in 6 contracts

Samples: Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye Partners L P), Bridge Loan Agreement (Buckeye Partners L P)

Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

Appears in 6 contracts

Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Isramco Inc)

Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default, Event of Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower or the affected Subsidiary or Guarantor proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Contango Oil & Gas Co)

Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action Borrower proposes to take with respect thereto. Promptly after Borrower knows that any “default” or any “event of default” has occurred under any document or agreement for Subordinated Debt, a notice of such occurrence, describing the same in reasonable detail and the action Borrower proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Earthstone Energy Inc)

Notice of Default, etc. Promptly after the Borrower knows that any ---------------------- Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Notice of Default, etc. Promptly after the either Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the applicable Borrower proposes to take with respect thereto.; and

Appears in 1 contract

Samples: Canadian Revolving Credit Agreement (Brown Tom Inc /De)

Notice of Default, etc. Promptly after the Borrower knows that any Default or any event or circumstance that could reasonably be expected to have a Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

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Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.; and

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Notice of Default, etc. Promptly after the Borrower any Obligor knows that any ----------------------- Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower or any Guarantor proposes to take with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Aroc Inc)

Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto, and at the Lender's option, a copy of the notice of such Default.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (BRL Universal Equipment Corp)

Notice of Default, etc. Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default, Event of Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Brown Tom Inc /De)

Notice of Default, etc. Promptly after the any Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the such Borrower proposes to take with respect thereto, and at the US Administrative Agent’s option, a copy of the notice of such Default or Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Universal Compression Holdings Inc)

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