Common use of Notice of Default, etc Clause in Contracts

Notice of Default, etc. Promptly after any Obligor knows that any Default or Event of Default has occurred, a notice of such Default or Event of Default, 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 Pipeline Partners Lp), Revolving Credit Agreement (Atlas Pipeline Holdings, L.P.), Revolving Credit and Term Loan Agreement (Atlas America Inc)

AutoNDA by SimpleDocs

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

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp), Revolving Credit and Term Loan Agreement (Atlas Pipeline Holdings, L.P.)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Guaranty, Subordination and Cash Collateral Agreement (Atlas America Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!