Common use of Notice of Default or Event of Default Clause in Contracts

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the Borrower is aware, the Borrower shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s assessment of the duration and effect thereof and the action which the relevant Obligor proposes to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the Borrower is awareDefault, the Borrower shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s assessment of the duration and effect thereof Default and the action which the relevant Obligor Borrower proposes to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the Borrower is awareDefault, the Borrower Borrowers shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s assessment of the duration and effect thereof Default and the action which the relevant Obligor proposes Borrowers propose to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the Borrower is aware, the Borrower shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s the Borrower’ assessment of the duration and effect thereof and the action which the relevant Obligor proposes Borrower propose to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the a Borrower is aware, the such Borrower shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s Borrower's assessment of the duration and effect thereof and the action which the relevant Obligor proposes to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the any Borrower is aware, the Borrower Borrowers shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such ObligorBorrower’s assessment of the duration and effect thereof and the action which the relevant Obligor such Borrower proposes to take with respect thereto.. ​

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the either Borrower is aware, the Borrower Borrowers shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s the Borrowers' assessment of the duration and effect thereof and the action which the relevant Obligor proposes Borrowers propose to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the either Borrower is aware, the Borrower Borrowers shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligor’s the Borrowers’ assessment of the duration and effect thereof and the action which the relevant Obligor proposes Borrowers propose to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the Borrower is aware, the Borrower shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligorthe Borrower’s assessment of the duration and effect thereof and the action which the relevant Obligor Borrower proposes to take with respect thereto.

Notice of Default or Event of Default. Upon the occurrence of either a Default or an Event of Default of which the theany Borrower is aware, the Borrower BorrowerBorrowers shall promptly deliver to the Administrative Agent a notice specifying the nature and date of occurrence of such Default or Event of Default, such Obligorthesuch Borrower’s assessment of the duration and effect thereof and the action which the relevant Obligor thesuch Borrower proposes to take with respect thereto.