Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 117 contracts
Samples: Credit Agreement (First Cash Financial Services Inc), Credit Agreement (Kimball International Inc), Credit Agreement (Portland General Electric Co /Or/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 51 contracts
Samples: Credit Agreement (Kelly Services Inc), Five Year Revolving Credit Agreement, Five Year Credit Agreement (General Dynamics Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 47 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (Integrated Alarm Services Group Inc), Credit Agreement (Elgin National Industries Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower a Credit Party referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 29 contracts
Samples: Credit Agreement (Promus Hotel Corp), Credit Agreement (Personnel Group of America Inc), Credit Agreement (Fruit of the Loom Inc /De/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default (except with respect to defaults in the payment of principal, interest or Unmatured Default hereunder fees required to be paid to Agent for the account of Lenders), unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to Lenders. Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Lenders.
Appears in 19 contracts
Samples: Mezzanine Loan and Security Agreement (Grove Collaborative Holdings, Inc.), Loan and Security Agreement (Social Capital Suvretta Holdings Corp. I), Loan and Security Agreement (Social Capital Suvretta Holdings Corp. I)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBorrowers, the Lenders and the Issuing Banks.
Appears in 17 contracts
Samples: Credit Agreement (Ameren Illinois Co), Credit Agreement (Ameren Illinois Co), Credit Agreement (Union Electric Co)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 16 contracts
Samples: Credit Agreement (Kelly Services Inc), Credit Agreement (Kelly Services Inc), Credit Agreement (Actuant Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 15 contracts
Samples: Credit Agreement (WPS Resources Corp), Credit Agreement (WPS Resources Corp), Credit Agreement (Wisconsin Public Service Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 13 contracts
Samples: Loan Agreement (Myers Industries Inc), Credit Agreement (Astec Industries Inc), Credit Agreement (Nationwide Financial Services Inc/)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.
Appears in 12 contracts
Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the a Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.
Appears in 11 contracts
Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "“notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.”
Appears in 10 contracts
Samples: Credit Agreement (Rhino Resource Partners LP), Revolving Credit Facility (Hovnanian Enterprises Inc), Senior Secured Revolving Credit Facility (Rhino Resource Partners, L.P.)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders and, in the case of a “notice of default” received from a Lender, to the Borrower.
Appears in 9 contracts
Samples: Bridge Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower Borrowers referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 9 contracts
Samples: Credit Agreement (Zaring National Corp), Credit Agreement (Option Care Inc/De), Credit Agreement (Primesource Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any an Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 9 contracts
Samples: Credit Agreement (Nui Corp /Nj/), Credit Agreement (Nui Corp /Nj/), Credit Agreement (Nui Corp /Nj/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of a Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.
Appears in 8 contracts
Samples: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc), Credit Agreement (Potomac Electric Power Co)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the a Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "“notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.”
Appears in 8 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD), Credit Agreement (Super Test Petroleum Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default". .” In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 8 contracts
Samples: Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 8 contracts
Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)
Notice of Default. The Agent shall not be deemed to have knowledge ----------------- or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 7 contracts
Samples: Credit Agreement (Transit Group Inc), Revolving Credit Agreement (Depuy Inc), Credit Agreement (Money Store Inc /Nj)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "“notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.”
Appears in 7 contracts
Samples: Revolving Credit Agreement (Ii-Vi Inc), Revolving Credit Facility (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Incipient Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Loan Agreement, describing such Incipient Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 7 contracts
Samples: Loan Agreement (Spartan Stores Inc), Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Finova Capital Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 7 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Revolving Credit Facility Credit Agreement (Brady Corp)
Notice of Default. The Agent shall not be deemed to have ----------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 6 contracts
Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Money Store Inc /Nj)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the either Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 6 contracts
Samples: Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.
Appears in 6 contracts
Samples: Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 6 contracts
Samples: Credit Agreement (Ball Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the a Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 5 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Glatfelter P H Co), Credit Agreement (Bell Oil Corp)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Event of Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 5 contracts
Samples: Credit Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 5 contracts
Samples: Credit Agreement (Vectren Utility Holdings Inc), Credit Agreement (Ohio Casualty Corp), Credit Agreement (Clark Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 5 contracts
Samples: 364 Day Credit Agreement (Duke Energy Field Services LLC), 364 Day Credit Agreement (Duke Energy Field Services LLC), 364 Day Credit Agreement (Duke Energy Field Services LLC)
Notice of Default. 6.1 The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Holder or the Borrower Company or the Guarantor referring to this Agreement the Security Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to all of the LendersHolders. The Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Required Holders.
Appears in 5 contracts
Samples: Loan Subscription Agreement (Voice Mobility International Inc), Loan Subscription Agreement (Voice Mobility International Inc), Loan Subscription Agreement (Voice Mobility International Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Event of Default, unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to Lenders. Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Lenders.
Appears in 4 contracts
Samples: Contingent Convertible Debt Agreement (Achieve Life Sciences, Inc.), Contingent Convertible Debt Agreement (Achieve Life Sciences, Inc.), Loan and Security Agreement (Liquidia Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default Unmatured Event or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 4 contracts
Samples: Credit Agreement (Standard Parking Ii LLC), Credit Agreement (MSX International Inc), Credit Agreement (MSX International Business Services Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 4 contracts
Samples: Credit Agreement (Petroleum Development Corp), Credit Agreement (Universal Forest Products Inc), Credit Agreement (Universal Forest Products Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 4 contracts
Samples: Credit Agreement (BALL Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Potential Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Event of Default or Unmatured Potential Event of Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 4 contracts
Samples: Credit Agreement (Decrane Holdings Co), Increased Commitments Agreement (Decrane Holdings Co), Credit Agreement (Decrane Holdings Co)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In The Agent may (but shall not be obligated to) take, or refrain from taking, such action with respect to such Potential Default or Event of Default as it shall deem advisable and in the event that best interests of the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersPurchasers.
Appears in 4 contracts
Samples: Note and Warrant Purchase Agreement (Integral Vision Inc), Note and Warrant Purchase Agreement (Integral Vision Inc), Note and Warrant Purchase Agreement (Integral Vision Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Lenders, unless the Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives will notify each Lender of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 4 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Cardlytics, Inc.), Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Purchasers, unless the Agent has shall have received written notice from a Lender Purchaser or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives will notify each Purchaser of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 4 contracts
Samples: Note Purchase Agreement (Arena Group Holdings, Inc.), Note Purchase Agreement (theMaven, Inc.), Note Purchase Agreement (theMaven, Inc.)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or LC Issuer or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the LendersLenders and the LC Issuers.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Applebees International Inc), Revolving Credit Agreement (Applebees International Inc), 5 Year Revolving Credit Agreement (Applebees International Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders and, in the case of a "notice of default" received from a Lender, to the Borrower.
Appears in 3 contracts
Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or one of the Borrower Credit Parties referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be directed by the Required Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Central Parking Corp), Credit Agreement (Nova Corp \Ga\), Credit Agreement (Central Parking Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Lenders, unless the Agent has shall have received written notice from a Lender or the Borrower Borrowing Agent referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives will notify each Lender of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (Rocky Shoes & Boots Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower or any other Loan Party referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "“notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.”
Appears in 3 contracts
Samples: Revolving Credit Facility (Penn Virginia Resource Partners L P), Revolving Credit Facility (Penn Virginia Resource Partners L P), Revolving Credit Facility (Penn Virginia Resource Partners L P)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Participant or the Borrower Lessee referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersParticipants.
Appears in 3 contracts
Samples: Participation Agreement (Perot Systems Corp), Participation Agreement (Marchfirst Inc), Participation Agreement (Cal Dive International Inc)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: 364 Day Revolving Credit Agreement (L&c Spinco Inc), Revolving Credit Agreement (Acuity Brands Inc), 364 Day Revolving Credit Agreement (Acuity Brands Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, specifically describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Federated Investors Inc /Pa/), Senior Secured Credit Agreement (Federated Investors Inc /Pa/), Senior Secured Credit Agreement (Federated Investors Inc /Pa/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless and until the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default". .” In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Omnicare Inc), Credit Agreement (Omnicare Inc), Credit Agreement (Omnicare Inc)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Obligors referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (other than the Borrower’s failure to make a payment of principal, interest or fees required to be made to the Agent hereunder) unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Stone Container Corp), Credit Agreement (Stone Container Corp), Credit Agreement (Stone Container Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Omnicare Inc), Credit Agreement (Unitrin Inc), Credit Agreement (Omnicare Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Lenders, unless the Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives will notify each Lender of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Loan and Security Agreement (Banctec Inc), Loan and Security Agreement (Beacon Roofing Supply Inc), Loan and Security Agreement (Banctec Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Event of Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.”
Appears in 3 contracts
Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default"" or unless the default is a failure by Borrower to pay principal, interest or fees due in accordance with this Agreement. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Amli Residential Properties Trust), Credit Agreement (Amli Residential Properties Trust), Term Loan Agreement (Amli Residential Properties Trust)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Supplemental Credit Lender or the Borrower a Credit Party referring to this Agreement the Supplemental Credit Documents, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: 5 Year Revolving Credit Agreement (Acuity Brands Inc), 5 Year Revolving Credit Agreement (Zep Inc.), Revolving Credit Agreement (Acuity Brands Inc)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 3 contracts
Samples: 364 Day Credit Agreement (Arvinmeritor Inc), 364 Day Credit Agreement (Arvinmeritor Inc), Revolving Credit Agreement (Arvinmeritor Inc)
Notice of Default. The No Agent shall not be deemed to have knowledge or ----------------- notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: 5 Year Revolving Credit Agreement (Mead Corp), 364 Day Credit Agreement (Mead Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of a Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.
Appears in 2 contracts
Samples: Fourth Amendment to Second Amended and Restated Credit Agreement (Baltimore Gas & Electric Co), Credit Agreement (Pepco Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has shall have received written notice from the Borrower or a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.or
Appears in 2 contracts
Samples: Credit Agreement (Eclipsys Corp), Credit Agreement (Eclipsys Corp)
Notice of Default. 6.1 The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Holder or the Borrower Company or the Guarantor referring to this Agreement the Security Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the that Agent receives such a notice, the Agent shall give prompt notice thereof to all of the LendersHolders. The Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Required Holders.
Appears in 2 contracts
Samples: Loan Subscription Agreement (Voice Mobility International Inc), Loan Subscription Agreement (Voice Mobility International Inc)
Notice of Default. The Agent shall not be deemed to have ----------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Finish Line Inc /De/), Credit Agreement (Ohio Casualty Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders and the Issuing Banks.
Appears in 2 contracts
Samples: Five Year Revolving Credit Agreement (Union Electric Co), Revolving Credit Agreement (Union Electric Co)
Notice of Default. The Agent shall not be deemed to have knowledge or ----------------- notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Acquisition Credit Agreement (Transit Group Inc), Credit Agreement (Transit Group Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower Company referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Stepan Co), Revolving Credit Agreement (Stepan Co)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Supervalu Inc), Credit Agreement (Supervalu Inc)
Notice of Default. The Neither Agent shall not will be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent and until it has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such the Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Construction, Acquisition and Term Loan Agreement (NRG Energy Inc), Construction, Acquisition and Term Loan Agreement (NRG Energy Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Agent, unless the Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "“notice of default". In the event that the .” The Agent receives such will take actions with respect to a notice, the Agent shall give prompt notice thereof to the LendersDefault as set forth in Section 13.2.4.
Appears in 2 contracts
Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)
Notice of Default. The Neither Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Headwaters Inc), Second Lien Credit Agreement (Headwaters Inc)
Notice of Default. The Agent shall not be deemed to have ----------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default". .” In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Omnicare Inc), Credit Agreement (Unitrin Inc)
Notice of Default. The Neither Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the either Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the any Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Cooper Cameron Corp), Credit Agreement (Midas Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower a Credit Party referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Hunt Corp), Credit Agreement (Hunt Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has actual knowledge of such Default or Event of Default or has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Line of Credit Agreement (Agree Realty Corp), Line of Credit Agreement (Agree Realty Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "“notice of default". .” In the event that the Agent receives such a notice, the Agent it shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Revolving Credit Facility (Hovnanian Enterprises Inc), Revolving Credit Facility (Hovnanian Enterprises Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.Default
Appears in 2 contracts
Samples: Credit Agreement (Corrpro Companies Inc /Oh/), Credit Agreement (Corrpro Companies Inc /Oh/)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has actual knowledge thereof or Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Lynch Corp), Credit Agreement (Spinnaker Industries Inc)
Notice of Default. The Agent shall not be deemed to have any knowledge or notice of the occurrence of any Event of Default or Unmatured Potential Default hereunder unless the Agent has received written notice from a Lender Party or the Borrower referring to this Agreement Agreement, describing such Event of Default or Unmatured Default Potential Default, and stating that such notice is a "notice of default". In the event that ." If the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenderseach Lender.
Appears in 2 contracts
Samples: Credit Agreement (Primark Corp), Revolving Credit Agreement (Primark Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Fund American Enterprises Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless a responsible officer of the Agent has shall have received written notice from a Lender Note Holder or the Borrower Company referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the The Agent shall give prompt notice thereof promptly notify the Note Holders of its receipt of any such notice. The Agent shall take such action with respect to such Default or Event of Default as may be directed by the LendersRequired Holders.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Oramed Pharmaceuticals Inc.), Securities Purchase Agreement (Scilex Holding Co)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.
Appears in 2 contracts
Samples: Credit Agreement (Xcel Energy Inc), Credit Agreement (Northern States Power Co)
Notice of Default. The Agent shall not be deemed to have knowledge ----------------- or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders stating that such notice is a "notice of default".
Appears in 2 contracts
Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp)
Notice of Default. The Agent shall not be deemed to have ------------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo)
Notice of Default. The Agent shall not be deemed to have ------------------ knowledge or notice of the occurrence of any Unmatured Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Unmatured Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Markwest Hydrocarbon Inc), Working Capital Loan Agreement (Markwest Hydrocarbon Inc)
Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Arvinmeritor Inc), 5 Year Revolving Credit Agreement (Arvinmeritor Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower a Credit Party referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks. The Agent shall take such action with respect to such Default or Event of Default as shall be directed by the Required Banks.
Appears in 2 contracts
Samples: Credit Agreement (Cottontops Inc), Credit Agreement (Anvil Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Valley National Gases Inc), Credit Agreement (Valley National Gases Inc)
Notice of Default. The Agent Agents shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "“notice of default"”. In the event that the either Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Greif Inc), Credit Agreement (Ball Corp)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the any Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders“NOTICE OF DEFAULT.”
Appears in 2 contracts
Samples: Credit Agreement (Interface Security Systems, L.L.C.), Credit Agreement (Interface Security Systems Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower NovaCare referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Novacare Inc), Credit Agreement (Novacare Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Supplier or the Borrower PG&E referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "“notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.”
Appears in 2 contracts
Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "“notice of default"”. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower a Consolidated Parties referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default or Event of Default as shall be directed by the Required Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Wolverine Tube Inc), Credit Agreement (Wolverine Tube Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of the Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc)
Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)
