Common use of Notice of Default Clause in Contracts

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 60 contracts

Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)

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Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 35 contracts

Samples: Assignment Agreement (Madison Gas & Electric Co), Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Great Plains Energy Inc)

Notice of Default. The Administrative Agent shall not be deemed to have actual knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (other than a Default under Section 8.2) unless the Administrative 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 that such notice is delivered pursuant to Section 7.3 hereof. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 25 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Toll Brothers, Inc.), Credit Agreement (Toll Brothers, Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 20 contracts

Samples: Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Notice of Default. The Administrative 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 Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 10 contracts

Samples: Credit Agreement, Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 10 contracts

Samples: Assignment Agreement (Cardinal Health Inc), Credit Agreement (Steelcase Inc), Day Credit Agreement (Cardinal Health Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 10 contracts

Samples: Term Loan Credit Agreement, Credit Agreement, Credit Agreement

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 If the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 9 contracts

Samples: Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc), Credit Agreement (Bemis Co Inc)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender or the Borrower Company 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 8 contracts

Samples: Security Agreement (Texas Petrochemicals Inc.), Security Agreement (Texas Petrochemicals Inc.), Term Loan Agreement (Texas Petrochemicals Inc.)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender Bank or the Borrower TGI 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 8 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

Notice of Default. The Administrative 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 Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 7 contracts

Samples: Credit Agreement (Orius Corp), Credit Agreement (KPMG Consulting Inc), Credit Agreement (Big Lots Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative Agent has received Event of Default, until 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 given to any Agent by a “notice of default”Credit Party, the L/C Issuer or a Lender. In the event that the Administrative Agent receives shall receive such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders; provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 6 contracts

Samples: Credit and Guaranty Agreement (Cit Group Inc), Credit and Guaranty Agreement (Cit Group Inc), Credit and Guaranty Agreement (Cit Group Inc)

Notice of Default. The Administrative Agent shall not be deemed not to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative Agent has received written notice thereof from a Lender another Credit Party or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a “notice of default”Borrower. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall promptly give prompt notice thereof to the Lendersother parties hereto.

Appears in 6 contracts

Samples: Credit Agreement (KOHLS Corp), Credit Agreement (KOHLS Corp), Credit Agreement (KOHLS Corp)

Notice of Default. The Neither the Administrative Agent nor any ----------------- 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 Administrative Agent such person 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 6 contracts

Samples: Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 5 contracts

Samples: Credit Agreement (Alliant Energy Corp), Credit Agreement (Denbury Resources Inc), Credit Agreement (Delta Petroleum Corp/Co)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Puget Energy Inc /Wa), Credit Agreement (Puget Energy Inc /Wa), Credit Agreement (Puget Sound Energy Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder hereunder, except with respect to a Default or Event of Default arising from the non-payment of principal, interest or fees required to be paid to the Administrative Agent for the account of the Banks, unless the Administrative Agent has received written notice from a Lender Bank 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 If the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 5 contracts

Samples: Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall promptly give prompt notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default as shall be directed by the Required Lenders.

Appears in 4 contracts

Samples: Loan Agreement (Fred Meyer Inc), Loan Agreement (Quality Food Centers Inc), Credit Agreement (Quality Food Centers Inc)

Notice of Default. The Administrative 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 Administrative 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 Event of Default" or a "notice of Potential Default", as the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenderscase may be.

Appears in 4 contracts

Samples: Credit Agreement (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc), Credit Agreement (Big Lots Inc)

Notice of Default. The Neither the Administrative Agent nor any 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 Administrative Agent such person 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 4 contracts

Samples: Credit Agreement (Arch Coal Inc), Credit Agreement (Arch Coal Inc), Pledge Agreement (Arch Coal Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Tesoro Petroleum Corp /New/), Credit Agreement (Tesoro Petroleum Corp /New/), Credit Agreement (Tesoro Petroleum Corp /New/)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 4 contracts

Samples: Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (Denbury Resources Inc), Credit Agreement (Delta Petroleum Corp/Co)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Administrative 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 Notice of defaultDefault”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Assignment Agreement (WGL Holdings Inc), Assignment Agreement (WGL Holdings Inc), Assignment Agreement (Washington Gas Light Co)

Notice of Default. The Neither the Administrative Agent nor any Security Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative Agent or such Security Agent, as the case may be, 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (other than any Default resulting from the failure of the Borrower to make any payment of principal, interest or fees payable to the Administrative Agent pursuant to the terms of this Agreement) unless the Administrative 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 4 contracts

Samples: Year Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co), Day Credit Agreement (Kansas City Power & Light Co)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has have 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 Event of default”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 3 contracts

Samples: Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD)

Notice of Default. The Administrative 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 Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Huntsman International LLC), Credit Agreement (Tioxide Americas Inc), Credit Agreement (Gencorp Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Experience Management LLC), Credit Agreement (MPW Industrial Services Group Inc), Credit Agreement (Kaydon Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Event of Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Lenders, unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 3 contracts

Samples: Credit Agreement (Allis Chalmers Energy Inc.), Credit Agreement (Markwest Energy Partners L P), Credit Agreement (Markwest Energy Partners L P)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender or the a Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Default and stating that such notice is a “notice Event of default”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersDefault.

Appears in 3 contracts

Samples: Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Koppers Inc), Credit Agreement (Koppers Holdings Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 3 contracts

Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co), Credit Agreement (NVR Inc)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Default and stating that such notice is a “notice Event of default”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersDefault.

Appears in 3 contracts

Samples: Credit Agreement (Koppers Inc), Credit Agreement (KI Holdings Inc.), Credit Agreement (Koppers Inc)

Notice of Default. The Administrative Agent shall will not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder under this Agreement unless the Administrative Agent has received written notice from a Lender or the Borrower Borrowers 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 Administrative Agent receives such a notice, the Administrative Agent shall will give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative Agent has received written notice from a Lender or Lender, the Borrower or any Guarantor 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 3 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender Bank or the Borrower TGI 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 3 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender Bank, WPC 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 3 contracts

Samples: Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Whiting Petroleum Corp)

Notice of Default. The Administrative Agent shall not be deemed not to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless a Responsible Officer of the Administrative 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 conspicuously marked as a “notice of default”. In the event that the Administrative Agent receives such a notice, the The Administrative Agent shall give prompt notice thereof promptly notify the Lenders of its receipt of any such notice. The Administrative Agent shall take such action with respect to such Default or Event of Default as may be directed by the LendersRequired Lenders in writing.

Appears in 3 contracts

Samples: Credit Agreement (Boxed, Inc.), Second Lien Credit Agreement (Boxed, Inc.), Credit Agreement (Seven Oaks Acquisition Corp.)

Notice of Default. The Administrative 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 Administrative 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 3 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Notice of Default. The Neither the Administrative Agent nor the Collateral Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent or the Collateral 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.it shall, within ten

Appears in 2 contracts

Samples: Intercreditor Agreement (Focus Financial Partners Inc.), Intercreditor Agreement (Focus Financial Partners Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice in writing from a Lender Lender, Holdings, 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.the

Appears in 2 contracts

Samples: Credit Agreement (CrowdStrike Holdings, Inc.), Credit Agreement (CrowdStrike Holdings, Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Assignment Agreement (Clayton Williams Energy Inc /De), Assignment Agreement (Clayton Williams Energy Inc /De)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender 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 Administrative Agent receives such a notice, the Administrative 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)

Notice of Default. The Administrative Agent shall not be deemed ----------------- to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Conectiv Inc), Conectiv Inc

Notice of Default. The Administrative Agent shall not be deemed not to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless a Responsible Officer of the Administrative 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 Administrative Agent receives such a notice, the The Administrative Agent shall give prompt notice thereof promptly notify the Lenders of its receipt of any such notice. The Administrative Agent shall take such action with respect to such Default or Event of Default as may be directed by the Required Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Oscar Health, Inc.), Credit Agreement (Oscar Health, Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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: Assignment Agreement (Southwestern Energy Co), Assignment Agreement (Southwestern Energy Co)

Notice of Default. The Administrative Agent shall will not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder under this Agreement unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall will give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Senior Credit Agreement (Unit Corp), Credit Agreement (Unit Corp)

Notice of Default. The Administrative 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 Administrative Agent has and until it shall have received a written notice from a Lender describing such Potential Default or Event of Default and citing the Borrower referring to relevant provision of this Agreement describing such Default or Unmatured Default and stating that such notice is a “notice of default”any Loan Document. In the event that the Administrative Agent receives such a notice, the The Administrative Agent shall give each Lender (except the Lender or the LC Issuer giving such notice) reasonably prompt notice thereof to the Lendersof any such written notice.

Appears in 2 contracts

Samples: Credit Agreement (Unova Inc), Credit and Security Agreement (Hawk Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 (Cimarex Energy Co), Credit Agreement (Microchip Technology Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersLenders and the LC Issuers.

Appears in 2 contracts

Samples: Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a any Lender or the Borrower referring to this Agreement or Southern, 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 LendersBanks and the Security Agent.

Appears in 2 contracts

Samples: Loan and Reimbursement Agreement (Cogentrix Energy Inc), Loan and Reimbursement Agreement (Cogentrix Energy Inc)

Notice of Default. The Administrative 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 the Administrative Agent for the account of the Issuing Bank and the Lenders) unless the Administrative Agent has shall have received written notice from a Lender Lender, the Issuing Bank or the Borrower Issuer referring to this Agreement and 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 2 contracts

Samples: Reimbursement and Credit Agreement (Cemex Sa De Cv), Assignment and Assumption Agreement (Cemex Sa De Cv)

Notice of Default. The Administrative 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 Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (TNS Inc), Credit Agreement (Titanium Metals Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent it 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 Administrative Agent receives such a notice, the Administrative Agent it 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 reasonably directed by the Majority Lenders.

Appears in 2 contracts

Samples: Railworks Corp, Railworks Corp

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender or the Borrower Debtor referring to the Credit Agreement and/or this Agreement Security 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 2 contracts

Samples: Security Agreement (M I Homes Inc), Security Agreement (M I Homes Inc)

Notice of Default. The Administrative 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 Administrative Agent, unless the Administrative Agent has shall have received written notice from the Parent Borrower or a Lender or the Borrower Lender, in each case 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Canadian Pledge and Security Agreement (Aptalis Holdings Inc.), Pledge and Security Agreement (Aptalis Holdings Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder (other than a failure by Borrower to make a payment to Administrative Agent hereunder) unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Richardson Electronics LTD/De), Credit Agreement (Cooper Cameron Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender Bank, Parent 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 2 contracts

Samples: Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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: Assignment Agreement (Vectren Corp), Credit Agreement (Vectren Corp)

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Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender Bank or the Borrower TGI 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.” 130

Appears in 2 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless except with respect to defaults in the payment of principal, interest and fees required to be paid to Administrative Agent has for the account of the Lenders, unless Administrative Agent shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Event of Default or Unmatured Default and stating that such notice is a “notice of default”. In the event that the Administrative Agent receives will notify the Lenders of its receipt of any such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Loan and Security Agreement (TPG Pace Holdings Corp.), Loan and Security Agreement (TPG Pace Holdings Corp.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder (other than an Event of Default under Section 9.1(a)) unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Pulte Homes Inc/Mi/), Credit Agreement (Pulte Homes Inc/Mi/)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Sigma Aldrich Corp), Credit Agreement (Sigma Aldrich Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.. 10.10

Appears in 1 contract

Samples: Revolving Credit Agreement (Richardson Electronics LTD/De)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder hereunder, except with respect to a Default or Event of Default arising from the non-payment of principal, interest or fees required to be paid to the Administrative Agent for the account of the Banks, unless the Administrative Agent has received written notice from a Lender Bank or the Borrower Company referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a “notice 721510353 03 65 of default”. In the event that If the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 1 contract

Samples: Assignment Agreement (Mdu Resources Group Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Centerpoint Properties Trust)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has actually received written notice from a Lender Bank 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 Administrative Agent receives such a "notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Tsecrp Inc)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender Bank or the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 1 contract

Samples: Credit Agreement (Internet Capital Group Inc)

Notice of Default. The Administrative 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 Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder (other than an Event of Default under SECTION 7.1(A) hereof) unless the Administrative Agent has received written notice from a Lender 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 Administrative Agent receives any such a notice, the Administrative Agent shall promptly give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Guaranty Agreement (Franchise Finance Corp of America)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender or Lender, the Borrower or any Guarantor 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 1 contract

Samples: Credit Agreement (America Service Group Inc /De)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Event of Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Lenders, unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders." The

Appears in 1 contract

Samples: Security Agreement (Arbitron Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 that such notice is delivered pursuant to Section 7.3 hereof. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders. 11.10.

Appears in 1 contract

Samples: Credit Agreement (Toll Brothers Inc)

Notice of Default. The Administrative Agent shall will not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received and until written notice has been provided as set forth in Section 8.20 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Pacific Ethanol, Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender or Lender, the Borrower or any of its Subsidiaries 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.. The Administrative Agent shall take such action with respect to such

Appears in 1 contract

Samples: Bridge Loan Agreement (Key Energy Group Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative Agent has received written notice from a Lender or the Borrower 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 1 contract

Samples: Day Credit Agreement (Illinois Tool Works Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Event of Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Lenders, unless the Administrative Agent has shall have received written notice from a Lender 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 ." The Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.Agent

Appears in 1 contract

Samples: Credit Agreement (Nebco Evans Holding Co)

Notice of Default. The Administrative Agent shall will not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received and until written notice has been provided as set forth in Section 8.20 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Financing Agreement (Panda Ethanol, Inc.)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Event of default”Default. In the event that the Administrative Agent receives such a notice, the Administrative 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

Appears in 1 contract

Samples: Credit Agreement (Sleepmaster LLC)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Esco Technologies Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Metlife Inc)

Notice of Default. The Administrative 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 Administrative Agent has received written notice from a Lender Lender, the Borrower or the Co-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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders."

Appears in 1 contract

Samples: Credit Agreement (Rent Way Inc)

Notice of Default. The Administrative Agent shall not be deemed to ----------------- have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 1 contract

Samples: Assignment Agreement (DPL Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Richardson Electronics LTD/De)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.54

Appears in 1 contract

Samples: Option Credit Agreement (Harman International Industries Inc /De/)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersBanks.

Appears in 1 contract

Samples: Credit Agreement (Bemis Co Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative Agent has received written notice from a Lender or the either 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 1 contract

Samples: Credit Agreement (Midas Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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.the

Appears in 1 contract

Samples: Credit Agreement (Intelsat LTD)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Centex Construction Products Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent it 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.the

Appears in 1 contract

Samples: Loan Agreement (CSS Industries Inc)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Administrative 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 US 719308 event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Southwestern Energy Co)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Event of Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Banks, unless the Administrative Agent has shall have received written notice from a Lender Bank 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.that

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Citgo Petroleum Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders".

Appears in 1 contract

Samples: Credit Agreement (Amresco Inc)

Notice of Default. The Administrative 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 Administrative Agent has shall have received written notice from a Lender or the Borrower Borrowers 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 will notify each Lender of its receipt of any such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 1 contract

Samples: Loan Agreement (Recoton Corp)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative 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.. The Administrative Agent shall take such action with respect

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

Notice of Default. The Administrative 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 the Administrative Agent for the account of the Lenders) unless the Administrative Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement and 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 1 contract

Samples: Credit Agreement (Cemex Sa De Cv)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of 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 the Administrative Agent for the account of the Lenders, unless the Administrative Agent has shall have received written notice from a Lender or the Borrower any Loan Party 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 Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.a

Appears in 1 contract

Samples: Credit Agreement (UTi WORLDWIDE INC)

Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Administrative Agent has received written notice from a Lender or the Parent 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.the

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Colony NorthStar Credit Real Estate, Inc.)

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