Notice of Defaults and Events of Default. Immediately after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;
Appears in 4 contracts
Samples: Credit and Security Agreement (Sun Hydraulics Corp), Credit and Security Agreement (Sun Hydraulics Corp), Credit Agreement (JLM Industries Inc)
Notice of Defaults and Events of Default. Immediately after upon the occurrence of each a Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;.
Appears in 3 contracts
Samples: Revolving Credit Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit and Term Loan Agreement (Integrated Circuit Systems Inc), Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)
Notice of Defaults and Events of Default. Immediately after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower Guarantor with respect thereto;
Appears in 1 contract
