Common use of Notice of Events of Default or Potential Defaults Clause in Contracts

Notice of Events of Default or Potential Defaults. A statement of an Authorized Officer of each Servicer setting forth details of any Event of Default, Financial Covenant Event or Potential Default that has occurred and is continuing and the action which each Servicer proposes to take with respect thereto.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Sabre Corp), Receivables Financing Agreement (Sabre Corp)

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Notice of Events of Default or Potential Defaults. A statement of an Authorized Officer of each the Servicer setting forth details of any Event of Default, Financial Covenant Event Default or Potential Default that has occurred and is continuing and the action which each the Servicer proposes to take with respect thereto.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Kinetik Holdings Inc.), Receivables Purchase Agreement (Mativ Holdings, Inc.)

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Notice of Events of Default or Potential Defaults. A statement of an Authorized Officer of each such Servicer setting forth details of any Event of Default, Financial Covenant Event Default or Potential Default that has occurred and is continuing and the action which each such Servicer proposes to take with respect thereto.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Rackspace Technology, Inc.)

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