Common use of Notice of Non-Compliance Clause in Contracts

Notice of Non-Compliance. Debtor shall notify Secured Party in writing of any failure by Debtor or any Third Party to comply with any provision of any Transaction Document immediately upon learning of such non-compliance, or if any representation or warranty contained in any Transaction Document is no longer true in any material respect.

Appears in 3 contracts

Samples: Loan and Security Agreement (FFP Marketing Co Inc), Loan and Security Agreement (FFP Partners L P), Loan and Security Agreement (FFP Partners L P)

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Notice of Non-Compliance. Debtor shall notify Secured Party in writing of any failure by Debtor or any Third Party to comply with any provision of any Transaction Document immediately upon learning of such non-compliance, or if any representation or warranty contained in any Transaction Document is no longer true in any material respecttrue.

Appears in 3 contracts

Samples: Security Agreement (American Artists Film Corp/Mo/), Loan and Security Agreement (Computone Corporation), Loan and Security Agreement (Otr Express Inc/Ks)

Notice of Non-Compliance. Debtor shall notify Secured Party in writing of any failure by Debtor or any Third Party to comply with any provision of any Transaction Document immediately upon within ten (10) days of learning of such non-compliance, or if any representation or warranty contained in any Transaction Document is no longer true in any material respecttrue.

Appears in 3 contracts

Samples: Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc)

Notice of Non-Compliance. Debtor shall notify Secured Party in writing of any failure by Debtor or any Third Party to comply with any provision of any Transaction Document immediately upon learning of such non-compliance, or if any representation or warranty contained in any Transaction Document is no longer true in any material respect.true. 9.15

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

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Notice of Non-Compliance. Debtor shall notify Secured Party in writing of any failure by Debtor or any Third Party to comply with any provision of any Transaction Document immediately upon learning of such non-compliance, or if any representation or warranty contained in any Transaction Document is no longer true in any material respectthis Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Jupitermedia Corp)

Notice of Non-Compliance. Debtor shall notify Secured Party in writing of any failure by Debtor or any Third Party to comply with any provision of any Transaction Document immediately upon learning reaming of such non-compliance, or if any representation or warranty contained in any Transaction Document is no longer true in any material respecttrue.

Appears in 1 contract

Samples: Loan and Security Agreement (Delsoft Consulting Inc)

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