Notice of Other Defaults Sample Clauses

Notice of Other Defaults. In the event that any Indebtedness of the Issuer or any Guarantor is declared due and payable before its maturity because of the occurrence of any default under such Indebtedness, the Issuer or the relevant Guarantor, as the case may be, shall promptly deliver to the Trustee an Officers’ Certificate stating such declaration; provided, that the term “Indebtedness” as used in this Section 4.17 shall not include Non-Recourse Indebtedness.
AutoNDA by SimpleDocs
Notice of Other Defaults. Promptly after becoming aware thereof, notice of the occurrence of any default on any other agreement, or receipt of any notice with respect to an event that with the passage of time, would become an Event of Default or Material Adverse Effect hereunder.
Notice of Other Defaults. Guarantor shall promptly notify Lender of any default or any event of default under the terms of any other agreement or instrument to which Guarantor is a party. Guarantor agrees to furnish to Lender all such further assurances, certificates, opinions and all other documents and do or cause to be done all such other things necessary or proper in order to carry out the terms of this Agreement as may be requested at any time or from time to time by Lender.
Notice of Other Defaults. The Company and the Guarantor shall give prompt written notice to the Co-Agents (a) upon the failure of the Guarantor to make any preferred dividend payment owing to Nomura Asset Capital Corporation or any of its affiliates, or (b) upon the occurrence of any default by the Company, the Guarantor or any of their affiliates in the performance of any obligation owing to Nomura Asset Capital Corporation or any of its affiliates under any instrument, agreement or other writing. Section 12.1 (i) of the Loan Agreement is hereby amended to recite in its entirety as follows:
Notice of Other Defaults. Promptly upon Buyer having received or having sent any written notice of any default under any of the following: (A) Amended and Restated Energy Purchase Agreement dated as of September 1, 2000 by and between Buyer and ConEd; (B) Tolling Agreement dated July 1, 2001 between Buyer and Dynegy Power Marketing, Inc.; (C) Master Agreement dated July 1, 2001 between Buyer and Dynegy Power Marketing, Inc., the Schedule to the Master Agreement attached thereto dated July 1, 2001 and Confirmation #1A thereof dated July 1, 2001; (D) Gas Supply Agreement dated July 1, 2001 between Buyer and Dynegy Canada Marketing and Trade; (E) Energy Management Agreement dated July 1, 2001 among Buyer, Dynegy Marketing and Trade and Dynegy Power Marketing, Inc.; and (F) Energy Sales Contract, dated as of November 18, 1992, between Buyer and Alcan Aluminium Corporation d/b/a Alcan Rolled Products Company, as amended, a copy of such written notice together with a written explanation of the details of such default and the action which Buyer proposes to take with respect thereto.
Notice of Other Defaults. Section 4.18.
AutoNDA by SimpleDocs
Notice of Other Defaults. Debtor shall promptly notify Lender of any material default or any material event of default under the terms of any other agreement or instrument to which Debtor is a party. Debtor agrees to furnish to Lender all such further assurances, certificates, opinions and all other documents and do or cause to be done all such other things necessary or proper in order to carry out the terms of this Agreement as may be requested at any time or from time to time by Lender.
Notice of Other Defaults. As soon as possible and in any event within five (5) days after the occurrence of any default or event of default under any security issued by the Parent or the Borrower or any Subsidiary or under any mortgage, indenture, lease, contract or other agreement, instrument or undertaking to which the Parent or the Borrower or any Subsidiary is or is purported to be a party or by which it or any of its property is or is purported to be bound, which default or event of default could have a material adverse effect on the business, operations, prospects, assets, properties or condition (financial or otherwise) of the Parent or the Borrower or any Subsidiary, a statement of the chief financial officer of the Borrower setting forth the details thereof and the action which the Borrower proposes to take with respect thereto.
Notice of Other Defaults. The TDD Bonds Beneficiary shall provide written notice to the Director within ten days of any failure by the TDD Bonds Beneficiary to pay any indebtedness of the TDD Bonds Beneficiary in excess of $50,000, or any interest or premium thereon, when due (whether by scheduled maturity, required prepayment, by acceleration, on demand or otherwise) if such failure continues after the applicable grace period, if any, specified in the agreement or instrument relating to such indebtedness; or of any other default under any agreement or instrument relating to any such indebtedness, or any other event, occurring and continuing after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such default or event is to accelerate, or to permit the acceleration of, the maturity of such indebtedness; or of any such indebtedness that is declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment), prior to the stated maturity thereof.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!