Notice to Administrative Agent. Should any Event of Default or Potential Default occur and be continuing, any Lender having actual knowledge thereof shall notify Administrative Agent and Co-Borrowers of the existence thereof, but the failure of any Lender to provide that notice shall not prejudice that Lender's Rights under this agreement.
Appears in 2 contracts
Samples: Credit Agreement (American Business Financial Services Inc /De/), Credit Agreement (American Business Financial Services Inc /De/)
Notice to Administrative Agent. Should any Event of Default or Potential Default occur and be continuing, any Lender having actual knowledge thereof shall notify Administrative Agent and Co-Borrowers Company of the existence thereof, but the failure of any Lender to provide that notice shall not prejudice that Lender's Rights rights under this agreementAgreement.
Appears in 1 contract
Samples: Warehousing Credit and Security Agreement (Nab Asset Corp)
Notice to Administrative Agent. Should any Event of Default or Potential Default occur and be continuing, any Lender having actual knowledge thereof shall notify Administrative Agent and Co-Borrowers Borrower of the existence thereof, but the failure of any Lender to provide that notice shall not prejudice that Lender's Rights under this agreement.
Appears in 1 contract
Samples: Loan Agreement (Matrix Bancorp Inc)
Notice to Administrative Agent. Should any Event of Default or Potential Default occur and be continuing, any Lender having actual knowledge thereof shall notify Administrative Agent and Co-Borrowers the Companies of the existence thereof, but the failure of any Lender to provide that notice shall not prejudice that Lender's Rights under this agreement.
Appears in 1 contract
