Common use of Notice to Agent Clause in Contracts

Notice to Agent. Should any Default or Potential Default occur and --------------- be continuing, any Lender having actual knowledge thereof shall notify Agent and 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 2 contracts

Samples: Credit Agreement (Pioneer Commercial Funding Corp /Ny/), Credit Agreement (Matrix Capital Corp /Co/)

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Notice to Agent. Should any Default or Potential Default occur and --------------- be continuing, any Lender having actual knowledge thereof shall notify Agent and 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 Capital Corp /Co/)

Notice to Agent. Should any Default or Potential Default occur and --------------- be continuing, any Lender having actual knowledge thereof shall notify Agent and Borrower 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

Samples: Loan and Security Agreement (Ryland Group Inc)

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Notice to Agent. Should any Default or Potential Default occur and be --------------- be continuing, any Lender having actual knowledge thereof shall notify Agent and 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: Credit Agreement (Matrix Bancorp Capital Trust I)

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