Common use of Notice to the Lenders Clause in Contracts

Notice to the Lenders. Upon receipt by the Agent from the Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Agent of any Event of Default, the Agent will in turn immediately inform the other Lenders in writing (which shall include facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 6 contracts

Samples: Loan and Security Agreement (Belrose Capital Fund LLC), Loan and Security Agreement (Belcrest Capital Fund LLC), Loan and Security Agreement (Belmar Capital Fund LLC)

AutoNDA by SimpleDocs

Notice to the Lenders. Upon receipt by the Agent or the Issuing Bank from any of the Borrower Credit Parties of any communication calling for an action on the part of the Lenders, or upon notice to the Agent of any Event of Default, the Agent or the Issuing Bank will in turn immediately inform the other Lenders in writing (which shall include facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 2 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Crown Media Holdings Inc), Guaranty and Pledge Agreement (Crown Media Holdings Inc)

AutoNDA by SimpleDocs

Notice to the Lenders. Upon receipt by the Agent from any of the Borrower Debtors of any communication calling for an action on the part of the Lenders, or upon notice to the Agent of any Event of Default, the Agent will in turn immediately inform all the other Lenders in writing (which shall include facsimile telegraphic communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 1 contract

Samples: All American Communications Inc

Time is Money Join Law Insider Premium to draft better contracts faster.