Notices of Default and Acceleration Sample Clauses

Notices of Default and Acceleration. The Financing Agent shall give to the Collateral Agent (for itself and the Trustee and the Noteholders), and the Collateral Agent shall give to the Financing Agent for itself and the Financing Lenders, concurrently with the giving thereof to either Borrower, a copy of any written notice of either (a) a default or an event of default under the Financing Agreement or the Indenture Debt Documentation, as applicable, or (b) written notice of demand for payment made to any Credit Party, provided that the failure of any party to give any such notice to the other shall not affect the relative priorities of Financing Agent’s and Collateral Agent’s respective liens as provided herein or the validity or effectiveness of any such notice as against any Credit Party. Each Credit Party hereby authorizes the Financing Agent and the Collateral Agent to send any such notices to each other and to provide any information with respect to the Credit Parties to each other.
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Notices of Default and Acceleration. Each Agent shall give to the other Agent concurrently with the giving thereof to any Borrower or any Obligor, a copy of any written notice by such Agent of either (a) a default or an event of default under its Agreements with such Borrower or Obligor or (b) written notice of demand for payment from such Borrower or Obligor provided, that, the failure of any party to give any such notice to the other shall not affect the relative priorities of the Lenders’ respective Liens as provided herein or the validity or effectiveness of any such notice as against any Borrower or any Obligor. The Borrowers and Obligors hereby authorize and consent to each Agent sending any such notices to the other Agent or providing any other information with respect to any Borrower or any Obligor to the other Agent.
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Notices of Default and Acceleration. Each Creditor shall give to the other Creditor (or in the case of Lender, shall give only to Note Trustee for itself and the Noteholders) concurrently with the giving thereof to any Debtor, a copy of any written notice by such Creditor of either (a) a default or an event of default under its Agreements with such Debtor or (b) written notice of demand for payment from such Debtor; provided, that, the failure of any party to give any such notice to the other shall not affect the relative priorities of Creditors' respective Liens as provided herein or the validity or effectiveness of any such notice as against any Debtor. Each Debtor hereby authorizes and consents to each Creditor sending any such notices to the other Creditors or providing any other information with respect to any Debtor to the other Creditors.
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Notices of Default and Acceleration. Each Agent Creditor shall give the other Agent Creditor concurrently with the giving thereof to Debtor, a copy of any written notice by such Agent Creditor of either (a) a default or an event of default under its agreements with Debtor or (b) written notice of demand for payment from Debtor; provided, that, the failure of any party to give any such notice to the other shall not affect the acknowledgments regarding each Agent Creditor's Collateral or the validity or effectiveness of any such notice as against Debtor. Debtor hereby authorizes and consents to each Agent Creditor sending any such notices to the other Agent Creditor or providing any other information with respect to Debtor to the other Agent Creditor.
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Notices of Default and Acceleration 
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Related to Notices of Default and Acceleration

  • Events of Default and Acceleration If any of the following events (“Events of Default” or, if the giving of notice or the lapse of time or both is required, then, prior to such notice or lapse of time, “Defaults”) shall occur:

  • DEFAULT AND ACCELERATION The Debt shall without notice become immediately due and payable at the option of Lender if any payment required in this Note is not paid on or prior to the date when due or if not paid on the Maturity Date or on the happening of any other Event of Default.

  • Notices of Default Seller and Purchaser shall each promptly give written notice to the other upon becoming aware of the impending or threatened occurrence of any event which could reasonably be expected to cause or constitute a breach of any of their respective representations, warranties, covenants or agreements contained in this Agreement.

  • Notices of Events of Default As promptly as practicable after, and in any event within 30 days after, the occurrence of any Event of Default actually known to the Trustee, the Trustee shall give notice of such Event of Default to the Depository, or, if any Certificates are not then held by DTC or any other depository, directly to the registered holders of such Certificates, and to the Warrant Agent. However, except in the case of an Event of Default relating to the payment of principal of or interest on any of the Underlying Securities, the Trustee will be protected in withholding such notice if in good faith it determines that the withholding of such notice is in the interest of the Certificateholders.

  • Notices of Defaults and Extensions (a) Within ninety (90) days after the occurrence of a default actually known to the Property Trustee, the Property Trustee shall transmit notice of such default to the Holders, the Administrative Trustees and the Depositor, unless such default shall have been cured or waived. For the purpose of this Section 8.6, the term “default” means any event that is, or after notice or lapse of time or both would become, an Event of Default.

  • Notices of Defaults The Borrower will furnish to the Administrative Agent and each Lender prompt written notice of the occurrence of any Default, together with a statement of a Financial Officer or other executive officer of the Borrower setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.

  • Event of Default Defined; Acceleration of Maturity; Waiver of Default Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Consequences of Default If an Event of Default shall occur, Lender:

  • Events of Default; Acceleration If any of the following events ("Events of Default") shall occur:

  • Events of Default and Termination Events (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)

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