Common use of Notices of Event of Default, Etc Clause in Contracts

Notices of Event of Default, Etc. In the event that the Agent shall have acquired actual knowledge of any Event of Default or Default, the Agent shall promptly give notice thereof to the Banks. The Agent shall not be deemed to have knowledge or notice of any Default or Event of Default, except with respect to actual defaults in the payment of principal, interest and fees required to be paid to the Agent for its own account or for the account of the Banks, unless the Agent shall have received written notice from a Bank or a Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default”.

Appears in 3 contracts

Samples: Credit Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO), Credit Agreement (Dolan Media CO)

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Notices of Event of Default, Etc. In the event that the Agent shall have acquired actual knowledge of any Event of Default or Default, the Agent shall promptly give notice thereof to the Banks. The Agent shall not be deemed to have knowledge or notice of any Default or Event of Default, except with respect to actual defaults in the payment of principal, interest and fees required to be paid to the Agent for its own account or for the account of the Banks, unless the Agent shall have received written notice from a Bank or a the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice Notice of defaultDefault”.

Appears in 3 contracts

Samples: Credit Agreement (Life Time Fitness Inc), Credit Agreement (Life Time Fitness Inc), Credit Agreement (Life Time Fitness Inc)

Notices of Event of Default, Etc. In the event that the Agent shall have acquired actual knowledge of any Event of Default or Default, the Agent shall promptly give notice thereof to the BanksLenders. The Agent shall not be deemed to have knowledge or notice of any Default or Event of Default, except with respect to actual defaults in the payment of principal, interest and fees required to be paid to the Agent for its own account or for the account of the BanksLenders, unless the Agent shall have received written notice from a Bank Lender or a the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice Notice of defaultDefault”.

Appears in 1 contract

Samples: Loan Agreement (Vitesse Semiconductor Corp)

Notices of Event of Default, Etc. In the event that the Agent shall have acquired actual knowledge of any Event of Default or Default, the Agent shall promptly give notice thereof to the BanksLenders. The Agent shall not be deemed to have knowledge or notice of any Default or Event of Default, except with respect to actual defaults in the payment of principal, interest and fees required to be paid to the Agent for its own account or for the account of the BanksLenders, unless the Agent shall have received written notice from a Bank Lender or a Borrower the Borrowers referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice Notice of defaultDefault..

Appears in 1 contract

Samples: Credit Agreement (Lendway, Inc.)

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Notices of Event of Default, Etc. In the event that the Agent shall have acquired actual knowledge of any Event of Default or Default, the Agent shall promptly give notice thereof to the BanksLenders. The Agent shall not be deemed to have knowledge or notice of any Default or Event of Default, except with respect to actual defaults in the payment of principal, interest and fees required to be paid to the Agent for its own account or for the account of the BanksLenders, unless the Agent shall have received written notice from a Bank Lender or a the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice "Notice of default”Default".

Appears in 1 contract

Samples: Credit Agreement (Matrix Bancorp Inc)

Notices of Event of Default, Etc. In the event that the Agent shall have acquired actual knowledge of any Event of Default or Default, the Agent shall promptly give notice thereof to the Banks. The Agent shall not be deemed to have knowledge or notice of any Default or Event of Default, except with respect to actual defaults in the payment of principal, interest and fees required to be paid to the Agent for its own account or for the account of the Banks, unless the Agent shall have received written notice from a Bank or a Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice Notice of defaultDefault..

Appears in 1 contract

Samples: Credit Agreement (Cabelas Inc)

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