Common use of Notices to Bank Clause in Contracts

Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) Any change in the Borrower's name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower has more than one place of business.

Appears in 5 contracts

Samples: Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Tel Instrument Electronics Corp)

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Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) Any change in the Borrower's any Obligor’s name, legal structure, principal residence, or name on any driver's ’s license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower Obligor has more than one place of business.

Appears in 4 contracts

Samples: Loan Agreement (Thorne Healthtech, Inc.), Loan Agreement (Zynex Inc), Loan Agreement (Graham Corp)

Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) Any change in the Borrower's any Obligor’s name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower Obligor has more than one place of business.

Appears in 1 contract

Samples: Loan Agreement (CUI Global, Inc.)

Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) Any change in the Borrower's name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower has more than one place of business.

Appears in 1 contract

Samples: Note and Agreement (Trey Resources Inc)

Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default.. Resolutions to Obtain Credit (b) Any change in the Borrower's ’s name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower has more than one place of business.

Appears in 1 contract

Samples: Note and Agreement (Premier Exhibitions, Inc.)

Notices to Bank. To promptly notify the Bank in writing of: (a) a. Any event Default or Event of default Default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) b. Any change in the Borrower's any Obligor’s name, legal structure, principal residence, or name on any driver's ’s license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower Obligor has more than one place of business.

Appears in 1 contract

Samples: Loan Agreement (Natures Sunshine Products Inc)

Notices to Bank. To promptly notify the Bank in writing of:. (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) Any change in the Borrower's ’s name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state residence (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower has more than one place of business.

Appears in 1 contract

Samples: Loan Agreement (American Restaurant Concepts Inc)

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Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default.. Ref# 1000367553 — MCA Enterprises Xxxxxxx Inc. Real Estate Loan Agreement (b) Any change in the Borrower's ’s name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state residence (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower has more than one place of business. c) Any breach or event of default under the SBA Loan Authorization.

Appears in 1 contract

Samples: Real Estate Loan Agreement (Diversified Restaurant Holdings, Inc.)

Notices to Bank. To promptly notify the Bank in writing of: (a) a. Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) b. Any change in the Borrower's any Obligor’s name, legal structure, principal residence, or name on any driver's ’s license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower Obligor has more than one place of business.

Appears in 1 contract

Samples: Loan Agreement (Software Acquisition Group Inc.)

Notices to Bank. To promptly notify the Bank in writing of: (a) Any event Event of default Default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event Event of defaultDefault. (b) Any change in the Borrowerany Obligor's name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower Obligor has more than one place of business.

Appears in 1 contract

Samples: Loan Agreement (Solitron Devices Inc)

Notices to Bank. To promptly notify the Bank in writing of: (a) Any event of default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of default. (b) Any change in the Borrowerany Obligor's name, legal structure, principal residence, or name on any driver's license or special identification card issued by any state (for an individual), state of registration (for a registered entity), place of business, or chief executive office if the Borrower Obligor has more than one place of business.

Appears in 1 contract

Samples: Loan Agreement (HF Foods Group Inc.)

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