Notification of Claim against Collateral. The Borrower will, within three (3) days of becoming aware thereof, notify the Administrative Agent and each Interest Rate Hedge Provider in writing of any Lien upon any of the Collateral if the aggregate value of the affected Collateral is $100,000 or more.
Appears in 2 contracts
Samples: Credit Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)
Notification of Claim against Collateral. The Borrower will, within three (3) days of becoming aware thereof, notify the Administrative Agent and each Interest Rate Hedge Provider in writing of any Lien upon any of the Collateral if the aggregate value of the affected Collateral is $100,000 or more.
Appears in 2 contracts
Samples: Credit Agreement (SeaCube Container Leasing Ltd.), Credit Agreement (SeaCube Container Leasing Ltd.)
Notification of Claim against Collateral. The Borrower will, within three (3) days of becoming aware thereof, notify the Administrative Agent and each Interest Rate Hedge Provider in writing of any Lien upon any of the Collateral if the having an aggregate value of the affected Collateral is $100,000 500,000 or more.
Appears in 2 contracts
Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.)
Notification of Claim against Collateral. The Borrower will, within three (3) days of becoming aware thereof, notify the Administrative Agent and each Interest Rate Hedge Provider in writing of any Lien upon any of the Collateral if the having an aggregate value of the affected Collateral is $100,000 500,000 or more.
Appears in 2 contracts
Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (Seacastle Inc.)
Notification of Claim against Collateral. The Borrower will, within three (3) days of becoming aware thereof, notify the Administrative Agent and each Interest Rate Hedge Provider in writing of any Lien upon any of the Collateral if the aggregate value of the affected Collateral is $100,000 or more.
Appears in 1 contract
Samples: Credit Agreement (Seacastle Inc.)
