Common use of Notification of default Clause in Contracts

Notification of default. The Company shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 9 contracts

Samples: Facility Agreement (Aon Corp), Eagle Bulk Shipping Inc., Credit Agreement (Spirent PLC)

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Notification of default. (a) The Company shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 6 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)

Notification of default. (a) The Company shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 6 contracts

Samples: Agreement (Cboe Global Markets, Inc.), Agreement (Cboe Global Markets, Inc.), Propco Facility Agreement (Toys R Us Inc)

Notification of default. 21.5.1 The Company shall promptly notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Stillwater LTD), Facility Agreement (Sibanye Gold LTD)

Notification of default. (a) The Company shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Company is aware that a notification has already been provided by another Obligor).

Appears in 3 contracts

Samples: Facilities Agreement (Alibaba Group Holding LTD), Alibaba Group Holding LTD, Agreement (Signet Group PLC)

Notification of default. The Company shall notify the Agent Lenders of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 2 contracts

Samples: Facilities Agreement (NLS Pharmaceutics Ltd.), Facilities Agreement (NLS Pharmaceutics Ltd.)

Notification of default. a) The Company shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 2 contracts

Samples: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa)

Notification of default. (a) The Company shall notify the Agent Lender of any Default (and the steps, in each case, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 2 contracts

Samples: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)

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Notification of default. 20.7.1 The Company shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 2 contracts

Samples: Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)

Notification of default. (a) The Company and/or each Obligor shall notify the Agent of any Default that is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Company and/or that Obligor is aware that a notification has already been provided by the Company and/or another Obligor).

Appears in 2 contracts

Samples: Intercreditor Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)

Notification of default. (a) The Company shall (on behalf of the Obligors) notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 1 contract

Samples: Cookson Group PLC

Notification of default. (c) The Company shall notify the Agent Bank of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 1 contract

Samples: Credit Facility Agreement (Axis Capital Holdings LTD)

Notification of default. (a) The Company shall notify the Facility Agent of any Default which is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

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