Notification of default. (a) The Borrower 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 54 contracts
Samples: Facility Agreement (Hoegh LNG Partners LP), Agreement (Himalaya Shipping Ltd.), Agreement (Polestar Automotive Holding UK PLC)
Notification of default. (a) The Borrower 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 38 contracts
Samples: Facility Agreement (Xunlei LTD), Facility Agreement, Facility Agreement
Notification of default. (a) The Borrower 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 25 contracts
Samples: Facility Agreement, Assignment Agreement (Wanda Sports Group Co LTD), Assignment Agreement (Wanda Sports Group Co LTD)
Notification of default. (a) The Borrower 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 19 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Whereas Eksportfinans
Notification of default. (a) The Borrower Borrowers 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 7 contracts
Samples: Management Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)
Notification of default. (a) 18.4.1 The Borrower 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 Borrower is aware that a notification has already been provided by the Borrower).
Appears in 6 contracts
Samples: Agreement (Hoegh LNG Partners LP), Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)
Notification of default. (a) The Borrower shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by another Obligor).
Appears in 6 contracts
Samples: Agreement (Daqo New Energy Corp.), Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)
Notification of default. (a) The Each Borrower 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 that Borrower is aware that a notification has already been provided by another Borrower).
Appears in 5 contracts
Samples: Facilities Agreement, Facility Agreement (Shanda Games LTD), Agreement (General Geophysics Co)
Notification of default. (a) The Borrower 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 4 contracts
Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD), Credit Facilities Agreement (Wanda Sports Group Co LTD), Facility Agreement (Nordic American Offshore Ltd.)
Notification of default. (a) The Borrower Borrowers 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 4 contracts
Samples: Credit Agreement (PowerFleet, Inc.), Credit Agreement (Id Systems Inc), Loan Agreement (Diana Shipping Inc.)
Notification of default. (a) The 20.5.1 Each Borrower and each Guarantor 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 4 contracts
Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)
Notification of default. (a) The Borrower shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by a Guarantor).
Appears in 3 contracts
Samples: Facility Agreement, Facility Agreement (Teekay Corp), Facility Agreement (Teekay LNG Partners L.P.)
Notification of default. (a) The 20.5.3 Each Borrower and the Guarantor 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 3 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.
Notification of default. (a) The Borrower Each of the Borrowers and the Guarantor 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 that Borrower or Guarantor is aware that a notification has already been provided by another Borrower or Guarantor).
Appears in 2 contracts
Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)
Notification of default. (a) The Borrower shall notify the Agent of any Event of Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 2 contracts
Samples: Term Facility Agreement (Polestar Automotive Holding UK PLC), Stats Chippac Ltd.
Notification of default. (a) 20.5.3 The Borrower and the Guarantor 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: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.
Notification of default. (a) 20.5.1 The Borrower and the Guarantor 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: Loan Agreement, Facility Agreement (HC2 Holdings, Inc.)
Notification of default. (aA) The Borrower 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: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)
Notification of default. (a) The 20.5.1 Each Borrower and the Guarantor 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: Loan Agreement (DHT Holdings, Inc.), Diana Containerships Inc.
Notification of default. (a) The Borrower shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Agent of any Default (promptly upon becoming aware of its occurrence and provide a description of such Default and the steps, if any, being taken or proposed to be taken to remedy it) promptly upon becoming aware of it or mitigate its occurrenceeffects.
Appears in 1 contract
Samples: Facility Agreement
Notification of default. (a) The Borrower 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 1 contract
Notification of default. (a) The Borrower shall notify the Agent Lender of any Default (and the steps, if it any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Samples: Loan Agreement (Safe Bulkers, Inc.)
Notification of default. (a) The Borrower shall notify the Agent Lender of any Event of Default (and the steps, if any, steps being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Samples: Loan Agreement
Notification of default. (a) The Each of the Borrower and the Guarantor 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 1 contract
Samples: October 2015 (DHT Holdings, Inc.)
Notification of default. (a) The Borrower shall notify the Administrative 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: Facility Agreement (Spansion Inc.)
Notification of default. (a) The Borrower 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 Borrower is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Notification of default. (a) The Borrower 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 it is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Samples: Agreement
Notification of default. (a) The Borrower shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Samples: Facility Agreement
Notification of default. (a) The Borrower shall notify the Agent of any Default (and any Early Amortisation Event under any Origination Document and the steps, if any, being taken to remedy it) it promptly upon becoming aware of its occurrence.
Appears in 1 contract
Samples: Facilities Agreement (Exide Corp)
Notification of default. (a) The Each of the Borrower and the Guarantor 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 it is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Notification of default. (a) The Borrower Borrowers 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 1 contract
Notification of default. (a) The 19.6.1 Each Borrower 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 1 contract
Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)
Notification of default. (ac) The Borrower 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 1 contract
Notification of default. (a) 19.5.1 The Borrower and the Guarantor 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 1 contract
Samples: Amending and Restating Agreement (DHT Holdings, Inc.)
Notification of default. (a) The Borrower shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) and/or any Change of Control promptly upon becoming aware of its occurrence.
Appears in 1 contract
Samples: Agreement (Corgi International LTD)
Notification of default. (a) The Borrower shall notify the Agent of any Default which has occurred and is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Administrative Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon any Obligor becoming aware of its occurrence.
Appears in 1 contract
Samples: Vantage Drilling CO
Notification of default. (a) The Borrower shall notify the Agent of any Default default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)
Notification of default. (a) 19.5.1 The Borrower 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 1 contract
Samples: Agreement (Morgans Hotel Group Co.)
Notification of default. (a) The Borrower Borrowers shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.. 19.1.6
Appears in 1 contract
Notification of default. (a) The Borrower Each of the Borrowers and the Guarantor 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 1 contract
Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.)
Notification of default. (a) 18.5.1 The Borrower shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) which can occur (or it is occurring) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Samples: Agreement (Commercial Metals Co)
Notification of default. (a) The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence which would be reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)
Notification of default. (a) The Each Borrower 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 that Borrower is aware that a notification has already been provided by another member of the Group).
Appears in 1 contract
Samples: Agreement (Paradigm Ltd.)
