Common use of Notification of default Clause in Contracts

Notification of default. The Borrower will notify the Agent as soon as the Borrower becomes aware of:

Appears in 75 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Agreement (Euroseas Ltd.)

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Notification of default. The Each Borrower will notify the Agent as soon as the that Borrower becomes aware of:

Appears in 39 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Notification of default. The Borrower will notify the Agent as soon as the Borrower it becomes aware of:

Appears in 7 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (DryShips Inc.), Loan Agreement (Tsakos Energy Navigation LTD)

Notification of default. The Borrower will notify the Facility Agent as soon as the Borrower becomes aware of:

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Notification of default. The Borrower Borrowers will notify the Agent as soon as the Borrower becomes Borrowers become aware of:

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Navios Maritime Acquisition CORP)

Notification of default. The Each Borrower will notify the Agent as soon as the Borrower that Xxxxxxxx becomes aware of:

Appears in 3 contracts

Samples: Diana Shipping Inc., Loan Agreement (Product Shipping Ltd.), Loan Agreement (Star Bulk Management Inc.)

Notification of default. The Borrower Borrowers will notify the Agent as soon as the a Borrower becomes aware of:

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

Notification of default. The Each Borrower will notify the Agent as soon as the Borrower it becomes aware of:

Appears in 3 contracts

Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)

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Notification of default. The Each Borrower will notify the Facility Agent as soon as the that Borrower becomes aware of:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Notification of default. The the Borrower will notify the Agent as soon as the Borrower becomes aware of:

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Notification of default. The Borrower It will notify the Agent as soon as the that Borrower becomes aware of:

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Notification of default. The Borrower Borrowers will notify the Agent as soon as the Borrower becomes any of them become aware of:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Notification of default. The Each Borrower will promptly notify the Agent as soon as the Borrower becomes aware of:

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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