Common use of Notification of Defaults and Events of Default Clause in Contracts

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 19 contracts

Samples: Credit Agreement (Barnes Group Inc), Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (CAI International, Inc.)

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Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall (to the extent notice has not previously been provided) promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 16.9 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 13 contracts

Samples: Secured Term Loan Agreement (First Potomac Realty Trust), Secured Term Loan Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §Section 14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 10 contracts

Samples: Revolving Credit Agreement (Coach Inc), Revolving Credit Agreement (Coach Inc), Multicurrency Revolving Credit Agreement (Lexmark International Inc /Ky/)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default default or an Event of Default, it shall (to the extent notice has not previously been provided) promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 provision it shall promptly notify the other Lenders of the existence of such Default default or Event of Default.

Appears in 7 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT II, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a default, Default or an Event of Default, it shall (to the extent notice has not previously been provided) promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 15.9 it shall promptly notify the other Lenders of the existence of such default, Default or Event of Default.

Appears in 6 contracts

Samples: Assignment and Assumption Agreement (Life Storage Lp), Assignment and Assumption Agreement (Sovran Self Storage Inc), Credit Agreement (Sovran Self Storage Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 12.11 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 6 contracts

Samples: Control Agreement (Montpelier Re Holdings LTD), Assignment and Assumption (Montpelier Re Holdings LTD), Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Sunglass Hut International Inc), Credit Loan Agreement (Koger Equity Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §§ 14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 3 contracts

Samples: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a default, Default or an Event of Default, it shall (to the extent notice has not previously been provided) promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 14.9 it shall promptly notify the other Lenders of the existence of such default, Default or Event of Default.

Appears in 3 contracts

Samples: Term Loan Agreement (Mack Cali Realty L P), Revolving Credit Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty Corp)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 Section 12.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Borders Group Inc), Senior Secured Credit Agreement (Pershing Square Capital Management, L.P.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 15.13 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Waste Connections Inc/De), Revolving Credit and Term Loan Agreement (Waste Connections Inc/De)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.15.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Starter Corp), Credit Agreement (Starter Corp)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 13.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Assignment and Assumption (Barnes Group Inc), Revolving Credit Agreement (Safety Insurance Group Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 13.10 it shall promptly notify the other Lenders and the Borrower of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Staples Inc), Revolving Credit Agreement (Staples Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it 14.10, the Administrative Agent shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it 14.10, the Agent shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (Seacastle Inc.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that (a) upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders and the Borrower of the existence of such Default or Event of DefaultDefault and (b) upon receipt of any notice from the Borrower under §5.5 it shall promptly notify the other Lenders thereof.

Appears in 2 contracts

Samples: Credit Agreement (Staples Inc), Credit Agreement (Staples Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 (S)14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Lifeline Systems Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof; provided that no Lender shall be liable for failure to deliver such notice. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 14.11 or 7.5 it shall promptly notify the other Lenders of the existence of such Default or Event of Defaultthereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Jumpking Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.13.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Watts Industries Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby xxxxxx agrees that upon receipt of any notice under this §Section 14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 Section 11.13 it shall promptly notify the other Lenders of the existence of such Default default or Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning receiving written notice by the Borrower of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 13.12 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Timberland Co)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 14.11 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Yankee Candle Co Inc)

Notification of Defaults and Events of Default. Each Lender Institution hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.13.10 it shall promptly notify the other Lenders Institutions of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Gold Consignment Agreement (Finlay Enterprises Inc /De)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby xxxxxx agrees that upon receipt of any notice under this §14.10 13.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Safety Insurance Group Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it Section 14.10, the Agent shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Seacastle Inc.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, pursuant to Section 5.1(g) or otherwise, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 Section 8.7, it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Agreement (Ust Inc)

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Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 (S)15.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default, and upon the receipt of the Majority Lenders shall notify the Borrower of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Blue Steel Capital Corp)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof; provided that no Lender shall be liable for failure to deliver such notice. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 section 14.11 or section 7.5 it shall promptly notify the other Lenders of the existence of such Default or Event of Defaultthereof.

Appears in 1 contract

Samples: Credit Agreement (Jumpking Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit and Term Loan (Quaker Fabric Corp /De/)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 15.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default. 15.11.

Appears in 1 contract

Samples: Revolving Credit Agreement (Filenes Basement Corp)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 15.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (McCormick & Schmick Holdings, L.L.C.)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a default, Default or an Event of Default, it shall (to the extent notice has not previously been provided) promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.14.9 it shall promptly notify the other Lenders of the existence of such default, Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mack Cali Realty Corp)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 16.14 it shall promptly notify the other Lenders and Agents of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 (S)14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Prime Group Realty Trust)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.17.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Emmis Communications Corp)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 ss.15.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Wichita Manufacturing Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 13.13 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Connections Inc/De)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 Section 17.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Russell-Stanley Holdings Inc)

Notification of Defaults and Events of Default. Each Lender hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 (S)9.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Finova Group Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §ss. 14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Aegis Realty Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 s. 15.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Waste Connections Inc/De)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 15.13 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement

Notification of Defaults and Events of Default. Each Lender hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §Section 14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Us Xpress Enterprises Inc)

Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §Section 14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of DefaultDxxxxxx.

Appears in 1 contract

Samples: Revolving Credit Agreement (Coach Inc)

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