Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 18 contracts
Samples: Revolving Credit Agreement (Charlotte Russe Holding Inc), Revolving Credit Agreement (Michaels Stores Inc), Revolving Credit Agreement (Cabot Corp)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Bridgestreet Accommodations Inc), Multicurrency Revolving Credit Agreement (Rogers Corp), Revolving Credit Agreement (Decisionone Holdings Corp)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Trico Marine Services Inc), Revolving Credit Agreement (Jordan Telecommunication Products Inc), Revolving Credit Agreement (Ameriking Inc)
Notification of Defaults and Events of Default. Each Bank 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 Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultss.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Grove Real Estate Asset Trust), Revolving Credit Agreement (Beacon Properties L P), Revolving Credit Agreement (Grove Property Trust)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, pursuant to Section 5.1(h) or otherwise, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon actual receipt of any notice under this Section 15.10 8.7, it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Mac-Gray Corp), Revolving Credit and Term Loan Agreement (Mac-Gray Corp)
Notification of Defaults and Events of Default. Each Bank 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 15.10 17.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Bell Sports Corp), Revolving Credit Agreement (Allied Holdings Inc)
Notification of Defaults and Events of Default. Each Bank ------------ -- -------- --- ------ -- ------- hereby agrees that, upon any employee of such Bank active upon the Company's account learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 of the existence of any Default or Event of Default, it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Sterling Commerce Inc), Revolving Credit Agreement (Sterling Software Inc)
Notification of Defaults and Events of Default. Each Bank hereby ------------------------------------------------ agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultss.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Fairfield Communities Inc), Revolving Credit Agreement (Fairfield Communities Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 13.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Samples: Revolving Credit Agreement (New England Business Service Inc), Loan Agreement (Metallurg Inc)
Notification of Defaults and Events of Default. Each Bank 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 Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 16.9 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Boston Properties Inc), Revolving Credit Agreement (Boston Properties Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultsec.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Filenes Basement Corp), Revolving Credit and Term Loan Agreement (Dynatech Corp)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 16.11 or
Section 9.5.1 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Restaurant Co), Revolving Credit Agreement (Perkins Finance Corp)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 12.10 it shall promptly notify the other Banks 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 Bank 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 15.10 ss.15.10 or upon learning of a Default or an Event of Default in its capacity as Administrative Agent it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Fairfield Communities Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent in writing thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 /section/14.10 it shall promptly notify the other Banks in writing of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 [SECTION] 14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Bradley Real Estate Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon an officer of such Bank active in respect of the Borrower's account learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 19.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Mercury Air Group Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)12.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (CMG Information Services Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt 91 -83- of any notice under this Section 15.10 16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Flextronics International LTD)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default or any fact, circumstance or condition which would likely result in the occurrence of an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 SECTION 12.10, it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Credit Agreement (Bacou Usa Inc)
Notification of Defaults and Events of Default. Each Bank 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 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Leucadia National Corp)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that -50- upon receipt of any notice under this Section 15.10 (S)15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 section 16.12 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Bank Agent thereof. The Agent Bank Agents hereby agrees agree that upon receipt of any notice under this Section 15.10 ss. 14.10 it shall promptly notify the other Banks Lenders of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Multicurrency Revolving Credit Agreement (Borders Group Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon any officer of such Bank active on the Borrower's account and this Credit Agreement learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 12.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)18.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)
Notification of Defaults and Events of Default. Each Bank 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 15.10 Subsection it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Leucadia National Corp)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 13.10 or upon learning of the existence of a Default or Event of Default it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Loan Agreement (Lamonts Apparel Inc)
Notification of Defaults and Events of Default. Each Bank 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 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultss.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent Agents thereof. The Agent Agents hereby agrees agree that upon receipt of any notice under this Section 15.10 it 18.10 they shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Gold Consignment Agreement (Marks Bros Jewelers Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Answer Think Consulting Group Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)12.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (CMG Information Services Inc)
Notification of Defaults and Events of Default. Each Bank hereby ------------ -- -------- --- ------ -- ------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Acquisition Loan Agreement (Jackson Products Inc)
Notification of Defaults and Events of Default. Each Bank 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 15.10 ss.13.10 or upon learning of a Default or an Event of Default in its capacity as Administrative Agent it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank 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 Agent Agents hereby agrees agree that upon receipt of any notice under this Section 15.10 it ss.17.10 they shall promptly notify the other otheR Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Managing Agent thereof. The Managing Agent hereby agrees that upon receipt of any notice under this Section 15.10 19.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Emmis Broadcasting Corporation)
Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a Default or an Event of Default, pursuant to Section 5.1(l)(i) or otherwise, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 15.10 8.7, it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank 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 SECTION 15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (Trico Marine Services Inc)
