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

Notification of Defaults and Events of Default. Upon learning of the existence of a Default or an Event of Default, a Bank or Co-Agent shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 14.10, the Administrative Agent shall promptly notify the other Banks of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alliance Capital Management Lp)

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Notification of Defaults and Events of Default. Upon learning of ---------------------------------------------- the existence of a Default or an Event of Default, a Bank or Co-Agent shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 14.1012.10, the Administrative Agent shall promptly notify the other Banks of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Term Credit Agreement (Pimco Advisors Holdings Lp)

Notification of Defaults and Events of Default. Upon learning of the ---------------------------------------------- existence of a Default or an Event of Default, a Bank or Co-Agent shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 14.1012.10, the Administrative Agent shall promptly notify the other Banks of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Term Credit Agreement (Pimco Advisors Holdings Lp)

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Notification of Defaults and Events of Default. Upon learning of the existence of a Default or an Event of Default, a Bank or Co-Agent shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 14.1013.11, the Administrative Agent shall promptly notify the other Banks of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alliance Capital Management Lp Ii)

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