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 shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 13.11, 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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Notification of Defaults and Events of Default. Upon learning of the ---------------------------------------------- existence of a Default or an Event of Default, a Bank shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 13.1112.10, the Administrative Agent shall promptly notify the other Banks of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Long 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 shall promptly notify the Administrative Agent thereof. Upon receipt of any notice under this Section 13.1112.10, the Administrative Agent shall promptly notify the other Banks of the existence of such Default or Event of Default.

Appears in 1 contract

Samples: Short 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 13.1114.10, 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 Each Bank hereby ------------ -- -------- --- ------ -- ------- agrees that, upon learning of the existence of a Default or an Event of Default, a Bank it shall promptly notify the Administrative Agent thereof. Upon The Administrative Agent hereby agrees that upon receipt of any notice under this Section 13.11, the 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 (Leucadia National Corp)

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