Common use of Notification of Defaults Clause in Contracts

Notification of Defaults. Each of the Company and the -------------------------- Guarantors will notify the Purchasers in writing of any Event of Default (as defined in Section 7.1) forthwith upon the occurrence thereof.

Appears in 3 contracts

Samples: Convertible Note Purchase Agreement (Vsource Inc), Purchase Agreement (Vsource Inc), Note and Warrant (Vsource Inc)

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Notification of Defaults. Each of the Company and the -------------------------- Guarantors will notify the Purchasers in writing of any Event of Default (as defined in Section 7.1) forthwith upon the occurrence thereof.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Mercantile Equity Partners Iii L P)

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