Notification of Event of Default. The Facility Agent hereby undertakes to promptly notify the Lenders, and the Lenders hereby promptly undertake to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party has actual knowledge.
Appears in 11 contracts
Samples: Credit Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)
Notification of Event of Default. The Facility Agent hereby undertakes to promptly notify the Lenders, and the Lenders hereby promptly undertake to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party the Agent or any Lender has actual knowledge.
Appears in 5 contracts
Samples: Term Loan and Credit Facility Agreement (Noble Corp / Switzerland), Term Loan Agreement (Teekay Shipping Corp), Credit Agreement (NRG Generating U S Inc)
Notification of Event of Default. The Facility Agent hereby undertakes to notify promptly notify the Lenders, and the Lenders hereby promptly undertake to notify promptly the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party the Agent or any Lender has actual knowledge.
Appears in 4 contracts
Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)
Notification of Event of Default. The Facility Agent hereby undertakes promptly to promptly notify the Lenders, and each of the Lenders hereby undertakes promptly undertake to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which the Facility Agent or such party Lender has actual knowledge.
Appears in 3 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (OSG America L.P.), Revolving Credit Facility (Seacor Holdings Inc /New/), Senior Secured Revolving Credit Facility Agreement (OSG America L.P.)
Notification of Event of Default. The Facility Agent hereby undertakes to promptly notify the Lenders, and the Lenders hereby promptly undertake to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party the Facility Agent or Lender has actual knowledge.
Appears in 2 contracts
Samples: Loan Agreement (Gulfmark Offshore Inc), Secured Credit Facility Agreement (Teekay Shipping Corp)
Notification of Event of Default. The Facility Agent hereby undertakes promptly to promptly notify the Lenders, and each of the Lenders hereby undertakes promptly undertake to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which the Agent or such party Lender has actual knowledge.
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)
Notification of Event of Default. The Facility Each of the Agent and the Security Trustee hereby undertakes to promptly notify the Lenders, and the Lenders hereby promptly undertake to notify the Facility Agent Agent, the Security Trustee and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party has actual knowledge.
Appears in 1 contract
Notification of Event of Default. The Facility Agent hereby undertakes to promptly notify the Lenders, and the Lenders each Lender hereby promptly undertake undertakes to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party the Facility Agent or any Lender has actual knowledge.
Appears in 1 contract
