Common use of Notification of Events of Default Clause in Contracts

Notification of Events of Default. The Borrower shall promptly inform the Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuing.

Appears in 4 contracts

Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc)

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Notification of Events of Default. The Borrower shall promptly on becoming aware of such occurrence inform the Agent of the occurrence of of: (a) any Default; or (b) any Cross Event of Default or Potential Event of Default Default, and, upon receipt of a written request to that effect from the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Cross Event of Default has occurred and is continuingoccurred.

Appears in 2 contracts

Samples: Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/)

Notification of Events of Default. The Principal Borrower shall promptly inform the Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingoccurred.

Appears in 2 contracts

Samples: Credit Agreement (NTL Europe Inc), Credit Agreement (NTL Inc/De/)

Notification of Events of Default. The Borrower shall promptly inform the Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingoccurred.

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement

Notification of Events of Default. The Original Borrower shall promptly inform the Facility Agent and the Security Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Facility Agent, confirm to the Facility Agent and the Security Agent that, save as previously notified to the Facility Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingoccurred.

Appears in 1 contract

Samples: Amendment Agreement (Jazztel PLC)

Notification of Events of Default. The Borrower shall promptly inform the Facility Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Facility Agent, confirm to the Facility Agent that, save as previously notified to the Facility Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingoccurred.

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

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Notification of Events of Default. The Borrower shall promptly inform will notify the Facility Agent of the occurrence of any Event of Default or Potential Event of Default andpromptly upon becoming aware of it, upon receipt together with details of a written request what action (if any) is being taken or proposed to that effect from be taken to remedy the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingDefault.

Appears in 1 contract

Samples: Coal and Capex Facility Agreement (Edison Mission Energy)

Notification of Events of Default. The Each of the Borrower and the Guarantors shall promptly inform the Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingoccurred.

Appears in 1 contract

Samples: Term Facility Agreement (Zindart LTD)

Notification of Events of Default. The Borrower shall promptly promptly, upon becoming aware of the same, inform the Agent of the occurrence of any Event of Default or Potential Event of Default and, upon receipt of a written request to that effect from the Agent, confirm to the Agent that, save as previously notified to the Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred and is continuingoccurred.

Appears in 1 contract

Samples: Revolving Loan Agreement (Teekay Shipping Corp)

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