Common use of Notification of Events of Default Clause in Contracts

Notification of Events of Default. The Obligors' Agent 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 which is continuing.

Appears in 2 contracts

Samples: Credit Agreement (Comple Tel LLC), Credit Agreement (Comple Tel Europe Nv)

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Notification of Events of Default. The Obligors' Agent shall It will 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 which is continuingoccurred.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Koninklijke Numico Nv), Multicurrency Credit Agreement (Koninklijke Numico Nv)

Notification of Events of Default. The Obligors' Agent shall promptly 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 which is continuingoccurred.

Appears in 1 contract

Samples: Fourth Amendment Agreement (Sanitec International Sa)

Notification of Events of Default. The Obligors' Agent Each of the Obligors shall promptly after becoming aware of the same inform the Facility Agent of the occurrence of any Event of Default or Potential Event of Default and, and upon receipt of a written request to that effect from the Facility AgentAgent acting reasonably in circumstances which give reasonable grounds for belief that an Event of Default or Potential Event of Default may have occurred, 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 which is continuingoccurred.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Capital One Financial Corp)

Notification of Events of Default. The Obligors' Agent Parent 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 AgentAgent acting reasonably, 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 which is continuingoccurred.

Appears in 1 contract

Samples: Loan Agreement (Getronics N V)

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Notification of Events of Default. The Obligors' Agent Each Obligor shall promptly promptly, upon becoming aware of the same, 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 which is continuingoccurred.

Appears in 1 contract

Samples: Revolving Loan Agreement (Teekay Shipping Corp)

Notification of Events of Default. The Obligors' Agent Each Obligor shall promptly inform the Facility Administrative 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 Administrative Agent, confirm to the Facility Administrative Agent that, save as previously notified to the Facility Administrative Agent or as notified in such confirmation, no Event of Default or Potential Event of Default has occurred which is continuingoccurred.

Appears in 1 contract

Samples: Multicurrency Revolving Loan Agreement (Gulfmark Offshore Inc)

Notification of Events of Default. The Obligors' Agent Each of the Obligors 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 which is continuingoccurred.

Appears in 1 contract

Samples: Term Loan Agreement (Arco Chemical Co)

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