Notification of Exposure Sample Clauses
The Notification of Exposure clause requires a party to promptly inform the other party when it becomes aware of a potential risk, liability, or incident that could impact the agreement. Typically, this involves written notice within a specified timeframe after discovering the exposure, such as a data breach, regulatory investigation, or safety incident. By mandating timely communication, this clause ensures that both parties can respond appropriately to emerging risks, thereby minimizing potential damages and facilitating coordinated action.
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 15, the Security Agent shall send notice to each Hedge Counterparty, each Operating Facility Lender and each relevant Agent (on behalf of the relevant Senior Secured Creditors) requesting that it notify it of, respectively, its Exposure and that of each Senior Secured Creditor (if any).
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 19 (Equalisation), the Security Agent shall send notice to each Hedge Counterparty, the Senior Agent (on behalf of the Senior Lenders), each Senior Secured Notes Representative (on behalf of the Senior Secured Notes Creditors) and each Pari Passu Debt Representative (on behalf of the Pari Passu Creditors) requesting that it notify the Security Agent of, respectively, its Exposure, the Exposure of each Senior Secured Notes Creditor, the Exposure of each Pari Passu Creditor and the Exposure of each Senior Lender (if any).
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 17, the Security Agent shall send notice to each Cash Management Facility Creditor (or to the respective Cash Management Facility Agent (if appointed) on their behalf) each Hedge Counterparty, the Senior Agent (on behalf of the Senior Lenders), the Super Senior Agent (on behalf of the Super Senior Lenders), each Senior Secured Notes Trustee (on behalf of the relevant Senior Secured Notes Creditors), each Second Lien Agent (on behalf of the relevant Second L▇▇▇ ▇▇▇▇▇▇▇ and Second Lien Arrangers), each Second Lien Notes Trustee (on behalf of the relevant Second Lien Notes Creditors) and each Topco Agent (on behalf of the relevant Topco Creditors) requesting that it notify the Security Agent of, respectively, its Senior Secured Exposure, the Senior Secured Exposure of each Senior Secured Notes Creditor (if any), the Senior Secured Exposure of each Senior Lender (if any), the Super Senior Exposure of each Super Senior Lender (if any), the Second Lien Exposure of each Second Lien Creditor (if any) and the Topco Exposure of each Topco Creditor (if any).
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 20, the Intercreditor Agent shall send notice to each Hedge Counterparty and the Credit Facility Agent requesting that it notify the Intercreditor Agent of, respectively, its Exposure and that of each Credit Facility Lender (if any).
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Article XI, the Relevant Designated Representative shall send notice to the Senior Secured Parties requesting that it notify the Relevant Designated Representative of, respectively, its Exposure and that of each Senior Secured Party (if any).
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 16 (Equalisation), the Security Agent shall send notice to the RCF Agent (on behalf of the RCF Finance Parties) the relevant Creditor Representative (on behalf of any other Super Senior Creditor) and each Hedge Counterparty requesting that it notify it of, respectively, its exposure and that of each Super Senior Creditor (if any).
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 15 (Equilisation), the Security Agent shall send notice to each Hedge Counterparty, the OeKB Agent (on behalf of the OeKB Lenders), the Bond Trustee (on behalf of the Bondholders) and the RCF Agent (on behalf of the RCF Finance Parties) requesting that it notify it of, respectively, its exposure and that of each Senior Creditor (if any).
Notification of Exposure. If a Bargaining Unit member sustains a significant exposure to the blood or body fluids of another person in the line of duty, the member will complete a notification of exposure to a contagious or infectious disease.
Notification of Exposure. Before each occasion on which it intends to implement the provisions of this Clause 18, the Security Agent shall send notice to each Hedge Counterparty and the relevant Creditor Representative (on behalf of the Credit Facility Lenders) requesting that it notify it of, respectively, its Exposure and that of each Credit Facility Lender (if any).
Notification of Exposure. Before each occasion on which the provisions of this Clause 17 shall be implemented, the relevant Creditor Representative shall send notice to the Credit Facility Lenders notifying them of the Exposure of each Credit Facility Lender (if any).