Common use of Notification of prescribed events Clause in Contracts

Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security Agent.

Appears in 4 contracts

Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.)

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Notification of prescribed events. (a) If an a Senior Event of Default either occurs or ceases to be continuing continuing, the relevant Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify the other Agents, each Operating Facility Lender and each Hedge Counterparty.

Appears in 3 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Notification of prescribed events. (a) If an Event of Default or Default either occurs or ceases to be continuing continuing, the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security Agent.

Appears in 2 contracts

Samples: Agreement (Danaos Corp), Facility Agreement (Hoegh LNG Partners LP)

Notification of prescribed events. (aA) If an Event of Default either occurs or ceases to be continuing the relevant Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security and Intercreditor Agent and the Secondary Security and Intercreditor Agent shall, upon receiving that notification, notify each other Agent.

Appears in 2 contracts

Samples: Intercreditor and Security Sharing Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Notification of prescribed events. (a) If an Event of a Default either occurs or ceases to be continuing the relevant Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Agent and each Hedge Counterparty.

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the Facility Agent shall, upon becoming aware of that such occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving such notification, notify each Senior Hedge Counterparty.

Appears in 1 contract

Samples: Intercreditor Agreement (Home Inns & Hotels Management Inc.)

Notification of prescribed events. (a) If an a Revolving Facility Event of Default either occurs or ceases to be continuing the relevant Revolving Agent shall, upon becoming aware of that occurrence or cessation, notify the Security Trustee and the Security Trustee shall, upon receiving that notification, notify each Hedge Counterparty, the Security Agent and the Secondary Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

Notification of prescribed events. (a) If an a Revolving Event of Default either occurs or ceases to be continuing the relevant Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify the other Agents, each Operating Facility Lender and each Hedge Counterparty.

Appears in 1 contract

Samples: Intercreditor Agreement

Notification of prescribed events. (a) If an Event of a Revolving Facility Default either occurs or ceases to be continuing the relevant Revolving Agent shall, upon becoming aware of that occurrence or cessation, notify the Security Trustee and the Security Trustee shall, upon receiving that notification, notify each Hedge Counterparty, the Security Agent and the Secondary Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

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Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Bondholders Agent and Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Hedge Counterparty and each Cash Management Provider.

Appears in 1 contract

Samples: Intercreditor Agreement

Notification of prescribed events. (a) If an Event of a Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Hedge Counterparty.

Appears in 1 contract

Samples: Intercreditor Agreement

Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the each Note Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Creditor.

Appears in 1 contract

Samples: Atento Luxco 1

Notification of prescribed events. (a) If an Event of a Default either occurs or ceases to be continuing under a Debt Document, the Agent or the relevant Hedge Counterparty (as applicable) shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each other Party.

Appears in 1 contract

Samples: Intercreditor Agreement

Notification of prescribed events. (aA) If an Event of Default either occurs or ceases to be continuing the Facility Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Hedging Counterparty.

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

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