Notification of prescribed events. (a) If an Event of Default or Default under the Credit Facility Agreement or a Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Agent and the Intercreditor Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security Agent.
Appears in 3 contracts
Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Crown Entertainment LTD)
Notification of prescribed events. (a) If an Event of Default or Default under the a Credit Facility Agreement or a Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Agent and the Intercreditor Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security Agent.
Appears in 2 contracts
Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Resorts & Entertainment LTD)
Notification of prescribed events. (a) If an Event of Default or Default under the a Super Senior Credit Facility Agreement Document or a Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Security Agent and the Intercreditor Security Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security AgentCreditor.
Appears in 2 contracts
Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)
Notification of prescribed events. (a) If an Event of Default or a Default under the Credit Facility Agreement or a Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Security Agent and the Intercreditor Security Agent shall, upon receiving that notification, notify each other Primary Creditor Representative and the Common Security Agenteach Hedge Counterparty.
Appears in 2 contracts
Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)
Notification of prescribed events. (a) If an Event of Default or Default under the a Credit Facility Agreement Document or a Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Security Agent and the Intercreditor Security Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security AgentCreditor.
Appears in 1 contract
Notification of prescribed events. (a) If an Event of Default or Default under the a Credit Facility Agreement Document or a Pari Passu Debt Senior Secured Note Document or Second Lien Note Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Security Agent and the Intercreditor Security Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security AgentRepresentative.
Appears in 1 contract
Notification of prescribed events. (a) If an Event of Default or Default under the a Credit Facility Agreement Document or a Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon promptly after becoming aware of that occurrence or cessation, notify the Intercreditor Security Agent and the Intercreditor Security Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security AgentRepresentative.
Appears in 1 contract
Notification of prescribed events. (a) If an Event of Default or Default under the a Credit Facility Agreement Document or a Pari Passu Debt Notes Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Common Security Agent and the Intercreditor Common Security Agent shall, upon receiving that notification, notify each other Primary Creditor Representative and the Common Security Agenteach Hedge Counterparty.
Appears in 1 contract
Samples: Intercreditor Agreement
Notification of prescribed events. (a) If an Event of Default or Default under the Credit Facility Agreement or a Pari Passu Debt Document either occurs or ceases to be continuing continuing, the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Intercreditor Common Security Agent and the Intercreditor Common Security Agent shall, upon receiving that notification, notify each other Primary Creditor and the Common Security AgentCreditor.
Appears in 1 contract