Common use of Officer's Knowledge of Default Clause in Contracts

Officer's Knowledge of Default. Upon any officer of the Borrower obtaining knowledge of any Default or Event of Default hereunder or under any other obligation of the Borrower or any Subsidiary cause such officer or an Authorized Representative to promptly notify the Lender of the nature thereof, the period of existence thereof, and what action the Borrower or such Subsidiary proposes to take with respect thereto.

Officer's Knowledge of Default. Upon any senior executive officer of the Borrower obtaining knowledge of any Default or Event of Default hereunder or under any other obligation of the Borrower or any Subsidiary to any Lender, cause such officer or an Authorized Representative a Responsible Officer to promptly notify the Lender Agent of the nature thereof, the period of existence thereof, and what action the Borrower or such Subsidiary proposes to take with respect thereto.

Officer's Knowledge of Default. Upon any Authorized Representative or executive officer of the Borrower obtaining knowledge of any Default or Event of Default hereunder or under any other obligation of the Borrower or any Subsidiary cause such officer or an Authorized Representative Subsidiary, promptly deliver to promptly notify the Lender of the nature Agent written notice thereof, the period of existence thereof, and what action the Borrower or such Subsidiary proposes to take with respect thereto.

Officer's Knowledge of Default. Upon any officer Authorized Representative of the Borrower obtaining knowledge of any Default or Event of Default hereunder or under any other obligation of the Borrower or any Subsidiary cause such officer or an Authorized Representative to Subsidiary, promptly notify the Lender Agent of the nature thereof, the period of existence thereof, and what action the Borrower or such Subsidiary proposes to take with respect theretothereto and stating that such notice is a "notice of default."