Common use of Parties to Give Notice Clause in Contracts

Parties to Give Notice. In case of any material damage to or destruction of all or any part of the Plant, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent and the Trustee. In case of a taking or proposed taking of all or any part of the Plant, the Project Site or any right therein by Eminent Domain, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent and the Trustee. Each such notice shall describe generally the nature and extent of such damage, destruction, taking, loss, proceeding or negotiations.

Appears in 1 contract

Samples: Loan Agreement (Medical Action Industries Inc)

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Parties to Give Notice. In case of any material damage to or destruction of all or any part of the Plant, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent Issuer and the Trustee. In case of a taking or proposed taking of all or any part of the Plant, the Project Site or any right therein by Eminent Domain, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent Issuer and the Trustee. Each such notice shall describe generally the nature and extent of such damage, destruction, taking, loss, proceeding or negotiations.

Appears in 1 contract

Samples: Loan Agreement (Dollar Tree Stores Inc)

Parties to Give Notice. In case of any material damage to or destruction of all or any part of the Plant, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent Issuer and the Trustee. In case of a taking or proposed taking of all or any part of the Plant, the Project Facility Site or any right therein by Eminent Domain, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent Issuer and the Trustee. Each such notice shall describe generally the nature and extent of such damage, destruction, taking, loss, proceeding or negotiations.

Appears in 1 contract

Samples: Loan Agreement (Lunn Industries Inc /De/)

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Parties to Give Notice. In case of any material damage to or destruction of all or any part of the Plant, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent Bank and the Trustee. In case of a taking or proposed taking of all or any part of the Plant, the Project Site or any right therein by Eminent Domain, the Borrower shall give prompt notice thereof to the Issuer, the Paying Agent Bank and the Trustee. Each such notice shall describe generally the nature and extent of such damage, destruction, taking, loss, proceeding or negotiations.

Appears in 1 contract

Samples: Loan Agreement (Genlyte Group Inc)

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