Common use of Requirement of Notice Clause in Contracts

Requirement of Notice. A Finance Party may not make any claim against a Guarantor unless such Finance Party has first delivered a written notice to the relevant Borrower notifying it of its failure to perform its payment obligations under the Finance Documents.

Appears in 5 contracts

Samples: Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa), Agreement (Luxottica Group Spa)

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Requirement of Notice. A Finance Party may not make any claim against a Guarantor unless such Finance Party has first delivered a written notice to the relevant Borrower notifying it of its failure to perform its payment obligations under the Finance Documents.

Appears in 2 contracts

Samples: Term Facility Agreement (Luxottica Group Spa), Bridge Facility Agreement (Luxottica Group Spa)

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