Subordinated Default Notice. The Company shall provide Collateral Agent with a Subordinated Default Notice upon the occurrence of each Subordinated Default, and the Company shall notify Collateral Agent in the event such Subordinated Default is cured or waived.
Appears in 3 contracts
Samples: Subordination Agreement (Mru Holdings Inc), Subordination Agreement (Mru Holdings Inc), Subordination Agreement (Mru Holdings Inc)
Subordinated Default Notice. The Subordinated Creditors and the Company shall provide the Collateral Agent with a Subordinated Default Notice upon the occurrence of each Subordinated Default, and the Company Subordinated Creditors shall notify the Collateral Agent in the event such Subordinated Default is cured or waived.
Appears in 2 contracts
Samples: Note Purchase Agreement (Teekay Offshore Partners L.P.), Note Purchase Agreement (Teekay LNG Partners L.P.)
Subordinated Default Notice. The Subordinated Creditor and the Company each shall provide the Collateral Agent with a Subordinated Default Notice upon the occurrence of each Subordinated Default, and the Company Subordinated Creditor shall notify the Collateral Agent in the event such Subordinated Default is cured or waived.
Appears in 1 contract
Subordinated Default Notice. The Company shall provide Collateral Agent with a Subordinated Default Notice upon the occurrence of each Subordinated Default, and the Company Subordinated Creditors shall notify Collateral Agent in the event such Subordinated Default is cured or waived.
Appears in 1 contract