Default Disclosure Sample Clauses
Default Disclosure. The Company shall forthwith, upon a Responsible Officer of the Company obtaining knowledge of an Event of Default or Default, promptly deliver to Lender a Certificate of a Responsible Officer specifying the nature and period of existence thereof and what action the Company proposes to take with respect thereto.
Default Disclosure. (a) Borrower shall forthwith, upon a Responsible Officer of Borrower obtaining knowledge of an Event of Default or Default, promptly deliver to each Lender a certificate of a Responsible Officer specifying the nature and period of existence thereof and what action Borrower proposes to take with respect thereto.
(b) Borrower shall forthwith, upon a Responsible Officer of Borrower obtaining knowledge of a Securitization Default, deliver to each Lender a certificate of a Responsible Officer specifying the nature and period of existence thereof, what action the defaulting party proposes to take with respect thereto, and what action Borrower proposes to take with respect thereto.
Default Disclosure. 12 ii 3 ARTICLE VII NEGATIVE COVENANTS..............................................12 7.1 Debt to Tangible Equity Ratio.......................................12
Default Disclosure. Borrower shall forthwith, upon a Responsible Officer of Borrower obtaining knowledge of an Event of Default or Default, promptly deliver to Lender a certificate of a Responsible Officer specifying the nature and period of existence thereof and what action the Borrower proposes to take with respect thereto.
Default Disclosure. 36 6.4 Notices to Lenders and the Collateral Agent..................................................36 6.5
Default Disclosure. 11 ARTICLE VI.