Defaults under Material Agreements. Immediately upon receipt, copies of any notice to any Credit Party of claimed default by any third party to any Credit Party with respect to or by any Credit Party of any material lease or agreement to which any Credit Party is a party that involves payments in excess of $500,000 individually or in the aggregate per annum or involves property of any Credit Party having a value in excess of $500,000 individually or in the aggregate.
Appears in 3 contracts
Samples: Credit Agreement (Curative Health Services Inc), Security Agreement (Curative Health Services Inc), Credit Agreement (Curative Health Services Inc)
Defaults under Material Agreements. Immediately upon receipt, copies of any notice to any Credit Party of claimed default by any third party to any Credit Party with respect to or by any Credit Party of any material lease or agreement to which any Credit Party is a party that involves payments in excess of $500,000 250,000 individually or in the aggregate per annum or involves property of any Credit Party having a value in excess of $500,000 250,000 individually or in the aggregate.
Appears in 2 contracts
Samples: Credit Agreement (Medical Staffing Network Holdings Inc), Credit Agreement (Medical Staffing Network Holdings Inc)
Defaults under Material Agreements. Immediately Promptly upon receipt, copies of any notice to any Credit Party of claimed default by any third party to any Credit Party with respect to or by any Credit Party of any material lease or other material agreement to which any Credit Party is a party that involves payments in excess of $500,000 250,000 individually or in the aggregate per annum or involves property of any Credit Party having a value in excess of $500,000 250,000 individually or in the aggregate.
Appears in 1 contract
