Common use of Events of Default, Etc Clause in Contracts

Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, any officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this Agreement, (b) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e), (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 and 5 of such Form as in effect on the date hereof) or (d) of any condition or event which has had or could reasonably be expected to have a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually), an Officer's Certificate specifying the nature and period of existence of such condition or event, or specifying the notice given or action taken by such holder or Person and the nature of such claimed default, Event of Default, Default, event or condition, and what action the Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 4 contracts

Samples: Credit Agreement (Paxson Communications Corp), Credit Agreement (Paxson Communications Corp), Credit Agreement (Paxson Communications Corp)

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Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, upon any officer of the Borrower Issuer obtaining knowledge of (aA) of any condition or event that constitutes a Default or an Event of Default or Default, or becoming aware that any Lender or the Agent Holder has given any notice or taken any other action with respect to a claimed Default or Event of Default or Default under this AgreementDefault, (bB) that any Person has given violation of any notice to the Borrower law, statute, rule, regulation or ordinance of any Governmental Authority, or of any agency thereof, binding on Parent or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e), (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 and 5 of such Form as in effect on the date hereof) or (d) of any condition or event which has had or could reasonably be expected to have a Material Adverse Effect Effect, (whichC) any condition or event that could reasonably be expected to result in a violation or breach of the terms or conditions of any FCC License, for such purposesUnderlying License or Spectrum Lease, shall be determined with respect to or result in the Borrower individually)termination, invalidity or loss of any material rights under any FCC License, Underlying License or Spectrum Lease or (D) the occurrence of any event or change that has caused or evidences, either in any case or in the aggregate, a Material Adverse Effect, an Officer's ’s Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed defaultDefault, Event of Default, Defaultdefault, event or condition, and what action the Borrower Issuer or other Note Party has taken, is taking and proposes to take with respect thereto;

Appears in 3 contracts

Samples: Exchange Agreement (NextWave Wireless Inc.), Note Purchase Agreement (NextWave Wireless Inc.), Purchase Agreement (NextWave Wireless Inc.)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer Responsible Officer ----------------------- of the Borrower Holdings or Company obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice (other than to Administrative Agent) or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower Holdings or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower Holdings or Company with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) if Holdings or Company were required to file such reports under the Exchange Act, or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower Holdings or Company has taken, is taking and proposes to take with respect thereto;

Appears in 3 contracts

Samples: Revolving Credit Agreement (Anthony Crane Holdings Capital Corp), Credit Agreement (Sealy Corp), Credit Agreement (Anthony Crane Holdings Capital Corp)

Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, upon any officer of the Borrower Borrowers obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice (other than to the Administrative Agent) or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower or any of its Borrowers and their Restricted Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower Borrowers with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereofClosing Date) if the Borrowers were required to file such reports under the Exchange Act, or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower has Borrowers have taken, is are taking and proposes propose to take with respect thereto;

Appears in 2 contracts

Samples: Credit Agreement (Las Vegas Sands Corp), Credit Agreement (Las Vegas Sands Inc)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer of the Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower COPT or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e), (c) Article 7 of any condition or event that would be required constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to be disclosed in a current report filed by any Indebtedness of COPT and its Subsidiaries (other than the Borrower Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with the Securities and Exchange Commission on Form 8-K (Items 1respect thereto has given any notice or taken any other action with respect to such condition or event, 2, 4 and 5 of such Form as in effect on the date hereof) or (d) of the occurrence of any condition event or event which change that has had had, or could reasonably be expected to have have, either individually or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower has Loan Parties have taken, is are taking and proposes propose to take with respect thereto;

Appears in 2 contracts

Samples: Assignment Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, Responsible Officer of any officer of the Borrower Credit Agreement Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice (other than to Administrative Agent) or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower Holdings or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower any Credit Agreement Party with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) if such Credit Agreement Party were required to file such reports under the Exchange Act, or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower Holdings or any of its Subsidiaries has taken, is taking and proposes to take with respect thereto;

Appears in 2 contracts

Samples: Credit Agreement (Dominos Inc), Credit Agreement (Dominos Inc)

Events of Default, Etc. promptly upon, but and in any event no later than two Business Days days after, any officer of the Parent or Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice (other than to Administrative Agent) or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower Parent or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Parent or Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) if Parent or Borrower were required to file such reports under the Exchange Act, or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the each of Parent and Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 2 contracts

Samples: Credit Agreement (CFP Holdings Inc), Credit Agreement (CFP Holdings Inc)

Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, upon any officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) or if Borrower were required to file such reports under the Exchange Act, (d) of any condition resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event which has had or change, that individually or in the aggregate could reasonably be expected expect to have a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's ’s Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 2 contracts

Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer Responsible Officer of the Borrower obtaining knowledge (aA) of any condition or event that constitutes an Event of Default or Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this Agreement, (bB) that any Person creditor has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (eSECTION 7.1(B), (cC) unless provided pursuant to clause (iv) above, of any condition or event that would be is required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission SEC on Form 8-K K, (Items 1D) of the occurrence of any event or change that has had, 2or would reasonably be expected to have, 4 and 5 of such Form as in effect on the date hereof) a Material Adverse Effect, or (dE) of any condition or event that constitutes a default or an event of default (or any condition with which has had the passing of time or could reasonably be expected to have the giving of notice or both would, unless cured or waived, become a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)default or event of default) under any material Contractual Obligation, an Officer's Certificate specifying the nature and period of existence of such condition Default, Event of Default, condition, event or eventchange (including with respect to notices under clause (A) of this SECTION 5.1(B)(V), specific references to all provisions of the Loan Documents under which the Default or Event of Default has occurred) or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Default, default, event or condition, as the case may be, and in any such case, what action the Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Loan Agreement (Frontier Airlines Inc /Co/)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer Officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice to Borrower or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 8.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) or if Borrower were required to file such reports under the Exchange Act, (d) of any condition resignation or dismissal of Borrower’s independent accountant, (e) of any Change of Control, (f) of any individual or series of related Asset Sales, issuances of Capital Stock or receipt of Net Insurance/Condemnation Proceeds aggregating in excess of $10,000,000, or (g) of the occurrence of any event which has had or change, that individually or in the aggregate could reasonably be expected expect to have a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's ’s Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer of the Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower COPT or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e), (c) Article of any condition or event that would be required constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to be disclosed in a current report filed by any Indebtedness of COPT and its Subsidiaries (other than the Borrower Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with the Securities and Exchange Commission on Form 8-K (Items 1respect thereto has given any notice or taken any other action with respect to such condition or event, 2, 4 and 5 of such Form as in effect on the date hereof) or (d) of the occurrence of any condition event or event which change that has had had, or could reasonably be expected to have have, either individually or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower has Loan Parties have taken, is are taking and proposes propose to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

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Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer of the Borrower Loan Party obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower COPT or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e), (c) Article 7 of any condition or event that would be required constitutes or may (upon the giving or receiving of notice or the lapse of time, later, or otherwise) a default, a potential event of default, an event of default (in each case, as defined in the agreement or instrument creating, evidencing or governing any such Indebtedness) under or with respect to be disclosed in a current report filed by any Indebtedness of COPT and its Subsidiaries (other than the Borrower Indebtedness hereunder), or becoming aware that any agent, trustee, lender or security holder with the Securities and Exchange Commission on Form 8-K (Items 1respect thereto has given any notice or taken any other action with respect to such condition or event, 2, 4 and 5 of such Form as in effect on the date hereof) or (d) of the occurrence of any condition event or event which change that has had had, or could reasonably be expected to have have, either individually or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the COPT and Borrower has have taken, is are taking and proposes propose to take with respect thereto;

Appears in 1 contract

Samples: Assignment Agreement (Corporate Office Properties Trust)

Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, upon any officer of the Borrower ----------------------- Company obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice (other than to Administrative Agent) or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower Holdings or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 9.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower Holdings or Company with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) if Holdings or Company were required to file such reports under the Exchange Act, or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower Holdings or Company has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Wec Co)

Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, Promptly upon any officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) of any condition or event that constitutes an event of default under the Opco Credit Documents, or becoming aware that the administrative agent under the Opco Credit Agreement or any holder of debt issued under the Opco Credit Agreement has given any notice or taken any other action with respect to a claimed default under the Opco Credit Documents, (c) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)7.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 and 5 of such Form as in effect on the date hereof) or (d) of the occurrence of any condition event or event which change that has had caused or evidences, or that could reasonably be expected to have cause or evidence, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's ’s Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Defaultdefault, event or condition, and what action the Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Courtside Acquisition Corp)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, Officer of any officer of the Borrower Obligor obtaining knowledge (aA) of any condition or event that constitutes an Event of Default or Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this Agreement, (bB) that any Person creditor has given any notice to the Borrower or any of its Subsidiaries Obligor or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e7.1(b), (cC) of any condition or event that would be required to be disclosed in a current report filed by the Borrower an Obligor with the Securities and Exchange Commission SEC on Form 8-K if such Person were required to file such reports under the Exchange Act, (Items 1D) of the occurrence of any event or change that has had, 2or would reasonably be expected to have, 4 and 5 of such Form as in effect on the date hereof) a Material Adverse Effect, or (dE) of any condition or event that constitutes a default or an event of default (or any condition with which has had the passing of time or could reasonably be expected to have the giving of notice or both would, unless cured or waived, become a Material Adverse Effect default or event of default) under any material Contractual Obligation (whichincluding, for such purposeswithout limitation, shall be determined with respect to the Borrower individuallyAir Mobility Command Agreement), an Officer's ’s Certificate specifying the nature and period of existence of such condition Default, Event of Default, condition, event or eventchange (including with respect to notices under clause (A) of this Section 5.1(b)(v), specific references to all provisions of the Loan Documents under which the Default or Event of Default has occurred) or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Default, default, event or condition, and what action the Borrower or other applicable Obligor has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Loan Agreement

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, any officer Responsible Officer ----------------------- of the Borrower Holdings or Company obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender or the Agent has given any notice (other than to Administrative Agent) or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower Holdings or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 7.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower Holdings or Company with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 4, 5 and 5 6 of such Form as in effect on the date hereof) if Holdings or Company were required to file such reports under the Exchange Act, or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either in any case or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Borrower Holdings or Company has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Sealy Corp)

Events of Default, Etc. promptly upon, but in upon any event no later than two Business Days after, Responsible Officer of Company or any officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Potential Event of Default, or becoming aware that any Lender Lender, or the any Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this AgreementPotential Event of Default, (b) that any Person has given any notice to the Borrower Company or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e)subsection 7.2, (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower Company with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 and 5 6 of such Form as in effect on the date hereof) (information required to be disclosed on Form 8-K shall be sent to Lenders when sent for filing with the Securities and Exchange Commission), or (d) of the occurrence of any condition event or event which change that has had caused or could reasonably be expected to have evidences, either individually or in the aggregate, a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually)Effect, an Officer's Officers' Certificate specifying the nature and period of existence of such condition condition, event or eventchange, or specifying the notice given or action taken by any such holder or Person and the nature of such claimed default, Event of Default, Potential Event of Default, default, event or condition, and what action the Company and each Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Homestake Mining Co /De/)

Events of Default, Etc. promptly upon, but in any event no later than two Business Days after, any officer of the Borrower obtaining knowledge (a) of any condition or event that constitutes an Event of Default or Default, or becoming aware that any Lender or the Agent has given any notice or taken any other action with respect to a claimed Event of Default or Default under this Agreement, (b) that any Person has given any notice to the Borrower or any of its Subsidiaries or taken any other action with respect to a claimed default or event or condition of the type referred to in Section 7(b) and (e), (c) of any condition or event that would be required to be disclosed in a current report filed by the Borrower with the Securities and Exchange Commission on Form 8-K (Items 1, 2, 4 and 5 of such Form as in effect on the date hereof) if the Borrower were a filing Person under the rules thereof or (d) of any condition or event which has had or could reasonably be expected to have a Material Adverse Effect (which, for such purposes, shall be determined with respect to the Borrower individually), an Officer's Certificate specifying the nature and period of existence of such condition or event, or specifying the notice given or action taken by such holder or Person and the nature of such claimed default, Event of Default, Default, event or condition, and what action the Borrower has taken, is taking and proposes to take with respect thereto;

Appears in 1 contract

Samples: Paxson Pledge Agreement (Paxson Communications Corp)

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