Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereof.
Appears in 15 contracts
Samples: Credit Agreement (Teletech Holdings Inc), Assignment and Acceptance Agreement (Bea Systems Inc), Credit Agreement (Nautilus, Inc.)
Knowledge of Default. It is expressly understood and agreed that if the Agent has not been notified by the Borrower in writing that an Event of Default or Potential Default has occurred, the Agent shall be entitled to assume that no Default or Event of Default or Potential Default has occurred, occurred and is continuing unless the Agent has been notified by a Lender Bank in writing that such Lender believes Bank considers that a an Event of Default or Event of Potential Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 8 contracts
Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 7 contracts
Samples: Credit and Security Agreement (Ultralife Corp), Credit and Security Agreement (Regional Brands Inc.), Credit Agreement (Steris Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by a Borrower pursuant to Section 5.14 hereof.
Appears in 4 contracts
Samples: Credit Agreement (Applied Industrial Technologies Inc), Credit Agreement (IHS Inc.), Credit Agreement (Applied Industrial Technologies Inc)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by a Borrower pursuant to Section 5.14 hereof.
Appears in 3 contracts
Samples: Credit and Security Agreement (MTC Technologies Inc), Credit Agreement (Schulman a Inc), Credit and Security Agreement (MTC Technologies Inc)
Knowledge of Default. It is expressly understood and agreed that the Agent shall be entitled to assume that no Default or Event of Default or Potential Default has occurred, occurred and is continuing unless the Agent has been notified by a Lender Bank or the Borrowers in writing that such Lender believes Bank or the Borrowers consider that a an Event of Default or Event of Potential Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 3 contracts
Samples: Credit Agreement (Baker Michael Corp), Loan Agreement (Baker Michael Corp), Loan Agreement (Baker Michael Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower Borrowers pursuant to Section 5.14 5.13 hereof.
Appears in 2 contracts
Samples: Credit Agreement (Nordson Corp), Assignment and Assumption Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower Borrowers pursuant to Section 5.14 5.09 hereof.
Appears in 2 contracts
Samples: Credit Agreement (Nordson Corp), Credit Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 5.13 hereof.
Appears in 2 contracts
Samples: Credit Agreement (Nordson Corp), Assignment and Assumption Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 1 contract
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 5.13 hereof.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Standard Register Co)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 5.11 hereof.
Appears in 1 contract
Samples: Credit Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereof.
Appears in 1 contract
Samples: Credit Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 5.10 hereof.
Appears in 1 contract
Samples: Term Loan Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that The Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred and is continuing, unless the Agent has been notified in writing by a Lender in writing or the Borrower that such Lender believes or Borrower considers that a Default or an Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 1 contract
Samples: Financing and Security Agreement (Fti Consulting Inc)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender Bank in writing that such Lender Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower Borrowers pursuant to Section 5.14 5.10 hereof.
Appears in 1 contract
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default or Potential Default has occurredoccurred and is continuing, unless Agent has been notified by a Lender Bank in writing that such Lender believes Bank considers that a an Event of Default or Event of Potential Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 1 contract
Samples: Loan Agreement (Tuscarora Inc)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender in writing that such Lender Xxxxxx believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower Borrowers pursuant to Section 5.14 5.09 hereof.
Appears in 1 contract
Samples: Term Loan Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 5.09 hereof.
Appears in 1 contract
Samples: Term Loan Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that The Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred and is continuing, unless the Agent has been notified in writing by a Lender in writing or the Borrowers that such Lender believes or Borrowers considers that a Default or an Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 1 contract
Samples: Financing and Security Agreement (Fti Consulting Inc)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has shall have been notified by a Lender Borrower or a Bank in writing that such Lender Borrower or Bank believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 1 contract
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurredoccurred (other than an Event of Default under Section 7.01 hereof), unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 5.10 hereof.
Appears in 1 contract
Samples: Term Loan Agreement (Nordson Corp)
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender in writing that such Lender Xxxxxx believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof or has been notified by Borrower pursuant to Section 5.14 hereofthereof.
Appears in 1 contract
Knowledge of Default. It is expressly understood and agreed that Agent shall be entitled to assume that no Default or Event of Default has occurred, unless Agent has been notified by a Lender in writing that such Lender believes that a Default or Event of Default has occurred and is continuing and specifying the nature thereof thereof, or has been notified in writing by a Borrower pursuant to Section 5.14 hereof.
Appears in 1 contract