Common use of Notice by the Credit Union Clause in Contracts

Notice by the Credit Union. (a) The Credit Union shall give prompt written notice to the Holders of the Senior Subordinated Securities of any fact known to the Credit Union that would prohibit the making of any payment of monies in respect of the Senior Subordinated Securities pursuant to the provisions of this Article VII.

Appears in 36 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement

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Notice by the Credit Union. (a) The Credit Union shall give prompt written notice to the Holders of the Senior Subordinated Securities Debt of any fact known to the Credit Union that would prohibit the making of any payment of monies in respect of the Senior Subordinated Securities Debt pursuant to the provisions of this Article VII.VII.β€Œβ€Œ

Appears in 2 contracts

Samples: Securities Purchase Agreement, Securities Purchase Agreement

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Notice by the Credit Union. (a) The Credit Union shall give prompt written notice to the Holders of the Senior Subordinated Securities Debt of any fact known to the Credit Union that would prohibit the making of any payment of monies in respect of the Senior Subordinated Securities Debt pursuant to the provisions of this Article VII.

Appears in 1 contract

Samples: Securities Purchase Agreement

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