Notice of an Event of Default. Upon learning of an Event of Default with respect to this Note, the Company shall within two Trading Days deliver written notice thereof via facsimile or electronic mail and overnight courier (with next day delivery specified) to the Holder
Notice of an Event of Default provide the Holder with prompt written notice of the occurrence of any Event of Default;
Notice of an Event of Default. If any Event of Default or any event which, after notice or lapse of time, determination of materiality or any combination of any of the foregoing would constitute an Event of Default shall have occurred, the Borrower shall forthwith give the Lender notice in writing specifying such Event of Default. However, irrespective of whether or not any such notice is given by the Borrower to the Lender and/or received by the Lender, the Lender’s determination on the occurrence of an Event of Default shall be final and binding on the Borrower and this Clause 11.2 is and shall be without prejudice to Clause 11.3 (Consequences of an Event of Default) of this Agreement.
Notice of an Event of Default. Upon the occurrence of an Event of Default with respect to this Note or any Other Note then outstanding, the Company shall within five (5) Business Days deliver written notice thereof via facsimile or email and overnight courier (with next day delivery specified) (an “Event of Default Notice”) to the Holder. At any time after the occurrence of an Event of Default, the Holder may, by notice to the Company, declare all of the Other Notes to be forthwith due and payable, whereupon the principal and all accrued and unpaid interest thereon, plus all costs of enforcement and collection (including court costs and reasonable attorney’s fees), shall immediately become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Company
Notice of an Event of Default. The Corporation shall, within two (2) Business Days of becoming aware of the occurrence of an Event of Default, deliver written notice thereof via facsimile and overnight courier (with next day delivery specified) (an “Event of Default Notice”) to the Holders.
Notice of an Event of Default. If either Lender intends to declare a Default under any of the Loan Agreements to which such Lender is a party, such Lender shall give prompt notice of such intention to the other Lender, which notice shall set forth in reasonable detail the circumstances known to the sender with respect to such Event of Default. TSVLP hereby agrees that it will not send notice to GCC of an Event of Default under the TSVLP Security Agreement so long as GCC timely makes the monthly debt service payments required under the TSVLP Note, Globex has not provided written notice to GCC of an election not to make further advances of funds to GCC set forth in the Globex Agreements, and no third party creditor(s) attempts to foreclose or otherwise collect on the Collateral or to force GCC into any involuntary bankruptcy, insolvency or similar proceedings. Globex hereby agrees to forebear exercising any foreclosure rights under the Globex Collateral Agreements through and including the Maturity Date (as defined in the Globex Agreements), so long as no Events of Default have occurred hereunder or thereunder; provided, however, that Globex shall be entitled to participate and to exercise all rights it has to the full extent of the Globex Collateral Agreements in the event that (a) TSVLP shall undertake any action to enforce its rights under the TSVLP Collateral Agreements, or (b) any third party shall exercise any rights of foreclosure or other collection action against the Collateral.
Notice of an Event of Default. To: Holders of 7. 00% Equity Subordinated Debentures due December 31, 2006 (the “Debentures”) of Telesystem International Wireless Inc. (the “Company”) Notice is hereby given pursuant to Section 4.03 of the Indenture dated as of February 15, 1999 between the Company and Montreal Trust Company of Canada, as trustee (the “Trustee”) as amended, that as a result of an Event of Default (as defined in the Indenture) having occurred on , each $250 in principal amount of Debentures are convertible, at the option of the holder thereof, on the date of receipt by the Trustee of the deposit contemplated by Section 4.04 of the Indenture into that number of Freely Tradeable Subordinate Voting Shares obtained by dividing the principal amount of the Debenture (as such term is defined in the Indenture) and accrued and unpaid interest, by the greater of the Maturity Conversion Price and 95% of the Current Market Price of the Subordinate Voting Shares on the day of receipt by the Trustee of the deposit contemplated by Section 4.04 of the Indenture. The Current Market Price will be equal to the Weighted Average Trading price of Subordinate Voting Shares on The Toronto Stock Exchange for the 20 consecutive trading days ending on or immediately prior to [the fourth trading day prior to the date of receipt by the Trustee of the deposit contemplated by Section 4.04] (the “Current Market Price of Subordinate Voting Shares). [Pursuant to Section [4.03(2)] of the Trust Indenture, the Company hereby irrevocably elects to pay to holders of Debentures who have elected to convert their Debentures cash equal to the Conversion Value of such Debentures in lieu of the conversion of such Debentures into Subordinate Voting Shares]. A Holder who elects to convert his Debentures will be required to deliver to [the Trustee/alternate conversion agent] at any of the following corporate trust offices: [set out addresses of corporate trust offices in Toronto, Montreal, Calgary and Vancouver] before the close of business on on an Early Conversion Date (as such term is defined in the Indenture) a conversion notice in the form annexed hereto duly completed and executed by such holder or his executors or administrators or other legal representatives or his or their attorney duly appointed by instrument in form and execution satisfactory to the Trustee, together with the Debentures to which such notice relates. DATED: ______________________ SCHEDULE “E-2” TO THE SUPPLEMENTAL INDENTURE DATED FEBRUARY 5, 2...
Notice of an Event of Default. Each of the Credit Parties will immediately give notice to the Lender as soon as it obtains knowledge of any Event of Default and outline in reasonable detail in such notice the action it is taking to remedy any such Event of Default.
Notice of an Event of Default. Upon the occurrence of (i) an Event of Default with respect to this Note, and (ii) any Event of Default occurs under the Senior Loan Documents (as defined in the Subordination Agreement), the Company shall within two (2) Business Days deliver written notice thereof via facsimile and overnight courier (with next day delivery specified) (an “Event of Default Notice”) to the Holder. Subject to the terms of the Subordination Agreement, at any time after the earlier of the Holder’s receipt of an Event of Default Notice and the Holder becoming aware of an Event of Default, the Holder may, by notice to the Company, declare this Note to be forthwith due and payable, whereupon the Principal and all accrued and unpaid PIK Interest thereon, plus all costs of enforcement and collection (including court costs and reasonable attorney’s fees), shall immediately become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Company. No course of dealing on the part of the Holder nor any delay or failure on the part of the Holder to exercise any right shall operate as waiver of such right or otherwise prejudice such Holder’s rights, power and remedies.
Notice of an Event of Default. Upon the occurrence of an Event of Default, the Company shall within three (3) Business Days deliver written notice thereof (an “Event of Default Notice”) to the Holder. At any time after the earlier of the Holder’s receipt of an Event of Default Notice and the Holder becoming aware of an Event of Default, the Holder may, by notice to the Company and subject to any limitations in the Subordination Agreement, declare this Note to be forthwith due and payable, whereupon the Principal, plus all reasonable costs of enforcement and collection (including court costs and reasonable attorney’s fees), shall immediately become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Company.
