Common use of Notice of Default, Litigation, etc Clause in Contracts

Notice of Default, Litigation, etc. The Borrower shall give prompt notice (with a description in reasonable detail sufficient to enable the Administrative Agent and its counsel to evaluate the nature of and period of existence thereof and of the actions which the Borrower has taken and proposes to take with respect thereto) to the Administrative Agent of:

Appears in 7 contracts

Samples: Credit Agreement (FS Global Credit Opportunities Fund), Credit Agreement (FS Global Credit Opportunities Fund-D), Credit Agreement (FS Energy & Power Fund)

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Notice of Default, Litigation, etc. The Borrower shall will give prompt notice (with a description in reasonable detail sufficient to enable the Administrative Agent and its counsel to evaluate the nature of and period of existence thereof and of the actions which the Borrower has taken and proposes to take with respect theretodetail) to the Administrative Agent and each Lender of:

Appears in 2 contracts

Samples: Credit Agreement (Amc Entertainment Inc), Pledge Agreement (Amc Entertainment Inc)

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