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

Notice of Default, Litigation, etc. (i) The Company shall furnish to the Trustee as soon as possible and in any event within five (5) Business Days after the discovery by any executive officer of the Company of any Default, a certificate setting forth the details of such Default, and the action which the Company proposes to take with respect thereto.

Appears in 5 contracts

Samples: Series H Loan Agreement (Sjit Inc), Loan Agreement (Sjit Inc), Series J Loan Agreement (Sjit Inc)

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Notice of Default, Litigation, etc. (i) The Company shall furnish to the Trustee as soon as possible and in any event within five (5) Business Days after the discovery by any executive officer of the Company of any Event of Default, a certificate setting forth the details of such Event of Default, and the action which the Company proposes to take with respect thereto.

Appears in 1 contract

Samples: Installment Sale Agreement (NPR Inc)

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Notice of Default, Litigation, etc. (i) The Company shall furnish to the Trustee as soon as possible and in any event within five (5) Business Days after the discovery by any executive officer of the Company of any Default, a certificate setting forth the details of such Default, Default and the action which the Company proposes to take with respect thereto.

Appears in 1 contract

Samples: Jersey Economic Development Authority (Sjit Inc)

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