Common use of Notice of Default or Event of Default Clause in Contracts

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice thereof to the Lenders, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 27 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (Ascend Wellness Holdings, LLC), Credit and Guaranty Agreement (RadNet, Inc.)

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Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Credit Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders; provided, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 6 contracts

Samples: Credit and Guaranty Agreement (REVA Medical, Inc.), Credit and Guaranty Agreement (Veritone, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent or the Revolving Administrative Agent shall receive such a notice, the Administrative Agent or the Revolving Administrative Agent shall give notice thereof to the Lenders, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent or the Revolving Administrative Agent.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Fmsa Holdings Inc), Credit and Guaranty Agreement (Fmsa Holdings Inc), Credit and Guaranty Agreement (Fmsa Holdings Inc)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party Borrower or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders, ; provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 3 contracts

Samples: Restructuring Support Agreement (Hospitality Investors Trust, Inc.), Credit Agreement (Hospitality Investors Trust, Inc.), Dip Credit Agreement (Hospitality Investors Trust, Inc.)

Notice of Default or Event of Default. No The Administrative Agent shall not be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such the Administrative Agent by a Loan Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice thereof to the Lenders, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Grifols SA), Credit and Guaranty Agreement (Grifols SA)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Credit Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders; provided, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Landec Corp \Ca\), Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice thereof to the Lenders, provided provided, that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Grifols SA), Term Loan Agreement (Globe Specialty Metals Inc)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge Knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Credit Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders; provided, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice 163 thereof to the Lenders, provided provided, that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Grifols SA)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such 161 Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice thereof to the Lenders, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Grifols SA)

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Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Credit Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (P10, Inc.)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent or the Collateral Agent shall receive such a notice, the Administrative Agent or the Collateral Agent shall give notice thereof to the Lenders, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent or the Collateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Fairmount Santrol Holdings Inc.)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice thereof to the Lenders, ; provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Covia Holdings Corp)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Note Party or a LenderPurchaser. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall give notice thereof to the LendersPurchasers, provided that failure to give such notice shall not result in any liability on the part of the Administrative any Agent.

Appears in 1 contract

Samples: Senior Secured Note Purchase Agreement (Vahanna Tech Edge Acquisition I Corp.)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Credit Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders; provided, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent. 9.4.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\)

Notice of Default or Event of Default. No Agent shall be deemed to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to such Agent by a Loan Credit Party or a Lender. In the event that the Administrative Agent shall receive such a notice, the Administrative Agent shall will endeavor to give notice thereof to the Lenders; provided, provided that failure to give such notice shall not result in any liability on the part of the Administrative Agent.. ​

Appears in 1 contract

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

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