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

Notice of Default or Event of Default. promptly, and in any event within five Business Days after a Responsible Officer of either Obligor becomes aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g), a written notice specifying the nature and period of existence thereof and what action the Obligors are taking or propose to take with respect thereto;

Appears in 4 contracts

Samples: Note Purchase Agreement (Sovran Acquisition LTD Partnership), Note Purchase Agreement (Sovran Self Storage Inc), Note Purchase Agreement (Sovran Self Storage Inc)

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Notice of Default or Event of Default. promptly, and in any event within five Business Days after a Responsible Officer of either Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(gsubparagraph (f) without regard to any dollar limitations in such Section 11(g)of Article VII, a written notice specifying the nature and period of existence thereof and what action the Obligors are Borrower is taking or propose proposes to take with respect thereto;

Appears in 4 contracts

Samples: Credit Agreement (Cubic Corp /De/), Credit Agreement (Cubic Corp /De/), Credit Agreement (Cubic Corp /De/)

Notice of Default or Event of Default. promptly, and in any event within five Business Days after a Responsible Officer of either Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g11(f), a written notice specifying the nature and period of existence thereof thereof, whether or not the Company agrees that any claimed default constitutes a Default or Event of Default, and what action the Obligors are Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Alliance Data Systems Corp)

Notice of Default or Event of Default. promptly, and in any event within five Business Days after a Responsible Officer of either Obligor becomes aware (i) has knowledge of the existence of any Default or Event of Default or that (ii) has received (A) any Person has given any written notice of, or taken any action with respect to to, a Default claimed default hereunder or that (B) any Person has given any written notice of, or taken any action with respect to to, a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g11(f), a written notice specifying the nature and period of existence thereof and what action the Obligors are Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Kirby Corp

Notice of Default or Event of Default. promptly, and in any event within five Business Days Days, after a Responsible Officer of either Obligor becomes the Company or the Issuer becoming aware (i) of the existence of any Default or Event of Default Default, or (ii) that any Person has given any written notice or taken any action with respect to a claimed default hereunder or that any Person has given any written notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g11(f), a written notice specifying the nature and period of existence thereof and what action the Obligors Company and/or the Issuer are taking or propose to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Johns Manville Corp /New/)

Notice of Default or Event of Default. promptlyPromptly, and in any event ------------------------------------- within five Business Days after a Responsible Officer of either any Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g8.01(g), a written notice --------------- specifying the nature and period of existence thereof and what action the Obligors are such Obligor is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Western Micro Technology Inc /De)

Notice of Default or Event of Default. promptly, and in any event within five Business Days after a Responsible Officer of either Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g11(e), a written notice specifying the nature and period of existence thereof thereof, whether or not the Company agrees that any claimed default constitutes a Default or Event of Default, and what action the Obligors are Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Energy West Inc)

Notice of Default or Event of Default. promptly, and in any event within five one Business Days Day after a Responsible Officer of either Obligor becomes aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g9(f), a written notice specifying the nature and period of existence thereof and within 5 Business Days after such Responsible Officer becomes so aware, a written description of what action the Obligors are relevant Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Investment and Loan Agreement (Fti Consulting Inc)

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Notice of Default or Event of Default. promptly, and in any event within five Business Days after a Responsible Officer of either Obligor becomes aware of the existence of any Default or Event of Default or that any Person has given expressly asserted in writing or taken any notice remedial action with respect to a claimed Default or Event of Default or that any Person has expressly asserted in writing or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g), a written notice specifying the nature and period of existence thereof and what action the Obligors are Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Diebold Inc)

Notice of Default or Event of Default. promptly, and in any event within five Business Days Days, after a Responsible Officer of either Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person holder has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g11(f) without regard to any dollar limitations (unless the Company reasonably believes in good faith that there is no such Section 11(gdefault), a written notice specifying the nature and period of existence thereof and what action the Obligors are Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Guarantee Agreement (Spirent PLC)

Notice of Default or Event of Default. promptlyPromptly, and in any ------------------------------------- event within five Business Days after a Responsible Officer of either any Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g8.01(f), a written notice specifying the nature and period of --------------- existence thereof and what action the Obligors are such Obligor is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Note Purchase Agreement (Canpartners Inc)

Notice of Default or Event of Default. promptly, and in any event ------------------------------------- EVENT within five Business Days days after a Responsible Officer of either Obligor becomes becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or under the Existing Bank Credit Facility or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(g) without regard to any dollar limitations in such Section 11(g11(f), a A written notice specifying the nature and period of existence thereof and what action the Obligors are Company is taking or propose proposes to take with respect thereto;

Appears in 1 contract

Samples: Supplemental Agreement (Federated Investors Inc /Pa/)

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