Common use of Notice of Defaults and Events of Default Clause in Contracts

Notice of Defaults and Events of Default. As soon as possible and, in any event, within 15 days after the occurrence of each Default and Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

Appears in 4 contracts

Samples: Line of Credit, Security and Pledge Agreement (Allied Capital Lending Corp), Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

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Notice of Defaults and Events of Default. As soon as possible and, and in any event, event within 15 five (5) days after the occurrence of each Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower Company with respect thereto;.

Appears in 3 contracts

Samples: Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc)

Notice of Defaults and Events of Default. As soon as possible and, and in any event, event within 15 five (5) days after the occurrence of each Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

Appears in 2 contracts

Samples: Loan Agreement (One Liberty Properties Inc), Credit Agreement (Central Reserve Life Corp)

Notice of Defaults and Events of Default. As soon as possible and, practicable and in any event, event within 15 five days after the occurrence of each Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower Borrowers with respect thereto;

Appears in 1 contract

Samples: Loan Agreement (Lynch Corp)

Notice of Defaults and Events of Default. As soon as possible and, and in any event, event within 15 30 days after the occurrence of each a Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;.

Appears in 1 contract

Samples: Loan Agreement (Artistic Greetings Inc)

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Notice of Defaults and Events of Default. As soon as possible and, and in any event, event within 15 days ten (10) Business Days after the occurrence of each Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Standard Management Corp)

Notice of Defaults and Events of Default. As soon as possible and, and in any event, event within 15 ten (10) days after the occurrence of each Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto, including but not limited to any event of default to any other party;

Appears in 1 contract

Samples: Term Loan Agreement (Carey International Inc)

Notice of Defaults and Events of Default. As soon as possible and, and in any event, event within 15 five(5) days after the occurrence of each Default and or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect thereto;

Appears in 1 contract

Samples: Agented Revolving Credit Agreement (Crown Group Inc /Tx/)

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