Common use of Notice to Secured Parties Clause in Contracts

Notice to Secured Parties. The Collateral Agent shall -------------------------- promptly notify each Representative and Unrepresented Holder in the event it shall receive any Notice of Enforcement or any Notice of Cancelation of Enforcement or any request by any party hereto or by any Loan Party for any consent, waiver or amendment with respect hereto or any other Support Document. Upon being notified by the Collateral Agent of any such Notice of Enforcement or Notice of Cancelation of Enforcement, each Representative shall notify each Secured Party that it represents of such Notice of Enforcement or Notice of Cancelation of Enforcement.

Appears in 3 contracts

Samples: Collateral Agency and Intercreditor Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc)

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Notice to Secured Parties. The Collateral Agent ------------------------- shall -------------------------- promptly notify each Representative and Unrepresented Holder in the event it shall receive any Notice of Enforcement or any Notice of Cancelation of Enforcement or any request by any party hereto or by any Loan Party for any consent, waiver or amendment with respect hereto or any other Support Document. Upon being notified by the Collateral Agent of any such Notice of Enforcement or Notice of Cancelation of Enforcement, each Representative shall notify each Secured Party that it represents of such Notice of Enforcement or Notice of Cancelation of Enforcement.

Appears in 1 contract

Samples: Security Agreement (Leap Wireless International Inc)

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