Common use of Notification of default Clause in Contracts

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 135 contracts

Samples: Agreement (Kronos Worldwide Inc), Agreement (KNOT Offshore Partners LP), Facility Agreement (Diana Containerships Inc.)

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Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 36 contracts

Samples: Amendment and Restatement Agreement (Ferguson PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Agreement (Las Vegas Sands Corp)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided to the Facility Agent by another Obligor).

Appears in 14 contracts

Samples: Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC)

Notification of default. (a) Each Obligor shall, and shall procure that each other Transaction Obligor shall, notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 14 contracts

Samples: Junior Facility Agreement (Global Ship Lease, Inc.), Facilities Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor)occurrence.

Appears in 11 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (WNS (Holdings) LTD), Agreement (DHT Holdings, Inc.)

Notification of default. (a) Each Obligor shall notify the Agent Agent, of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 11 contracts

Samples: Credit Facilities Agreement (Gold Fields LTD), Assignment Agreement (Gold Fields LTD), Assignment Agreement (Gold Fields LTD)

Notification of default. (a) Each Obligor shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor)occurrence.

Appears in 10 contracts

Samples: Facility Agreement (Huang Julia), Agreement (Freeseas Inc.), Facility Agreement (McGraw-Hill Global Education Intermediate Holdings, LLC)

Notification of default. (a) Each Obligor shall notify the Agent of any Default which is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 6 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a the Agent has received such notification has already been provided by from another Obligor).

Appears in 6 contracts

Samples: Credit Agreement (Sappi LTD), Facility Agreement (Sappi LTD), Facility Agreement (Sappi LTD)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of the relevant Obligor finally determining its occurrence in good faith (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 5 contracts

Samples: And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC)

Notification of default. (a) Each Obligor shall notify the Agent of any Event of Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 5 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Senior Term Facilities Agreement (NeoGames S.A.), Facility Agreement (Northstar Realty Finance Corp.)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that such a notification has already been provided by another Obligor).

Appears in 5 contracts

Samples: Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Luxfer Holdings PLC)

Notification of default. (a) Each Obligor shall notify the Agent of any continuing Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 5 contracts

Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (Melco Crown Entertainment LTD)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 5 contracts

Samples: Facilities Agreement (Shire Ltd.), Agreement (Shire PLC), Facilities Agreement (Shire Pharmaceuticals Group PLC)

Notification of default. (a) 20.7.1 Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 4 contracts

Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)

Notification of default. (a) Each Obligor shall notify the COFACE Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 4 contracts

Samples: Confidential Treatment (Iridium Communications Inc.), Confidential Treatment (Iridium Communications Inc.), Coface Facility Agreement (Iridium Communications Inc.)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor it is aware that a notification another Obligor has already been provided by another Obligorsuch notification).

Appears in 4 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that such a notification has already been provided by another Obligor).

Appears in 3 contracts

Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Facilities Agreement (RISE Education Cayman LTD)

Notification of default. (a) Each The Company and each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 3 contracts

Samples: Intercreditor Agreement (Manchester United PLC), Amendment and Restatement Agreement (Manchester United PLC), Facilities Agreement (Manchester United Ltd.)

Notification of default. (a) Each Obligor shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor it is aware that a notification has already been provided by another Obligor).

Appears in 3 contracts

Samples: Agreement (Hafnia LTD), Agreement (Hafnia LTD), Agreement (Hafnia LTD)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) it promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 3 contracts

Samples: Agreement (Mitchells & Butlers PLC), Facility Agreement (Intercontinental Hotels Group PLC /New/), Intercontinental Hotels Group PLC /New/

Notification of default. (a) 20.8.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 3 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Notification of default. (a) Each Obligor shall notify the BPIAE Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications Inc.)

Notification of default. (a) 22.5.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Mercer International Inc), Agreement (Mercer International Inc.)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon and, in any event, within three Business Days of becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Nordic Telephone CO ApS), Senior Facilities Agreement (Nordic Telephone CO ApS)

Notification of default. (a) Each Relevant Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: And Restatement Agreement (Melco Crown Entertainment LTD), Restatement Agreement (Melco Crown Entertainment LTD)

Notification of default. (a) Each Primary Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Primary Obligor is aware that a notification has already been provided by another Primary Obligor).

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Notification of default. (ai) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

Notification of default. (a) Each Obligor The Obligors shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor)occurrence.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default which is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA)

Notification of default. (aA) Each Obligor shall notify the Agent and the Arranger of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Rockley Photonics Holdings LTD), Agreement (Rockley Photonics Holdings LTD)

Notification of default. (a) Each Obligor shall notify the Administrative Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware has proven that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Letter of Credit Facility Agreement (Flowserve Corp), Agreement (Flowserve Corp)

Notification of default. (a) 20.6.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Facilities Agreement (Elbit Imaging LTD), And Restatement Agreement (Central European Distribution Corp)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence occur­rence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

Notification of default. (a) Each Obligor and the Parent shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor or the Parent is aware that a notification has already been provided by another ObligorObligor or the Parent).

Appears in 2 contracts

Samples: Agreement (New Frontier Public Holding Ltd.), Intercreditor Agreement (New Frontier Health Corp)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a the Agent has received such notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Amending Agreement (Sappi LTD), Credit Agreement (Sappi LTD)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that the Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Facility Agreement (VTTI Energy Partners LP), Facility Agreement

Notification of default. (a) 20.2.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 2 contracts

Samples: Agreement (Marconi Corp PLC), Agreement (Marconi Corp PLC)

Notification of default. (a) Each Obligor shall notify the Agent of any Default or Event of Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor Borrower is aware that a notification has already been provided by another ObligorBorrower).

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP)

Notification of default. (a) 20.6.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).. 20.6.2

Appears in 1 contract

Samples: ICL Group Ltd.

Notification of default. (a) 20.7.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Agreement (AVG Technologies N.V.)

Notification of default. (a) Each Obligor shall notify the DIP Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Possession Credit Agreement (Eagle Bulk Shipping Inc.)

Notification of default. (a) 19.5.1 Each Obligor (or the Obligors' Agent on its behalf) shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: www.workspace.co.uk

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken or to be taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Common Terms Agreement (Sedibelo Resources LTD)

Notification of default. (a) 21.9.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Assignment Agreement (Enstar Group LTD)

Notification of default. (a) 20.13 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another the other Obligor).

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Assignment Agreement (Marine Harvest ASA)

Notification of default. (a) Each ABB and each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: November 2003 (Abb LTD)

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Notification of default. (a) 22.9.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Penske Automotive Group, Inc.)

Notification of default. (a) 21.6.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Central European Distribution Corp)

Notification of default. (a) Each Obligor shall notify the Agent in writing of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (StarTek, Inc.)

Notification of default. (a) 21.4.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another ObligorMaterial Project Party).

Appears in 1 contract

Samples: Facility Agreement (Las Vegas Sands Corp)

Notification of default. (a) 21.8.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Assignment Agreement (Enstar Group LTD)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).. Back to Contents

Appears in 1 contract

Samples: Agreement (Wolseley PLC)

Notification of default. (a) Each Obligor shall notify the Agent Agents of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (International Textile Group Inc)

Notification of default. (a) 23.10.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that such a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Management Agreement (Sunrise Senior Living Inc)

Notification of default. (a) 22.8.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (Central European Distribution Corp)

Notification of default. (a) Each Obligor shall notify the Agent of any Default which is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Notes Purchase Agreement (Membership Collective Group Inc.)

Notification of default. (a) Each Obligor shall notify the Agent of any Event of Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor)occurrence.

Appears in 1 contract

Samples: Agreement (Reckitt Benckiser Group PLC)

Notification of default. (aA) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Agreement (Endava PLC)

Notification of default. (a) Each Obligor shall notify the Agent Holders of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Subscription Agreement (Radius Global Infrastructure, Inc.)

Notification of default. (a) Each Obligor shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) it promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

Notification of default. (a) Each Obligor shall notify the Agent of any Default or Exclusive US Obligor Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Law (Pernod Ricard S a /Fi)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (occurrence, unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Waterford Wedgwood PLC)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor it is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Randstad North America, L.P.

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another ObligorObligor or by the Obligors’ Agent).

Appears in 1 contract

Samples: Agreement (Sequa Corp /De/)

Notification of default. (a) Each Obligor shall notify the Agent of any Default that is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Orion Engineered Carbons S.a r.l.)

Notification of default. (a) Each Obligor shall notify the Agent and the Security Agent of any Default (and the steps, if any, being taken to remedy it) promptly as soon as reasonably practicable upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Agreement (Digital Landscape Group, Inc.)

Notification of default. (a) Each Obligor shall notify the each Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Terms Agreement (Sunpower Corp)

Notification of default. (a) 25.8.1 Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence and in any event within five days after becoming aware of the occurrence of such Default (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification regarding such Default has already been provided by another Obligor).

Appears in 1 contract

Samples: Assignment Agreement (Shire PLC)

Notification of default. (a) Each Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) it promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).. Back to Contents

Appears in 1 contract

Samples: Agreement (Intercontinental Hotels Group PLC /New/)

Notification of default. (a) 20.9.1 Each Obligor shall notify the Administrative Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (Equinix Inc)

Notification of default. (a) Each Obligor shall notify the Senior Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (Anooraq Resources Corp)

Notification of default. (a) Each Relevant Obligor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) (including, without limitation, any failure to pay Tax when due) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).

Appears in 1 contract

Samples: Facilities Agreement (Melco PBL Entertainment (Macau) LTD)

Notification of default. (a) Each Obligor shall notify the Agent of any Default which is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence (unless that Obligor is aware that a notification has already been provided by another Obligor).. |EU-DOCS\34803319.2||

Appears in 1 contract

Samples: Notes Purchase Agreement (Membership Collective Group Inc.)

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