Notification of Event of Default Sample Clauses

Notification of Event of Default. The Facility Agent hereby undertakes to promptly notify the Lenders, and the Lenders hereby promptly undertake to notify the Facility Agent and the other Lenders, of the existence of any Event of Default which shall have occurred and be continuing of which such party has actual knowledge.
Notification of Event of Default. The Grant Recipient shall furnish to both the State Entity and the Commissioner of Management and Budget, as soon as possible and in any event within 7 calendar days after it has obtained knowledge of the occurrence of each Event of Default or each event which with the giving of notice or lapse of time or both would constitute an Event of Default, a statement setting forth details of each Event of Default or event which with the giving of notice or upon the lapse of time or both would constitute an Event of Default and the action which the Grant Recipient proposes to take with respect thereto.
Notification of Event of Default. The Borrower shall promptly inform the Agent of the occurrence of any event which is or may become (with the passage of time, the giving of notice, the making of any determination hereunder or any combination thereof) an Event of Default and, upon receipt of a written request to that effect from the Agent, promptly deliver to the Agent a written confirmation given by a duly authorised officer of the Borrower to the effect that, save as previously notified to the Agent or as notified in such confirmation, no such event has occurred.
Notification of Event of Default. The Parent shall notify the Agent of any Event of Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of it.
Notification of Event of Default. Borrower shall notify Agent promptly, in any event within three (3) Business Days, of the occurrence of any Event of Default.
Notification of Event of Default. The Borrower will promptly inform the Lender of any event which constitutes or may constitute an Event of Default or which may adversely affect the Borrower’s ability to perform its obligations under this Agreement.
Notification of Event of Default. Each of the Borrower and the Guarantor will immediately notify the Agent in writing of the occurrence of any Event of Default or Potential Event of Default or any event which will materially adversely affect the Borrower's or the Guarantor's ability to perform its obligations under this Agreement or the ability of any of the other Security Parties or any Principal Subsidiary to perform any of their obligations under any of the Security Documents to which they are a party or may become a party to.
Notification of Event of Default. The Borrowers will immediately notify the Agent in writing of the occurrence of any Event of Default or Potential Event of Default.