Common use of Shareholder and creditor notices Clause in Contracts

Shareholder and creditor notices. Upon the occurrence of an Event of Default each Borrower will send to the Agent, at the same time as they are despatched, copies of all communications which are despatched to that Xxxxxxxx’s members or creditors or any class of them.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

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Shareholder and creditor notices. Upon the occurrence of an Event of Default each Borrower will send to the Agent, at the same time as they are despatched, copies of all communications which are despatched to that XxxxxxxxBorrower’s members or creditors or any class of them.

Appears in 2 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

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