Common use of Significant Events Clause in Contracts

Significant Events. As soon as possible and in any event within two (2) Business Days after a Responsible Officer becomes aware of the occurrence of each Event of Default, each Unmatured Event of Default and each Servicer Termination Event, a written statement, signed by a Responsible Officer, setting forth the details of such event and the action that the Borrower proposes to take with respect thereto;

Appears in 5 contracts

Samples: Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.)

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Significant Events. As soon as possible and in any event within two (2) Business Days after a Responsible Officer becomes aware, or should have become aware of of, the occurrence of each Event of Default, Default and each Unmatured Event of Default and each Servicer Termination EventDefault, a written statement, signed by a Responsible Officer, setting forth the details of such event and the action that the Borrower proposes to take with respect thereto;

Appears in 5 contracts

Samples: Credit Agreement (Runway Growth Credit Fund Inc.), Credit Agreement (Runway Growth Finance Corp.), Credit Agreement (Runway Growth Credit Fund Inc.)

Significant Events. As soon as possible and in any event within two three (23) Business Days after a Responsible Officer becomes aware obtains Knowledge of the occurrence of each a Default or Event of Default, each Unmatured Event of Default and each Servicer Termination Event, a written statement, signed by a Responsible Officer, setting forth the details of such event and the action that the such Borrower proposes to take with respect thereto;

Appears in 3 contracts

Samples: Mezzanine Loan and Security Agreement (Offerpad Solutions Inc.), Mezzanine Loan and Security Agreement (Offerpad Solutions Inc.), Mezzanine Loan and Security Agreement (Supernova Partners Acquisition Company, Inc.)

Significant Events. As soon as possible and in any event within two three (23) Business Days after a Responsible Officer becomes aware of the occurrence of each Event of DefaultServicer Termination Event, each Unmatured Event of Default and each Servicer Termination EventUnmatured Event of Default, a written statement, signed by a Responsible Officer, setting forth the details of such event and the action that the Borrower proposes to take with respect thereto;

Appears in 1 contract

Samples: Credit Agreement (Brightwood Capital Corp I)

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Significant Events. As soon as possible and in any event within two three (23) Business Days after a Responsible Officer becomes aware obtains Knowledge of the occurrence of each a Default or Event of Default, each Unmatured Event of Default and each Servicer Termination Event, a written statement, signed by a Responsible Officer, setting forth the details of such event and the action that the Borrower such Xxxxxxxx proposes to take with respect thereto;

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Offerpad Solutions Inc.)

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