Common use of Valid Notice Clause in Contracts

Valid Notice. Any notice of any sale, lease, other disposition, or other intended action by the Banks shall be reasonable if it is given to Borrower at least ten days in advance of the intended disposition or other intended action.

Appears in 2 contracts

Sources: Loan and Security Agreement (Gsi Group Inc), Loan and Security Agreement (Gsi Group Inc)

Valid Notice. Any notice of any sale, lease, other disposition, or ------------- other intended action by the Banks shall be reasonable if it is given to Borrower at least ten days in advance of the intended disposition or other intended action.

Appears in 1 contract

Sources: Loan and Security Agreement (Gsi Group Inc)