Common use of Default Notices Clause in Contracts

Default Notices. As soon as practicable, and in any event within five Business Days after an Authorized Officer of the Borrower has actual knowledge of the existence thereof, telephonic or telecopied notice of each of the following events, in each case specifying the nature and anticipated effect thereof and what action, if any, the Borrower proposes to take with respect thereto, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day:

Appears in 15 contracts

Samples: Funding Agreement (Td Synnex Corp), Funding Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Rexnord Corp)

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Default Notices. As soon as practicable, and in any event within five Business Days after an Authorized Officer of the Borrower has actual knowledge of the existence thereof, telephonic or telecopied notice of each of the following events, in each case specifying the nature and anticipated effect thereof and what action, if any, the Borrower proposes to take with respect thereto, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day:Borrower

Appears in 1 contract

Samples: Funding Agreement (Td Synnex Corp)

Default Notices. As soon as practicable, and in any event within five Business Days after an Authorized Executive Officer of the Borrower has actual knowledge of the existence thereof, telephonic or telecopied notice of each of the following events, in each case specifying the nature and anticipated effect thereof and what action, if any, the Borrower any Credit Party proposes to take with respect thereto, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day:

Appears in 1 contract

Samples: Credit Agreement (Consolidated Freightways Corp)

Default Notices. As soon as practicable, and in any event within five Business Days after an Authorized Officer of the Borrower has actual knowledge of the existence thereof, telephonic or telecopied notice of each of the following events, in each case specifying the nature and anticipated effect thereof and what action, if any, the Borrower proposes to take with respect thereto, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day:with

Appears in 1 contract

Samples: Funding Agreement (Td Synnex Corp)

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Default Notices. As soon as practicable, and in any event within five (5) Business Days after an Authorized Officer of the Borrower has actual knowledge of the existence thereofthereof or has received notice of the same from the Servicer pursuant to Section 2.1(o) of the Servicing Agreement, telephonic or telecopied emailed notice of each of the following events, in each case specifying the nature and anticipated effect Credit and Security Agreement thereof and what action, if any, the Borrower proposes to take with respect thereto, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day:

Appears in 1 contract

Samples: Credit and Security Agreement (Alpha Natural Resources, Inc.)

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