Common use of Default Notices Clause in Contracts

Default Notices. (a) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default or Event of Default, the Borrower shall give the Administrative Agent notice specifying the nature of such Default or Event of Default, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice).

Appears in 5 contracts

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Amc Entertainment Inc)

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Default Notices. (a) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default or Event of Default, the Borrower Company shall give the Administrative Agent notice specifying the nature of such Default or Event of Default, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice).

Appears in 3 contracts

Samples: Credit Agreement (Marquee Holdings Inc.), Credit Agreement (Marquee Holdings Inc.), Credit Agreement (Amc Entertainment Inc)

Default Notices. (a) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Defaultother event having had a Material Adverse Effect, the Borrower Parent shall give the Administrative Agent notice specifying the nature of such Default or Event of Default, including the anticipated effect thereofDefault or other event, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 2 contracts

Samples: Credit Agreement (Prestige Brands Holdings, Inc.), Credit Agreement (Prestige Brands International, Inc.)

Default Notices. (a) As soon as practicable, and in any event within five two Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Default, the Borrower other event which has had a Material Adverse Effect Group shall give the Administrative Agent notice specifying the nature of such Default or Event of DefaultDefault or other event, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

Default Notices. (a) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Defaultany other event which has had a Material Adverse Effect, the Borrower Group shall give the Administrative Agent notice specifying the nature of such Default or Event of DefaultDefault or other event, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

Default Notices. (a) As soon as practicable, and in any event within five two Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Defaultother event which has had a Material Adverse Effect, the Borrower Group shall give the Administrative Agent notice specifying the nature of such Default or Event of DefaultDefault or other event, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Warnaco Group Inc /De/)

Default Notices. (a) As soon as practicable, and in any event within five two Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Defaultany other event which has had a Material Adverse Effect, the Borrower Group shall give the each Administrative Agent notice specifying the nature of such Default or Event of DefaultDefault or other event, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

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Default Notices. (ae) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default or Event of Default, the Borrower shall give the Administrative Agent notice specifying the nature of such Default or Event of Default, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice).

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Inc)

Default Notices. (a) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Defaultother event having had a Material Adverse Effect, the Administrative Borrower shall give the Administrative Agent notice specifying the nature of such Default or Event of DefaultDefault or other event, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Default Notices. (a) As soon as practicable, and in any event within five 5 Business Days after a Responsible Officer of any Loan Party has actual knowledge of the existence of any Default, Event of Default or Event of Defaultother event or condition having had a Material Adverse Effect, the Administrative Borrower shall give the Administrative Agent notice specifying the nature of such Default or Event of DefaultDefault or other event or condition, including the anticipated effect thereof, which notice, if given by telephone, shall be promptly confirmed in writing on the next Business Day (and the Administrative Agent will forward to or post on the Approved Electronic Platform for the Lenders any such written notice)Day.

Appears in 1 contract

Samples: Credit and Security Agreement (Tousa Inc)

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