Common use of Default Notices Clause in Contracts

Default Notices. Each Borrower shall furnish to the Administrative Agent prompt written notice upon its becoming aware of any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Howmet Aerospace Inc.), Credit Agreement (Howmet Aerospace Inc.), Revolving Credit Agreement (Howmet Aerospace Inc.)

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Default Notices. Each The Borrower shall furnish to the Administrative Agent prompt written notice upon its becoming aware of any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto.

Appears in 4 contracts

Samples: Term Loan Agreement (Howmet Aerospace Inc.), Term Loan Agreement (Howmet Aerospace Inc.), Assignment and Assumption (Alcoa Inc)

Default Notices. Each Borrower shall furnish to the Administrative Agent prompt written notice upon its becoming aware of any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto.”

Appears in 2 contracts

Samples: Credit Agreement (Alcoa Inc), Amendment Agreement (Alcoa Inc)

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Default Notices. Each The Borrower shall furnish to provide the Administrative Agent prompt with written notice upon its becoming aware of the occurrence of any Default or Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Texas Genco Holdings Inc)

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