Common use of Default Notices Clause in Contracts

Default Notices. As soon as practicable (but in any event not more than five (5) Business Days after any Responsible Officer of Borrower obtains knowledge of the occurrence of an event or the existence of a circumstance giving rise to an Event of Default or a Default), notice of any and all Events of Default or Defaults hereunder;

Appears in 5 contracts

Samples: Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/), Credit Agreement (Lawson Products Inc/New/De/)

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Default Notices. As soon as practicable (but in any event not more than five (5) Business Days days after any Responsible Officer officer of such Borrower obtains knowledge of the occurrence of an event or the existence of a circumstance giving rise to an Event of Default or a Default), notice of any and all Events of Default or Defaults hereunder;Defaults.

Appears in 3 contracts

Samples: Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp), Loan and Security Agreement (Abc Rail Products Corp)

Default Notices. As soon as practicable (but in any event not more than five (5) two Business Days after any Responsible Authorized Officer of the Borrower obtains knowledge of the occurrence of an event or the existence of a circumstance giving rise to a Default or an Event of Default or a Default), notice of any and all Defaults or Events of Default or Defaults hereunderDefault;

Appears in 2 contracts

Samples: Loan and Security Agreement (Louisville Gas & Electric Co /Ky/), Loan and Security Agreement (Louisville Gas & Electric Co /Ky/)

Default Notices. As soon as practicable (but in any event not more than five (5) Business Days days after any Responsible Officer officer of Borrower or any Subsidiary obtains knowledge of the occurrence of an event or the existence of a circumstance giving rise to an Event of Default or a Default), notice of any and all Events of Default or Defaults hereunder;

Appears in 2 contracts

Samples: Loan and Security Agreement (Webco Industries Inc), Loan and Security Agreement (Webco Industries Inc)

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Default Notices. As soon as practicable (but in any event not --------------- more than five (5) Business Days after the President or Chief Financial Officer or any Responsible Authorized Officer of Borrower obtains knowledge of the occurrence of an event or the existence of a circumstance giving rise to an Event of Default or a Default), notice of any and all Events of Default or Defaults hereunder;

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Numerics Inc)

Default Notices. As soon as practicable (but in any event not more than five (5) Business Days days after any Responsible Authorized Officer of Borrower obtains knowledge of the occurrence of an event or the existence of a circumstance giving rise to an Event of Unmatured Default or a Default), notice of any and all Events of Default Unmatured Defaults or Defaults hereunder;

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Products Corp /De/)

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