Common use of Default Notices Clause in Contracts

Default Notices. (i) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event having had a Material Adverse Effect or having any reasonable likelihood of causing or resulting in a Material Adverse Change, the U.S. Borrower shall give the Administrative Agent notice specifying the nature of such Default or Event of Default 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

Appears in 3 contracts

Samples: Credit Agreement (FMC Corp), Credit Agreement (FMC Corp), Credit Agreement (FMC Corp)

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Default Notices. (i) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any the Borrower or Holdings has actual knowledge of the existence of any Default, Event of Default or other event having had a Material Adverse Effect or having any reasonable likelihood of causing or resulting in a Material Adverse Change, the U.S. Borrower or Holdings, as applicable, shall give the Administrative Agent notice specifying the nature of such Default or Event of Default 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.

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure CO LLC), Credit Agreement (Macquarie Infrastructure CO LLC)

Default Notices. (i) As soon as practicable, and in any event within five one (1) Business Days Day after a Responsible Officer an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event having which has had or could reasonably be expected to have a Material Adverse Effect or having default by any reasonable likelihood Person in payment or other performance of causing its obligations with respect to Collateral, telephonic or resulting in a Material Adverse Change, the U.S. Borrower shall give the Administrative Agent telecopied notice specifying the nature of such Default or Event of Default or other eventevent or default, including the anticipated effect thereof, which notice, if given by telephonetelephonically, shall be promptly confirmed in writing on the next Business Day; and;

Appears in 2 contracts

Samples: Credit Agreement (Sr Telecom Inc), Credit Agreement (Sr Telecom Inc)

Default Notices. (i) As soon as practicable, and in any event within five (5) Business Days after a Responsible Officer responsible officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event having had a Material Adverse Effect or having any reasonable likelihood of causing or resulting in a Material Adverse Change, the U.S. Borrower LiventArcadium shall give the Administrative Agent notice specifying the nature of such Default or Event of Default 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

Appears in 2 contracts

Samples: Credit Agreement (Livent Corp.), Credit Agreement (Arcadium Lithium PLC)

Default Notices. (i) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event having had a Material Adverse Effect or having any reasonable likelihood of causing or resulting in a Material Adverse Change, the U.S. Borrower shall give the Administrative Agent notice specifying the nature of such Default or Event of Default 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; andand TERM LOAN AGREEMENT FMC CORPORATION

Appears in 1 contract

Samples: Term Loan Agreement (FMC Corp)

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Default Notices. (i) As To Administrative Agent and Lenders, as --------------- soon as practicable, and in any event within five (5) Business Days after a Responsible Officer an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default Default, material default under any of the leases listed on Disclosure Schedule (3.6) or other event having which has had a Material Adverse Effect ------------------------- Effect, telephonic or having any reasonable likelihood of causing or resulting in a Material Adverse Change, the U.S. Borrower shall give the Administrative Agent telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given by telephonetelephonically, shall be promptly confirmed in writing on the next Business Day; and;

Appears in 1 contract

Samples: Credit Agreement (Bon Ton Stores Inc)

Default Notices. (i) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Borrower Holdings or the Borrowers has actual knowledge of the existence of any Default, Event of Default or other event having had a Material Adverse Effect or having any reasonable likelihood of causing or resulting in a Material Adverse Change, the U.S. Borrower Borrowers (or after the Conversion Date, the Term Borrower) shall give the Administrative Agent notice specifying the nature of such Default or Event of Default 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.

Appears in 1 contract

Samples: Credit Agreement (Prologis)

Default Notices. (i) As soon as practicable, and in any event within five Business Days after a Responsible Officer of any Borrower Party has actual knowledge Knowledge of the existence of any Potential Default, Event of Default Default, default under the Ground Lease, any of the Management Agreements or the Option Agreement, or other event having had a Material Adverse Effect or having any reasonable likelihood of causing or resulting in a Property Material Adverse ChangeEffect, the U.S. Borrower shall give the Administrative Agent notice specifying the nature of such Potential Default or Event of Default Default, default 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.

Appears in 1 contract

Samples: Credit Agreement (Station Casinos LLC)

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