Common use of Default Notices Clause in Contracts

Default Notices. As soon as possible and in any event within five Business Days after any Responsible Officer of the Borrower becomes aware of the occurrence of any Default continuing on the date of such statement, a statement of a Responsible Officer of the Borrower setting forth the details of such Default or event, development or occurrence and, in each case, the actions, if any, which the Borrower has taken and proposes to take with respect thereto.

Appears in 6 contracts

Samples: Credit Agreement (Allegheny Energy, Inc), Assignment and Assumption Agreement (Allegheny Energy, Inc), Credit Agreement (Allegheny Energy, Inc)

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Default Notices. As soon as possible and in any event within five Business Days after any Responsible Officer of the Borrower becomes aware of the occurrence of each Default or any Default event, development or occurrence reasonably likely to have a Material Adverse Effect, in each case, continuing on the date of such statement, a statement of a Responsible Officer of the Borrower setting forth the details of such Default or event, development or occurrence and, in each case, the actions, if any, which the Borrower has taken and proposes to take with respect thereto.

Appears in 3 contracts

Samples: Common Terms Agreement (Allegheny Energy Supply Co LLC), Common Terms Agreement (Allegheny Energy Supply Co LLC), Credit Agreement (Allegheny Energy, Inc)

Default Notices. As soon as possible and in any event within five Business Days after any of a Responsible Officer of the Borrower becomes aware obtaining knowledge of the occurrence of any a Default continuing on the date or Event of such statementDefault which is continuing, a statement of a Responsible Officer of the Borrower setting forth the details of such Default or event, development or occurrence and, in each case, Event of Default and the actions, if any, which action that the Borrower has taken and proposes to take with respect thereto.

Appears in 2 contracts

Samples: Credit Agreement (Phinia Inc.), Credit Agreement (Phinia Inc.)

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Default Notices. As soon as possible and in any event within five Business Days after any Responsible Officer of the Borrower becomes aware of the occurrence of any Default continuing on the date of such statement, a statement of a Responsible Officer of the Borrower setting forth the details of such Default or event, development or occurrence and, in each case, the actions, if any, which the Borrower has taken and proposes to take with respect thereto.. 67 WPPC Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy, Inc)

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