Common use of Event of Default; Notice Clause in Contracts

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice, provided, that, except in the case of a default in

Appears in 14 contracts

Samples: Guarantee Agreement (Entegra Financial Corp.), Guarantee Agreement (Macon Financial Corp.), Guarantee Agreement (Placer Sierra Bancshares)

AutoNDA by SimpleDocs

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence hereunder of a default, transmit to the Trust, the Note Holders, the Company and the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this Section 2.4, providedthe term “default” means any event that is, thator after notice or lapse of time or both would become, except in the case an Event of a default inDefault.

Appears in 9 contracts

Samples: Parent Guarantee Agreement (New York Mortgage Trust Inc), Parent Guarantee Agreement (Novastar Financial Inc), Parent Guarantee Agreement (Deerfield Triarc Capital Corp)

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this Section 2.4, providedthe term “default” means any event that is, thator after notice or lapse of time or both would become, except in the case an Event of a default inDefault.

Appears in 6 contracts

Samples: Guarantee Agreement (American Equity Investment Life Holding Co), Guarantee Agreement (American Equity Investment Life Holding Co), Guarantee Agreement (Geovera Insurance Holdings, Ltd.)

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence hereunder of a default, transmit to the Trust, the Note Holders, the Company and the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this Section 2.4, provided, that, except in the case of a default interm "

Appears in 4 contracts

Samples: MortgageIT Holdings, Inc., Parent Guarantee Agreement (Orleans Homebuilders Inc), Parent Guarantee Agreement (Capital Lease Funding Inc)

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this SECTION 2.4, provided, that, except in the case of a default interm "

Appears in 2 contracts

Samples: Uici, Uici

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this Section 2.4, provided, that, except in the case of a default interm "

Appears in 2 contracts

Samples: Guarantee Agreement (Meadowbrook Insurance Group Inc), Guarantee Agreement (North Pointe Holdings Corp)

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this Section 2.4, providedthe term "default" means any event that is, thator after notice or lapse of time or both would become, except in the case an Event of a default inDefault.

Appears in 1 contract

Samples: Guarantee Agreement (American Equity Investment Life Holding Co)

AutoNDA by SimpleDocs

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice, provided, that, except in the case of a default inin the payment of a Guarantee Payment, the

Appears in 1 contract

Samples: Guarantee Agreement (Vision Bancshares Inc)

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence of a default, transmit to the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice, provided, that, except in the case of a default ina

Appears in 1 contract

Samples: Guarantee Agreement (Matrix Bancorp Inc)

Event of Default; Notice. (a) The Guarantee Trustee shall, within ninety (90) days after the occurrence hereunder of a default, transmit to the Company and the Holders notices of all defaults actually known to the Guarantee Trustee, unless such defaults have been cured or waived before the giving of such notice. For the purpose of this Section 2.4, providedthe term “default” means any event that is, thator after notice or lapse of time or both would become, except in the case an Event of a default inDefault.

Appears in 1 contract

Samples: Parent Guarantee Agreement (Orleans Homebuilders Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.