Common use of Events of Default, Etc Clause in Contracts

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Exopack Holding Corp), Credit Agreement (Exopack Holding Corp), Credit Agreement (Exopack Holding Corp)

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Events of Default, Etc. Promptly upon any officer Responsible Officer of any Credit Loan Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could would reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b8.1(b); or (3) any event or condition that could would reasonably be expected to result in any Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Parent Borrower Representative or such Credit Party shall deliver copies of all notices given or received by such Credit Party Holdings, Parent Borrower or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeParent Borrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Parent Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, constitutes an Event of Default or Default; (2ii) any written notice that any Person has given to any Holdings, Parent Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3iii) any event or condition that could reasonably be expected expected, individually or in the aggregate, to result in any a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Neff Rental Inc), Credit Agreement (Neff Rental Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representativethe Borrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their its Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b8.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Exopack Holding Corp), Credit and Guaranty Agreement (Exopack Holding Corp)

Events of Default, Etc. Promptly upon any officer Responsible Officer of any Credit Party Holdings or Borrower obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their respective Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their respective Subsidiaries has taken, is taking and proposes to take with respect thereto: thereto (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; , (2) any notice that any Person has given to any Borrower or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); 6.1(b) or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (TNS Inc), Credit Agreement (TNS Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s 's chief executive officer or chief financial officer specifying the nature and period of existence of such event or condition and what action or actions Holdings, Borrowers or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any material default or event of default with respect to any Indebtedness or Contingent Obligation of any Borrower or any of its Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Atlantis Plastics Inc), Credit Agreement (Atlantis Plastics Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s 's chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Credit Party or any of their Subsidiaries Subsidiary thereof has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower Credit Party or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any Indebtedness of any Credit Party or any of its Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Osullivan Industries Holdings Inc), Credit Agreement (Osullivan Industries Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Credit Party or any of their Subsidiaries Subsidiary thereof has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2ii) any notice that any Person has given to any Borrower Credit Party or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3iii) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (iv) any default or event of default with respect to any Indebtedness of any Credit Party or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit and Security Agreement (Osullivan Industries Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive financial officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Appears in 1 contract

Samples: Possession Credit Agreement (Vertis Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable US Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such US Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action HoldingsUltimate Holdco, Borrowers or any any-of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected by such officer to result in the occurrence of, of an Event of Default or Default; (2) any notice that any Person has given to Ultimate Holdco, any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any Indebtedness of any Borrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Tempur Pedic International Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Credit Party or any of their Subsidiaries Subsidiary thereof has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower Credit Party or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any material Indebtedness of any Credit Party or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Penhall International Corp)

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Events of Default, Etc. Promptly upon (but in any ---------------------- event within three (3) Business Days after) any chief executive officer, chief financial officer or president of Holdings or any Credit Party Borrower obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit any Loan Party or any of its Subsidiaries with respect to any such event or condition and a certificate of Holdings or such Borrower Representative’s Borrower's chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Loan Party or any of their its Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, constitutes an Event of Default or Default; (2) any notice that any Person has given to any Borrower Loan Party or any of their its Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(bsubsection 6.1(B); or (3) ----------------- any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Lund International Holdings Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s 's chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Credit Party or any of their Subsidiaries Subsidiary thereof has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower Credit Party or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any material Indebtedness of any Credit Party or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Penhall International Corp)

Events of Default, Etc. Promptly upon any executive officer of any Credit Loan Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit any Loan Party or any of its their respective Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer, chief financial officer or such other officer as is reasonably acceptable to Administrative Agent, specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers such Loan Party or any of their Subsidiaries such Subsidiary has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, constitutes an Event of Default or Default; (2ii) any notice that any Person has given to any Borrower Loan Party or any of their respective Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(bSubsection 6.1(B); or (3iii) any event or condition that could reasonably be expected to result in any have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Surewest Communications)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative or such Credit Party shall deliver copies of all notices given or received by such Credit Party Holdings, Borrower or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower RepresentativeBorrower’s chief executive officer specifying the nature and period of existence of such event or condition and what action Holdings, Borrowers Borrower or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1i) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2ii) any written notice that any Person has given to any Holdings, Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3iii) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (iv) any default or event of default with respect to any Indebtedness of Holdings, Borrower or any of their Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Neff Finance Corp.)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable Borrower Representative shall deliver copies of all notices given or received by such Credit Party Borrower or Holdings or any of its their Subsidiaries with respect to any such event or condition and a certificate of such Borrower Representative’s chief executive financial officer specifying the nature and period of existence of such event or condition and what action Holdings, Holdings Borrowers or any of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected to result in the occurrence of, an Event of Default or Default; (2) any notice that any Person has given to any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Vertis Inc)

Events of Default, Etc. Promptly upon any officer of any Credit Party obtaining knowledge of any of the following events or conditions, the Applicable US Borrower Representative shall deliver copies of all notices given or received by such Credit Party or any of its Subsidiaries with respect to any such event or condition and a certificate of such US Borrower Representative’s 's chief executive officer specifying the nature and period of existence of such event or condition and what action HoldingsUltimate Holdco, Borrowers or any any-of their Subsidiaries has taken, is taking and proposes to take with respect thereto: (1) any condition or event that constitutes, or which could reasonably be expected by such officer to result in the occurrence of, of an Event of Default or Default; (2) any notice that any Person has given to Ultimate Holdco, any Borrower or any of their Subsidiaries or any other action taken with respect to a claimed default or event or condition of the type referred to in Section 7.1(b6.1(b); or (3) any event or condition that could reasonably be expected to result in any Material Adverse Effect; or (4) any default or event of default with respect to any Indebtedness of any Borrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Twi Holdings Inc)

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