Common use of Notice of Claimed Default Clause in Contracts

Notice of Claimed Default. Promptly upon receipt by Borrowers, notice of default, oral or written, given to Borrowers by any creditor for borrowed money in excess of $100,000.

Appears in 3 contracts

Samples: Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Providence Service Corp)

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Notice of Claimed Default. Promptly upon receipt by Borrowersthe Company, notice of default, oral or written, given to Borrowers the Company by any creditor for borrowed money in excess of $100,000250,000.

Appears in 2 contracts

Samples: Eagle Test Systems, Inc., Eagle Test Systems, Inc.

Notice of Claimed Default. Promptly promptly upon receipt by Borrowers, any BORROWER of a notice of default, oral or written, given to Borrowers such BORROWER by any creditor for borrowed money in excess of $100,00050,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vistacare Inc), Loan and Security Agreement (Vistacare, Inc.)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany Loan Party, notice of default, oral or written, given to Borrowers any Borrower by any creditor for borrowed money Indebtedness of any Borrower in excess of One Hundred Thousand Dollars ($100,000).

Appears in 2 contracts

Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (Universal Business Payment Solutions Acquisition Corp)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany Borrower, notice of default, oral or written, given to Borrowers such Borrower by any creditor for borrowed money in excess of $100,000.50,000.00;

Appears in 2 contracts

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

Notice of Claimed Default. Promptly promptly upon receipt by BorrowersBorrower, notice of default, oral or written, given to Borrowers Borrower by any creditor for borrowed money in excess of $100,000.;

Appears in 2 contracts

Samples: Master Loan and Security Agreement (T&w Financial Corp), Loan and Security Agreement (RCM Technologies Inc)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany Borrower, notice of default, oral or written, given to Borrowers any Borrower by any creditor for Indebtedness for borrowed money of any Borrower in excess of One Hundred Thousand Dollars ($100,000.);

Appears in 2 contracts

Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Amerinac Holding Corp.)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowers, ------------------------- notice of default, oral or written, given to Borrowers by any creditor for borrowed money Indebtedness of such Borrower in excess of Fifty Thousand Dollars ($100,000.50,000); and

Appears in 1 contract

Samples: Loan and Security Agreement (Opinion Research Corp)

Notice of Claimed Default. Promptly promptly upon receipt by BorrowersBorrower, notice of default, oral or written, given to Borrowers Borrower by any creditor for borrowed money in excess of Fifty Thousand and No/100 Dollars ($100,000.50,000.00);

Appears in 1 contract

Samples: Credit Agreement (Assisted 4 Living, Inc.)

Notice of Claimed Default. Promptly promptly upon receipt by BorrowersBorrower, notice of default, oral or written, given to Borrowers Borrower by any creditor for borrowed money in excess of $100,000.20,000;

Appears in 1 contract

Samples: Loan and Security Agreement (Granite Financial Inc)

Notice of Claimed Default. Promptly promptly upon receipt by BorrowersBorrower, a notice of default, oral or written, given to Borrowers Borrower by any creditor for borrowed money in excess of $100,000.;

Appears in 1 contract

Samples: Senior Credit Agreement (Minrad International, Inc.)

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Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany Borrower, notice of default, oral or written, given to Borrowers any Borrower by any creditor for borrowed money in excess of $100,000250,000.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Staff Builders Inc /De/)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany Borrower, notice of default, oral or written, given to Borrowers such Borrower by any creditor for borrowed money in excess of $100,000100,000.00.

Appears in 1 contract

Samples: Credit Agreement (Prospect Medical Holdings Inc)

Notice of Claimed Default. Promptly promptly upon receipt by BorrowersBorrower, notice of default, oral or written, given to Borrowers Borrower by any creditor for borrowed money in excess of $100,000.250,000;

Appears in 1 contract

Samples: Loan and Security Agreement (Ecc International Corp)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany ------------------------- Borrower, notice of default, oral or written, given to Borrowers any Borrower by any creditor for borrowed money in excess of $100,000.250,000;

Appears in 1 contract

Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)

Notice of Claimed Default. Promptly upon receipt thereof by Borrowersthe Borrower, a copy of any notice of default, oral or written, given to Borrowers the Borrower by any creditor for borrowed money in excess of $100,000100,000.00.

Appears in 1 contract

Samples: Loan and Security Agreement (RCM Technologies Inc)

Notice of Claimed Default. Promptly promptly upon receipt by Borrowersany Borrower, notice of default, oral or written, given to Borrowers such Borrower by any creditor for borrowed money in excess of $100,000.50,000.00; and

Appears in 1 contract

Samples: Credit Agreement (Adcare Health Systems, Inc)

Notice of Claimed Default. Promptly promptly upon receipt by BorrowersBorrower, notice of default, oral or written, given to Borrowers Borrower by any creditor for borrowed money in excess of $100,000.750,000; and

Appears in 1 contract

Samples: Loan and Security Agreement (Qk Healthcare Inc)

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