Common use of Notice of Claimed Default Clause in Contracts

Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt or any Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and

Appears in 4 contracts

Samples: Credit Acceptance Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation), Note Purchase Agreement (Credit Acceptance Corporation)

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Notice of Claimed Default. immediately Immediately upon becoming aware that the holder of any Note, obligation or of any Debt evidence of indebtedness or any other Security of the Company Debtor or any Subsidiary, shall have Guarantor has given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of defaultdefault thereunder, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company Debtor is taking or proposes to take with respect thereto; and.

Appears in 3 contracts

Samples: General Loan and Security Agreement (Mego Financial Corp), General Loan and Security Agreement (Mego Financial Corp), General Loan and Security Agreement (Mego Financial Corp)

Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt evidence of indebtedness or any other Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and;

Appears in 2 contracts

Samples: Note Purchase Agreement (Birmingham Steel Corp), Note Purchase Agreement (Birmingham Steel Corp)

Notice of Claimed Default. immediately upon becoming ------------------------- aware that the holder of any Note, Note or of any Debt Indebtedness or any Security of the Company or any Subsidiary, shall have Subsidiary has given notice or taken any other action with respect to a claimed Default, Default or Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and holder, the nature of the claimed Default, Default or Event of Default, default or event of default Default and what the action the Company is taking or proposes to take with respect thereto; and;

Appears in 1 contract

Samples: Barnes Group Inc

Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt or any Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and;

Appears in 1 contract

Samples: Note Purchase Agreement (Cerplex Group Inc)

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Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt Indebtedness or any other Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and;

Appears in 1 contract

Samples: Note Purchase Agreement (Hudson Foods Inc)

Notice of Claimed Default. immediately upon becoming aware that the holder of any Note, or of any Debt or any Security of the Company or any Subsidiary, shall have given notice or taken any other action with respect to a claimed Default, Event of or Default, default or event of default, a written notice specifying the notice given or action taken by such holder and the nature of the claimed Default, Event of Default, default or event of default and what action the Company is taking or proposes to take with respect thereto; and

Appears in 1 contract

Samples: Note Purchase Agreement (Littelfuse Inc /De)

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