Notice of Default, etc. Promptly after a Responsible officer of the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.
Appears in 5 contracts
Samples: Bridge Loan Agreement (Buckeye Partners L P), Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye Partners L P)
Notice of Default, etc. Promptly after a Responsible officer of the Borrower knows that any Default (other than with respect to Section 8.01) or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.
Appears in 2 contracts
Samples: Credit Agreement (Howell Corp /De/), Credit Agreement (Howell Corp /De/)