Common use of Notice of Default, etc Clause in Contracts

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)

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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/)

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