Notice of Default or Claimed Default Sample Clauses

Notice of Default or Claimed Default. Furnish to the Agent (a) immediately upon becoming aware of any Default or Event of Default, a written notice specifying the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto; (b) immediately upon becoming aware that the holder of any other Indebtedness issued or assumed by the Company or any Subsidiary, or the lessor under any lease as to which the Company or any Subsidiary is the lessee, has given notice or has taken any action with respect to a claimed default thereunder, or under any agreement under which any such Indebtedness was issued or secured, a written notice specifying the notice given or action taken, the nature of the claimed default and what action the Company is taking or proposes to take with respect thereto; (c) immediately upon receipt, copies of any correspondence, notice, pleading, citation, indictment, complaint, order, decree or other document from any governmental authority or court asserting or alleging a circumstance or condition which requires or may require a financial contribution by the Company or a cleanup, removal, remedial action or other response by or on the part of the Company or any Subsidiary under Environmental Laws or which seeks damages or civil, criminal or punitive penalties from the Company or any Subsidiary for an alleged violation of Environmental Laws which, in any such case, is likely to have a material adverse effect on the financial condition or business operations of the Company or any Subsidiary; and (d) written notice of any condition or event which would make the warranties contained in section 3 inaccurate, as soon as the Company becomes aware of such condition or event.
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Notice of Default or Claimed Default. Promptly upon (and in any event within five (5) business days following) any officer of the Company obtaining Knowledge (A) of any condition or event which constitutes an event of default or default (including, without limitation, by way of cross-default) under any Indebtedness having a principal amount of at least $5 million, (B) that the holder of any Indebtedness has given any written notice or taken any other action with respect to a claimed condition or event which constitutes such an event of default or default or (C) that any Person has given any written notice to the Company or any of its Subsidiaries or taken any other action with respect to a claimed default under an agreement (other than Indebtedness included in clause (A) of this Section 6.4(a)(v)) or other obligation having total consideration to the parties of at least $1 million, an officer's certificate describing the same and the period of existence thereof and what action the Company has taken, is taking and proposes to take with respect thereto.
Notice of Default or Claimed Default. Furnish to the Agent (a) immediately upon becoming aware of any Default or Event of Default, a written notice specifying the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto; (b) immediately upon becoming aware that the holder of any other Indebtedness issued or assumed by the Company, or the lessor under any lease as to which the Company is the lessee, has given notice or has taken any action with respect to a claimed default thereunder, or under any agreement under which any such Indebtedness was issued or secured, a written notice specifying the notice given or action taken, the nature of the claimed default and what action the Company is taking or proposes to take with respect thereto; (c) immediately upon receipt, copies of any correspondence, notice, pleading, citation, indictment, complaint, order, decree or other document from any source asserting or alleging a circumstance or condition which requires or may require a financial contribution by the Company or a cleanup, removal, remedial action or other response by or on the part of the Company under Environmental Laws or which seeks damages or civil, criminal or punitive penalties from the Company for an alleged violation of Environmental Laws; and (d) written notice of any condition or event which would make the warranties contained in section 3 inaccurate, as soon as the Company becomes aware of such condition or event.
Notice of Default or Claimed Default. Immediately upon an officer of Lessee becoming aware of the existence of a Default or an Event of Default (or that Lessor has given notice or taken any other action with respect to an Event of Default or a claimed default under this Lease), a written notice specifying the nature of the Default, Event of Default, or claimed default and any such notice given or action taken by Lessor and what action Lessee is taking or proposes to take with respect thereto.
Notice of Default or Claimed Default. Immediately upon a Responsible ------------------------------------- Officer of the Lessee becoming aware of the existence of a Default or an Event of Default or that the Owner Trustee has given notice or taken any other action with respect to an Event of Default or a claimed default under this Lease, or a default in the payment of the principal, premium, if any, sinking fund or interest with respect to indebtedness for borrowed money, or an event of default with respect to any indebtedness for borrowed money or in the instrument under which such indebtedness is outstanding permitting the holders thereof to accelerate the maturity thereof, a written notice specifying the nature of the Default, Event of Default, default or claimed default and any such notice given or action taken by the Owner Trustee and what action the Lessee is taking or proposes to take with respect thereto;
Notice of Default or Claimed Default. Immediately upon becoming aware of the existence of a Default or an Event of Default or that the OwnerTrustee has given notice or taken any other action with respect to an Event of Default or a claimed default under this Lease, or a default in the payment of the principal, premium, if any, sinking fund or interest with respect to indebtedness for borrowed money, or an event of default with respect to any indebtedness for borrowed money or in the instrument under which such indebtedness is outstanding permitting the holders thereof to accelerate the maturity thereof, a written notice specifying the nature of the Default, Event of Default, default or claimed default and any such notice given or action taken by the OwnerTrustee and what action the Lessee is taking or proposes to take with respect thereto;
Notice of Default or Claimed Default. Furnish to the Banks (a) immediately upon becoming aware of an Event of Default, a written notice specifying the nature and period of existence thereof and what action the affected Co-Borrower is taking or proposes to take with respect thereto; and (b) immediately upon becoming aware that the holder of any other indebtedness issued or assumed by any of the Co-Borrowers, or the lessor under any lease obligations as to which any of the Co-Borrowers is the lessee, has given notice or has taken any action with respect to a claimed default thereunder, or under any agreement under which any such indebtedness was issued or secured, a written notice specifying the notice given or action taken, the nature of the claimed default and what action the affected Co-Borrower is taking or proposes to take with respect thereto.
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Notice of Default or Claimed Default. Buyer shall immediately give written notice to Seller upon becoming aware of the existence of a default or an event of default, such as the filing of a petition in bankruptcy, which might reasonably have a negative impact on mining operations located on the claims. The original notice should specify the nature of the default or event of default or claims default and what action the Buyer is taking or proposes to take with respect thereto.
Notice of Default or Claimed Default. The Company shall deliver to each holder of Notes:
Notice of Default or Claimed Default. Furnish to the Lender, (i) within five (5) days after Maker obtains knowledge of any default or Event of Default, a written notice specifying the nature and period of existence thereof and the remedial action the Maker is taking or proposes to take with respect thereto; (ii) within five (5) days after becoming aware that the holder of any other material liabilities of the Maker or the Austin Partnership Entities, or the lessor under any material lease as to which the Maker or the Austin Partnership Entities is the lessee, has given notice or has taken any action with respect to a claimed default thereunder, or under any material agreement under which any such liability was created or secured, a written notice specifying the notice given or action taken, the nature of the claimed default and the remedial action the Maker is taking or proposes to take with respect thereto; and (iii) within ten (10) days after receipt, copies of any correspondence, notice, pleading, citation, indictment, complaint, order, decree or other document regarding any material financial contribution alleged to be payable by the Maker or the Austin Partnership Entities regarding a cleanup, removal, remedial action or other response by or on the part of the Maker or the Austin Partnership Entities under any law, or which seeks damages or civil, criminal or punitive penalties from the Maker or the Austin Partnership Entities for an alleged violation of any law that could reasonably be expected to have a Material Adverse Effect.
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