Common use of Notice of Default Clause in Contracts

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 111 contracts

Samples: Credit Agreement (First Cash Financial Services Inc), Credit Agreement (Equity Oil Co), Possession Credit Agreement (Ual Corp /De/)

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Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 50 contracts

Samples: Credit Agreement, Credit Agreement (General Dynamics Corp), Assignment Agreement (General Dynamics Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 42 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (Integrated Alarm Services Group Inc), Credit Agreement (New Jersey Resources Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower a Credit Party referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.

Appears in 28 contracts

Samples: Credit Agreement (Moll Industries Inc), Credit Agreement (Manitowoc Co Inc), Credit Agreement (Riscorp Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default (except with respect to defaults in the payment of principal, interest or Unmatured Default hereunder fees required to be paid to Agent for the account of Lenders), unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to Lenders. Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Lenders.

Appears in 19 contracts

Samples: Mezzanine Loan and Security Agreement (Grove Collaborative Holdings, Inc.), Loan and Security Agreement (Social Capital Suvretta Holdings Corp. I), Loan and Security Agreement (Social Capital Suvretta Holdings Corp. I)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 16 contracts

Samples: Assignment Agreement (Kelly Services Inc), Assignment Agreement (Kelly Services Inc), Credit Agreement (Actuant Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.

Appears in 15 contracts

Samples: Credit Agreement (Wisconsin Public Service Corp), Credit Agreement (WPS Resources Corp), Credit Agreement (WPS Resources Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBorrowers, the Lenders and the Issuing Banks.

Appears in 14 contracts

Samples: Credit Agreement (Ameren Illinois Co), Credit Agreement (Ameren Illinois Co), Credit Agreement (Union Electric Co)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 12 contracts

Samples: Credit Agreement (Astec Industries Inc), Assignment Agreement (Diebold Inc), Credit Agreement (Keithley Instruments Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the a Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.

Appears in 11 contracts

Samples: Credit Agreement (Asset Acceptance Capital Corp), Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 11 contracts

Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 10 contracts

Samples: Credit Agreement (Rhino Resource Partners LP), Credit Agreement (Too, Inc.), Credit Agreement (Blair Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any an Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 9 contracts

Samples: Credit Agreement (Nui Corp /Nj/), Credit Agreement (Nui Corp /Nj/), Credit Agreement (Nui Corp /Nj/)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower Borrowers referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 9 contracts

Samples: Credit Agreement (Phymatrix Corp), Credit Agreement (Zaring National Corp), Credit Agreement (Professional Detailing Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the a Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 8 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Vulcan Asphalt Refining Corp), Credit Agreement (Assured Guaranty LTD)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". .” In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.

Appears in 8 contracts

Samples: Five Year Credit Agreement (Integrys Energy Group, Inc.), Five Year Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.

Appears in 8 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 7 contracts

Samples: Credit Agreement (Ii-Vi Inc), Joinder and Assumption Agreement (Ii-Vi Inc), Credit Agreement (Federated Investors Inc /Pa/)

Notice of Default. The Agent shall not be deemed to have knowledge ----------------- or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 7 contracts

Samples: Credit Agreement (Depuy Inc), Credit Agreement (Transit Group Inc), Credit Agreement (Luiginos Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Incipient Default or Unmatured Event of Default hereunder unless the Agent has and until it shall have received a written notice from a Lender or describing it and citing the Borrower referring to relevant provision of this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default"any other Loan Document. In the event that the Agent receives such a notice, the The Agent shall give each Lender reasonably prompt notice thereof of any such written notice except to any Lender that shall have given the Lenderswritten notice.

Appears in 7 contracts

Samples: Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc), Credit Agreement (Lincoln Electric Holdings Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 7 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (Ii-Vi Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Incipient Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Loan Agreement, describing such Incipient Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 7 contracts

Samples: Loan Agreement (Spartan Stores Inc), Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Paging Partners Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders and, in the case of a “notice of default” received from a Lender, to the Borrower.

Appears in 7 contracts

Samples: Day Bridge Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.

Appears in 6 contracts

Samples: Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 6 contracts

Samples: Credit Agreement (Ball Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the either Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 6 contracts

Samples: Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of a Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.

Appears in 6 contracts

Samples: Assignment Agreement, Credit Agreement (Atlantic City Electric Co), Credit Agreement (Potomac Electric Power Co)

Notice of Default. The Agent shall not be deemed to have ----------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 6 contracts

Samples: Assignment Agreement (Money Store Inc /Nj), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. 10.10.

Appears in 6 contracts

Samples: Credit Agreement (Kimball International Inc), Credit Agreement (Seitel Inc), Credit Agreement (Kimball International Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the a Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Glatfelter P H Co), Credit Agreement (Bell Oil Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Clark Inc), Credit Agreement (Chromcraft Revington Inc), Credit Agreement (Ohio Casualty Corp)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Crown Holdings Inc), Pledge Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc)

Notice of Default. 6.1 The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Holder or the Borrower Company or the Guarantor referring to this Agreement the Security Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to all of the LendersHolders. The Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Required Holders.

Appears in 5 contracts

Samples: Security Agreement (Voice Mobility International Inc), Loan Subscription Agreement (Voice Mobility International Inc), Exchange Agreement (Voice Mobility International Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.

Appears in 5 contracts

Samples: Day Credit Agreement (Duke Energy Field Services LLC), Credit Agreement (Duke Energy Field Services LLC), Day Credit Agreement (Duke Energy Field Services LLC)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default Unmatured Event or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (MSX International Business Services Inc), Credit Agreement (MSX International Inc), Credit Agreement (Key Plastics Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders." 9.10

Appears in 4 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Potential Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Event of Default or Unmatured Potential Event of Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Decrane Holdings Co), Credit Agreement (Decrane Holdings Co), Credit Agreement (Decrane Holdings Co)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Lenders, unless the Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives will notify each Lender of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Loan and Security Agreement, Security Agreement (Cardlytics, Inc.), Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (BALL Corp), Credit Agreement (Ball Corp), Credit Agreement (Ball Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Purchasers, unless the Agent has shall have received written notice from a Lender Purchaser or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives will notify each Purchaser of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Note Purchase Agreement (Arena Group Holdings, Inc.), Note Purchase Agreement (theMaven, Inc.), Note Purchase Agreement (theMaven, Inc.)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Petroleum Development Corp), Credit Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In The Agent may (but shall not be obligated to) take, or refrain from taking, such action with respect to such Potential Default or Event of Default as it shall deem advisable and in the event that best interests of the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersPurchasers.

Appears in 4 contracts

Samples: Note and Warrant Purchase Agreement (Integral Vision Inc), Note and Warrant Purchase Agreement (Integral Vision Inc), Fourth Amended Note and Warrant Purchase Agreement (Integral Vision Inc)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or LC Issuer or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the LendersLenders and the LC Issuers.

Appears in 4 contracts

Samples: Assignment Agreement (Applebees International Inc), Revolving Credit Agreement (Applebees International Inc), Credit Agreement (Applebees International Inc)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Year Revolving Credit Agreement (Arvinmeritor Inc), Day Credit Agreement (Arvinmeritor Inc), Day Credit Agreement (Arvinmeritor Inc)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Obligors referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc)

Notice of Default. The (a) No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the LendersLenders and, with respect to any such notice received from any Lender, the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc), Credit Agreement (Henry Schein Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Lenders, unless the Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives will notify each Lender of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Loan and Security Agreement (Banctec Inc), Loan and Security Agreement (Banctec Inc), Loan and Security Agreement (Beacon Roofing Supply Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (other than the Borrower’s failure to make a payment of principal, interest or fees required to be made to the Agent hereunder) unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement Agreement, specifically describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Shareholder Rights Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Participant or the Borrower Lessee referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersParticipants.

Appears in 3 contracts

Samples: Participation Agreement (Cal Dive International Inc), Assignment Agreement (Perot Systems Corp), Participation Agreement (Marchfirst Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Event of Default, unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to Lenders. Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Lenders.

Appears in 3 contracts

Samples: 2023 Contingent Convertible Debt Agreement (Achieve Life Sciences, Inc.), Loan and Security Agreement (Liquidia Corp), Contingent Convertible Debt Agreement (Achieve Life Sciences, Inc.)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Assignment Agreement (Acuity Brands Inc), Credit Agreement (L&c Spinco Inc), Assignment Agreement (Acuity Brands Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless and until the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". .” In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

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

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default"" or unless the default is a failure by Borrower to pay principal, interest or fees due in accordance with this Agreement. In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Amli Residential Properties Trust), Ratable Note (Amli Residential Properties Trust), Term Loan Agreement (Amli Residential Properties Trust)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Omnicare Inc), Credit Agreement (Omnicare Inc), Exhibits and Schedules (Unitrin Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Event of Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder except with respect to defaults in the payment of principal, interest and fees required to be paid to Agent for the account of Lenders, unless the Agent has shall have received written notice from a Lender or the Borrower Borrowing Agent referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives will notify each Lender of its receipt of any such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (Rocky Shoes & Boots Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

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

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders and, in the case of a "notice of default" received from a Lender, to the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Acuity Brands Inc), Revolving Credit Agreement (Zep Inc.), Year Revolving Credit Agreement (Acuity Brands Inc)

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Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower or any other Loan Party referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

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

Notice of Default. The Agent shall not be deemed to have ----------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower Borrowers referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Notice of Default. 6.1 The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Holder or the Borrower Company or the Guarantor referring to this Agreement the Security Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the that Agent receives such a notice, the Agent shall give prompt notice thereof to all of the LendersHolders. The Agent shall take such action with respect to such Event of Default as shall be reasonably directed by the Required Holders.

Appears in 2 contracts

Samples: Loan Subscription Agreement (Voice Mobility International Inc), Loan Subscription Agreement (Voice Mobility International Inc)

Notice of Default. The Agent shall not be deemed to have ----------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Ohio Casualty Corp), Assignment Agreement (Finish Line Inc /De/)

Notice of Default. The No Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Arvinmeritor Inc), Credit Agreement (Arvinmeritor Inc)

Notice of Default. The Neither Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

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

Notice of Default. The Agent Agents shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the such Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the either Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Greif Inc), Credit Agreement (Ball Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". .” In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Omnicare Inc), Credit Agreement (Unitrin Inc)

Notice of Default. The Agent shall not be deemed to have knowledge ----------------- or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders stating that such notice is a "notice of default".

Appears in 2 contracts

Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any an Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Stone Container Corp), Credit Agreement (Stone Container Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower a Credit Party referring to this Agreement the Credit Document, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Hunt Corp), Credit Agreement (Hunt Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or ----------------- notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Transit Group Inc), Acquisition Credit Agreement (Transit Group Inc)

Notice of Default. The Agent shall not be deemed to have any knowledge or notice of the occurrence of any Event of Default or Unmatured Potential Default hereunder unless the Agent has received written notice from a Lender Party or the Borrower referring to this Agreement Agreement, describing such Event of Default or Unmatured Default Potential Default, and stating that such notice is a "notice of default". In the event that ." If the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenderseach Lender.

Appears in 2 contracts

Samples: Agreement (Primark Corp), Credit Agreement (Primark Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement describing such Event of Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.

Appears in 2 contracts

Samples: Credit Agreement (Ipalco Enterprises Inc), Assignment Agreement (Ipalco Enterprises Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower referring to this Agreement describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.

Appears in 2 contracts

Samples: Credit Agreement (Xcel Energy Inc), Assignment Agreement (Northern States Power Co)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Agent, unless the Agent has shall have received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the .” The Agent receives such will take actions with respect to a notice, the Agent shall give prompt notice thereof to the LendersDefault as set forth in Section 13.2.4.

Appears in 2 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)

Notice of Default. The Neither Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the either Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the any Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Cooper Cameron Corp), Credit Agreement (Midas Inc)

Notice of Default. The Neither Agent shall not will be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent and until it has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such the Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: And Term Loan Agreement (NRG Energy Inc), And Term Loan Agreement (NRG Energy Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". .” In the event that the Agent receives such a notice, the Agent it shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower NovaCare referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

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

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.Default

Appears in 2 contracts

Samples: Credit Agreement (Corrpro Companies Inc /Oh/), Credit Agreement (Corrpro Companies Inc /Oh/)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Notice of Default. The Agent shall not be deemed to have ------------------- knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has actual knowledge thereof or Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Spinnaker Industries Inc), Credit Agreement (Lynch Corp)

Notice of Default. The Agent shall not be deemed to have ------------------ knowledge or notice of the occurrence of any Unmatured Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Unmatured Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". ." In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Loan Agreement (Markwest Hydrocarbon Inc), Loan Agreement (Markwest Hydrocarbon Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Bank or the Borrower Company referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersBanks.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Stepan Co), Assignment Agreement (Stepan Co)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the LendersLenders and the Issuing Banks.

Appears in 2 contracts

Samples: Credit Agreement (Union Electric Co), Credit Agreement (Union Electric Co)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Default hereunder (except for failure of a Borrower to pay any amount required to be paid to the Agent hereunder for the account of the Lenders) unless the Agent has received written notice from a Lender or the a Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the all Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Baltimore Gas & Electric Co), Credit Agreement (Pepco Holdings Inc)

Notice of Default. The No Agent shall not be deemed to have knowledge or ----------------- notice of the occurrence of any Default or Unmatured Default hereunder unless the such Agent has received written notice from a Lender or the Borrower referring to this Agreement describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the any Agent receives such a notice, the such Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Day Credit Agreement (Mead Corp), Revolving Credit Agreement (Mead Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Potential Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender Bank or the any Borrower referring to this Agreement Agreement, describing such Potential Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders“NOTICE OF DEFAULT.

Appears in 2 contracts

Samples: Credit Agreement (Interface Security Systems, L.L.C.), Credit Agreement (Interface Security Systems Holdings Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has shall have received written notice from the Borrower or a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.or

Appears in 2 contracts

Samples: Credit Agreement (Eclipsys Corp), Credit Agreement (Eclipsys Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless a responsible officer of the Agent has shall have received written notice from a Lender Note Holder or the Borrower Company referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the The Agent shall give prompt notice thereof promptly notify the Note Holders of its receipt of any such notice. The Agent shall take such action with respect to such Default or Event of Default as may be directed by the LendersRequired Holders.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Oramed Pharmaceuticals Inc.), Securities Purchase Agreement (Scilex Holding Co)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Unmatured Event of Default hereunder unless the Agent has actual knowledge of such Default or Event of Default or has received written notice from a Lender or the Borrower referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default.". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Line of Credit Agreement (Agree Realty Corp), Credit Agreement (Agree Realty Corp)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Event of Default hereunder unless the Agent has received written notice from a Lender or the Borrower Company referring to this Agreement describing such Event of Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Valley National Gases Inc), Credit Agreement (Valley National Gases Inc)

Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Event of Default or Unmatured Default hereunder unless the Agent has received written notice from a Lender Supplier or the Borrower PG&E referring to this Agreement Agreement, describing such Default or Unmatured Event of Default and stating that such notice is a "notice of default". In the event that the Agent receives such a notice, the Agent shall give prompt notice thereof to the Lenders.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement

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