Common use of Notice of Defaults and Events of Default Clause in Contracts

Notice of Defaults and Events of Default. As soon as possible and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken with respect to such Default or Event of Default.

Appears in 4 contracts

Samples: Delayed Draw Term Loan Agreement (Insurance Acquisition Corp.), Credit Agreement (Orbit International Corp), Credit Agreement (Orbit International Corp)

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Notice of Defaults and Events of Default. As soon as reasonably possible and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Company, with respect to such Default or Event of Defaultthereto.

Appears in 3 contracts

Samples: Credit Agreement (Internet Media Services, Inc.), Credit Agreement (Document Security Systems Inc), Credit Agreement (Document Security Systems Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Maker with respect to such Default or Event of Default.thereto;

Appears in 2 contracts

Samples: Genesee Corp, Genesee Corp

Notice of Defaults and Events of Default. As soon as possible and in any event within five (5) days after having knowledge of the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect to such Default or Event of Default.thereto;

Appears in 2 contracts

Samples: Loan Agreement (Panache Beverage, Inc.), Loan Agreement (Panache Beverage, Inc.)

Notice of Defaults and Events of Default. As soon as possible and in ----------------------------------------- any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Borrower with respect to such Default or Event of Defaultthereto.

Appears in 2 contracts

Samples: Loan Agreement (Firecom Inc), Loan Agreement (Innodata Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the applicable Borrower with respect to such Default or Event of Defaultthereto.

Appears in 1 contract

Samples: Loan Agreement (Hirsch International Corp)

Notice of Defaults and Events of Default. As soon as possible and and, in any event event, within five (5) days after the occurrence of each Default or and Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which that is proposed to be taken by the Borrowers with respect to such Default or Event of Default.thereto; (g)

Appears in 1 contract

Samples: Loan and Security Agreement (Titan Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Company with respect to such Default or Event of Default.thereto;

Appears in 1 contract

Samples: Debenture Purchase Agreement (National Boston Medical Inc)

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Notice of Defaults and Events of Default. As soon as possible and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by Borrower with respect to such Default or Event of Default.thereto; (xv)

Appears in 1 contract

Samples: Loan Agreement (BRT Apartments Corp.)

Notice of Defaults and Events of Default. As soon as possible and and, in any event event, within five (5) days after the occurrence of each Default or and Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which that is proposed to be taken by the Borrower or any Subsidiary with respect to such Default or Event of Default.thereto;

Appears in 1 contract

Samples: Loan and Security Agreement (Friedman Billings Ramsey Group Inc)

Notice of Defaults and Events of Default. As soon as possible practicable and in any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by Borrowers with respect to such Default or Event of Default.thereto;

Appears in 1 contract

Samples: Loan Agreement (LGL Group Inc)

Notice of Defaults and Events of Default. As soon as possible and in ------------------------------------------ any event within five (5) days after the occurrence of each Default or Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which is proposed to be taken by the Company with respect to such Default or Event of Default.thereto;

Appears in 1 contract

Samples: Debenture Purchase Agreement (E Financial Depot Com)

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