Common use of NOTICE TO BANK Clause in Contracts

NOTICE TO BANK. Promptly (but in no event more than five (5) days after Borrower becomes aware of the occurrence of each such event or matter) give written notice to Bank in reasonable detail of: (a) the occurrence of any Event of Default, or any condition, event or act which with the giving of notice or the passage of time or both would constitute an Event of Default; (b) any change in the name or the form of organization of Borrower; or (c) the occurrence and nature of any Reportable Event or Prohibited Transaction, each as defined in ERISA, or any funding deficiency with respect to any Plan.

Appears in 3 contracts

Samples: Credit Agreement (Lindsay Corp), Credit Agreement (Lindsay Corp), Credit Agreementphic (Lindsay Manufacturing Co)

AutoNDA by SimpleDocs

NOTICE TO BANK. Promptly (but in no event more than five business (5) days after Borrower becomes aware of the occurrence of each such event or matter) give written notice to Bank in reasonable detail of: (a) the occurrence of any Event of Default, or any condition, event or act which with the giving of notice or the passage of time or both would constitute an Event of Default; (b) any change in the name or the form organizational structure of organization of any Borrower; or (c) the occurrence and nature of any Reportable Event or Prohibited Transaction, each as defined in ERISA, or any funding deficiency with respect to any Plan.; or fb.us.7363807.04

Appears in 1 contract

Samples: Credit Agreement (Communications Systems Inc)

NOTICE TO BANK. Promptly (but in no event more than five (5) days after Borrower becomes aware of the occurrence of each such event or matter) give written notice to Bank in reasonable detail of: (a) the occurrence of any Event of Default, or any condition, event or act which with the giving of notice or the passage of time or both would constitute an Event of Default; (b) any change in the name or the form of organization legal structure of Borrower; or (c) the occurrence and nature of any material Reportable Event or Prohibited Transaction, each as defined in ERISA, or any funding deficiency with respect to any Plan.

Appears in 1 contract

Samples: Credit Agreement (Simpson Manufacturing Co Inc /Ca/)

NOTICE TO BANK. Promptly (but in no event more than five (5) days after Borrower becomes aware of the occurrence of each such event or matter) give written notice to Bank in reasonable detail of: (a) the occurrence of any Event of Default, or any condition, event or act which with the giving of notice or the passage of time or both would constitute an Event of Default; (b) any change in the name or the form of organization organizational structure of Borrower; or (c) the occurrence and nature of any Reportable Event or Prohibited Transaction, each as defined in ERISA, or any funding deficiency with respect to any Plan.deficiency

Appears in 1 contract

Samples: Credit Agreement (First Consulting Group Inc)

AutoNDA by SimpleDocs

NOTICE TO BANK. Promptly (but in no event more than five (5) days after Borrower becomes aware of the occurrence of each such event or matter) give written notice to Bank in reasonable detail of: (a) the occurrence of any Event of Default, or any condition, event or act known to Borrower which with the giving of notice or the passage of time or both would constitute an Event of Default; (b) any change in the name or the form of organization organizational structure of Borrower; or (c) the occurrence and nature of any Reportable Event or Prohibited Transaction, each as defined in ERISA, or any funding deficiency with respect to any Plan.

Appears in 1 contract

Samples: Credit Agreement (Tekelec)

Time is Money Join Law Insider Premium to draft better contracts faster.