Common use of Default Notices Clause in Contracts

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 17 contracts

Sources: Credit Agreement (Sothebys), Credit Agreement (Northland Cable Properties Seven Limited Partnership), Credit Agreement (Standard Motor Products Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 16 contracts

Sources: Secured Debtor in Possession Credit Agreement, Credit Agreement (Otelco Inc.), Credit Agreement (Brindlee Mountain Telephone Co)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 14 contracts

Sources: Credit Agreement (Carlisle Holdings LTD), Credit Agreement (Amedisys Inc), Credit Agreement (Pediatric Services of America Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 12 contracts

Sources: Credit Agreement (Analysts International Corp), Second Lien Credit Agreement (Butler International Inc /Md/), Credit Agreement (Pioneer Drilling Co)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 10 contracts

Sources: Credit Agreement (Wilsons the Leather Experts Inc), Credit Agreement (Wilsons the Leather Experts Inc), Credit Agreement (Wilsons the Leather Experts Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer a Financial Officer of any Borrower has actual knowledge of the existence of any Default, or Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied fax or electronic notice specifying the nature of such Default or Event of Default or other eventDefault, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 10 contracts

Sources: Revolving Loan Credit Agreement (XPO, Inc.), Revolving Loan Credit Agreement (XPO Logistics, Inc.), Revolving Loan Credit Agreement (XPO Logistics, Inc.)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower Credit Party has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 9 contracts

Sources: Credit Agreement (H&E Equipment Services, Inc.), Credit Agreement (H&E Equipment Services, Inc.), Loan Agreement (H&E Equipment Services, Inc.)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any a Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 8 contracts

Sources: Term Loan Credit Agreement (Rand Logistics, Inc.), Credit Agreement (Rand Logistics, Inc.), Credit Agreement (Rand Logistics, Inc.)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer a Financial Officer of any Borrower has actual knowledge of the existence of any Default, or Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied fax or electronic notice specifying the nature of such Default or Event of Default or other eventDefault, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 8 contracts

Sources: Refinancing Amendment (XPO, Inc.), Revolving Credit Agreement (XPO, Inc.), Credit Agreement (Forward Air Corp)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse EffectEffect (in each case not previously disclosed to Agent), telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 6 contracts

Sources: Credit Agreement (Universal Hospital Services Inc), Credit Agreement (Universal Hospital Services Inc), Credit Agreement (Universal Hospital Services Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 5 contracts

Sources: Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Thermadyne Holdings Corp /De)

Default Notices. To the Administrative Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 5 contracts

Sources: Credit Agreement (Sothebys), Credit Agreement (Sothebys), Credit Agreement (Republic Airways Holdings Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five three (53) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 4 contracts

Sources: Credit Agreement (Insteel Industries Inc), Credit Agreement (Insteel Industries Inc), Credit Agreement (Insteel Industries Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 4 contracts

Sources: Credit Agreement (Home Products International Inc), Credit Agreement (Recycling Industries Inc), Credit Agreement (Liposome Co Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default default or Event event of Default default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 4 contracts

Sources: Credit Agreement (Navarre Corp /Mn/), Credit Agreement (Navarre Corp /Mn/), Credit Agreement (Navarre Corp /Mn/)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer or manager of any Borrower has actual knowledge of the existence of any Default, Default or any Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other eventDefault, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Xerox Corp), Loan Agreement (Xerox Corp)

Default Notices. To Agent Co-Agents and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 3 contracts

Sources: Credit Agreement (Western Digital Corp), Credit Agreement (Western Digital Corp), Credit Agreement (Western Digital Corp)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 3 contracts

Sources: Credit Agreement (Solo Cup CO), Credit Agreement (Sweetheart Holdings Inc \De\), Credit Agreement (Key Tronic Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of Parent or any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 3 contracts

Sources: Credit Agreement (Ddi Corp), Credit Agreement (Ddi Corp), Credit Agreement (Ddi Corp)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 2 contracts

Sources: Credit and Security Agreement (Unapix Entertainment Inc), Credit Agreement (Precision Partners Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice thereof specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 2 contracts

Sources: Credit Agreement (Astec Industries Inc), Credit Agreement (Astec Industries Inc)

Default Notices. To Agent and for distribution to the Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (RBC Bearings INC), Credit Agreement (RBC Bearings INC)

Default Notices. To Agent and Lenders, as soon as practicable, --------------- and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Icon Health & Fitness Inc), Credit Agreement (Icon Health & Fitness Inc)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 2 contracts

Sources: Credit Agreement (Morton Industrial Group Inc), Credit Agreement (Morton Industrial Group Inc)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied telecopies notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 2 contracts

Sources: Convertible Note Agreement (Wpi Group Inc), Convertible Note Agreement (Sunrise Capital Partners Lp)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Huttig Building Products Inc), Credit Agreement (Huttig Building Products Inc)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any U.S. Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (SITEL Worldwide Corp), Credit Agreement (Catalog Resources, Inc.)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of (i) any Default, and (ii) Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Kmart Holding Corp), Credit Agreement (Kmart Holding Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer a Financial Officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied or electronic notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Revolving Loan Credit Agreement (Visteon Corp), Revolving Loan Credit Agreement (Visteon Corp)

Default Notices. To Agent and Lenderseach Lender, if requested by Agent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Reading International Inc), Credit Agreement (Reading International Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, ; which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Caraustar Industries Inc), Credit Agreement (Caraustar Industries Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Default or Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Blount International Inc), Credit Agreement (Blount International Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an the chief executive officer or chief financial officer of any Borrower has actual knowledge of the existence of any Default, Event of Default Default, or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 2 contracts

Sources: Credit Agreement (Code Alarm Inc), Credit Agreement (Code Alarm Inc)

Default Notices. To Agent and LendersLender, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower the Debtor has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Secured Super Priority Post Petition Credit Agreement (First Capital Real Estate Trust Inc), Secured Super Priority Post Petition Credit Agreement

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any the Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, ; which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Revolving Credit Agreement, Revolving Credit Agreement (Blockbuster Inc)

Default Notices. To Agent and LendersLender, as soon as practicable, and in any event within five (5) 2 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Loan Agreement (Asta Funding Inc), Loan Agreement (Asta Funding Inc)

Default Notices. To Agent and for distribution to the Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 2 contracts

Sources: Credit Agreement (Wesco International Inc), Credit Agreement (Wesco International Inc)

Default Notices. To Agent and LendersAgents, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 2 contracts

Sources: Credit Agreement (Filenes Basement Corp), Debtor in Possession Credit Agreement (Filenes Basement Corp)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied telecopies notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Presstek Inc /De/)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Playcore Inc)

Default Notices. To Agent and LendersExcept as otherwise provided in paragraph (h) below, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Styling Technology Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in --------------- any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Callaway Golf Co /Ca)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Intercept Inc)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Newtek Business Services Inc)

Default Notices. To Agent and Lendersthe Agent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, any Default or Event of Default, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Devcon International Corp)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.next

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (WTD Industries Inc)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five three (53) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic by telephone, telecopier or telecopied notice electronic transmission specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Princeton Review Inc)

Default Notices. To Agent and Lenders, as soon as practicable, --------------- and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Measurement Specialties Inc)

Default Notices. To Agent and Lendersthe Agent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Devcon International Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) 2 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Loan and Security Agreement (Asta Funding Inc)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Video Services Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied telecopies notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Green Mountain Coffee Roasters Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Default or Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Blount International Inc)

Default Notices. To Agent and Lenders, as soon as practicable, --------------- and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Wilsons the Leather Experts Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower or Specified Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Hometown Auto Retailers Inc)

Default Notices. To Agent and LendersAdministrative Agent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Fibermark Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Holdings or Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (BRPP LLC)

Default Notices. To Agent Agents and Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Darling International Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default Default, default under any of the leases listed on Disclosure Schedule (3.6) or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Renaissance Cosmetics Inc /De/)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five (5) 2 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Loan Agreement (Asta Funding Inc)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five three (53) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Default or Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other eventDefault, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (Mirant Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer a Financial Officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied or electronic notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Visteon Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in --------------- any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Post Petition Loan and Guaranty Agreement (Montgomery Ward Holding Corp)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any the Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Term Loan and Security Agreement (Mpel Holdings Corp)

Default Notices. To Agent and for distribution to the Lenders, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Wesco International Inc)

Default Notices. To SCIL Agent and for distribution to the SCIL Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (RBC Bearings INC)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within five ten (510) Business Days after an executive officer of any US Borrower has actual knowledge of the existence of any Default, Event of Default or the existence of any other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, event including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (National Oilwell Inc)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Morton Industrial Group Inc)

Default Notices. To Agent and Lenders, as soon as practicable, --------------- and in any event within five (5) Business Days after an executive officer officer, corporate controller or director of financial reporting of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (United Road Services Inc)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Applied Extrusion Technologies Inc /De)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) 5 Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Navarre Corp /Mn/)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within five (5) Business Days after an executive officer Executive Officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic telephonic, facsimile or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (Per Se Technologies Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Track N Trail Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer a Financial Officer of any Borrower Company has actual knowledge of the existence of any Default, or Event of Default or other event that has had a Material Adverse EffectDefault, telephonic or telecopied fax or electronic notice specifying the nature of such Default or Event of Default or other eventDefault, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Senior Unsecured Bridge Term Loan Credit Agreement (XPO Logistics, Inc.)

Default Notices. To Agent, Revolving Credit Agent and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that which has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.;

Appears in 1 contract

Sources: Credit Agreement (American Coin Merchandising Inc)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Samsonite Corp/Fl)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within five (5) 5 --------------- Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Intercept Group Inc)

Default Notices. To Agent Agents and Lenders, as soon as practicable, and in any event within five (5) Business Days after an executive officer of any Borrower has actual knowledge of the existence of any Default, Event of Default or other event that has had a Material Adverse Effect, telephonic or telecopied notice specifying the nature of such Default or Event of Default or other event, including the anticipated effect thereof, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Allied Holdings Inc)