Common use of Default Notices Clause in Contracts

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within 5 Business Days after an executive officer of any 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 3 contracts

Sources: Credit Agreement (Inverness Medical Innovations Inc), Credit Agreement (Inverness Medical Innovations Inc), Credit Agreement (Inverness Medical Innovations Inc)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within 5 five (5) Business Days after an executive officer of any Credit Party 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 Lenders, as soon as practicable, and in any event within 5 2 Business Days after an executive officer of any 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 1 contract

Sources: Debtor in Possession Credit Agreement (Ames Department Stores Inc)

Default Notices. To Administrative Agent and Lenders, as soon as practicable, and in any event within 5 five (5) Business Days after an executive officer of any Credit Party Co-Borrowers 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 (JRC Acquisition Corp)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within 5 five Business Days after an executive officer of any Credit Party or LTF 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 (Life Time Fitness Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within 5 five (5) Business Days after an executive officer of any Credit Party 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 (Hockey Co)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within 5 five (5) Business Days after an executive officer of any a Credit Party 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 (Clean Harbors Inc)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within 5 Business Days after an executive officer of Holdings or any other 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 1 contract

Sources: Credit Agreement (American Lawyer Media Holdings Inc)

Default Notices. To Agent and LendersAgent, as soon as practicable, and in any event within 5 five (5) Business Days after an executive officer any Authorized Officer of any 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 1 contract

Sources: Credit Agreement (Palace Entertainment Holdings, Inc.)

Default Notices. To Agent and Lenders, as soon as practicable, and in any event within 5 2 Business Days after an executive officer of any 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 thereofthereof and such actions as the applicable Credit Party has taken (or intends to take) to mitigate the same, which notice, if given telephonically, shall be promptly confirmed in writing on the next Business Day.

Appears in 1 contract

Sources: Credit Agreement (Ames Department Stores Inc)

Default Notices. To Agent the Agents and Lenders, as soon as practicable, and in any event within 5 five (5) Business Days after an executive officer of any 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 1 contract

Sources: Credit Agreement (Coffeyville Resources, Inc.)

Default Notices. To Agent and Lenders, as As soon as practicable, and in any event within 5 --------------- five Business Days after an executive officer of any 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 1 contract

Sources: Credit Agreement (Peets Coffee & Tea Inc)