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 ten (10) 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 thereto;

Appears in 14 contracts

Sources: Annual Report, Loan Agreement (Btu International Inc), Loan Agreement (Chevy Chase Preferred Capital Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten five (105) 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 thereto;.

Appears in 12 contracts

Sources: Loan Agreement (Coolbrands International Inc), Loan Agreement (Coolbrands International Inc), Loan Agreement (Gristedes Foods Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto;.

Appears in 12 contracts

Sources: Credit Agreement (Beazer Homes Usa Inc), Term Loan Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten five (105) 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 thereto;

Appears in 6 contracts

Sources: Loan Agreement (One Liberty Properties Inc), Loan Agreement (One Liberty Properties Inc), Revolving Credit Agreement (Americas Carmart Inc)

Notice of Defaults and Events of Default. As soon as possible and and, in any event event, within ten (10) 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 Borrowers with respect thereto;

Appears in 3 contracts

Sources: Loan and Security Agreement (NCI, Inc.), Loan Agreement (Execustay Corp), Loan and Security Agreement (Halifax Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) days after the occurrence of each material Default or material 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 with respect thereto;.

Appears in 3 contracts

Sources: Loan Agreement (Orange Productions Inc), Loan Agreement (Surgical Safety Products Inc), Loan Agreement (Cuidao Holding Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto;.

Appears in 3 contracts

Sources: Loan Agreement (Manchester Equipment Co Inc), Loan Agreement (Manchester Equipment Co Inc), Loan Agreement (Manchester Technologies Inc)

Notice of Defaults and Events of Default. As soon as ---------------------------------------- possible and in any event within ten (10) 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 thereto;.

Appears in 3 contracts

Sources: Loan Agreement (Unified Financial Services Inc), Loan Agreement (Unified Financial Services Inc), Loan Agreement (Unified Financial Services Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event event, within ten (10) 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 Borrowers with respect thereto;

Appears in 3 contracts

Sources: Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.), Loan and Security Agreement (Global Defense Technology & Systems, Inc.)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto;

Appears in 2 contracts

Sources: Loan Agreement (Faro Technologies Inc), Loan Agreement (Faro Technologies Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within (x) two (2) days after the occurrence of an Event of Default under Section 7.01(4), (5), (7) or (9) and (y) ten (10) days after the occurrence of each Default or other 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 thereto;.

Appears in 2 contracts

Sources: Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten three (103) 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 thereto;

Appears in 2 contracts

Sources: Credit Agreement (Alliance Semiconductor Corp /De/), Credit Agreement (Alliance Semiconductor Corp /De/)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten three (103) 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 thereto;; and

Appears in 2 contracts

Sources: Secured Revolving Note, Secured Revolving Note (Community Choice Financial Inc.)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) days after the occurrence of each material Default or material 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 Company with respect thereto;.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Eautoclaims Com Inc), Agreement (United States Antimony Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (1030) days after the occurrence of each material Default or material 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 Seller with respect thereto;.

Appears in 2 contracts

Sources: Convertible Note Acquisition Agreement (Cuidao Holding Corp), Convertible Note Acquisition Agreement (Cuidao Holding Corp)

Notice of Defaults and Events of Default. As soon as possible and and, in any event event, within ten fifteen (1015) 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 is proposed to be taken by the Borrower with respect thereto;.

Appears in 1 contract

Sources: Guidance Line of Credit and Security Agreement (Comstock Holding Companies, Inc.)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto;.

Appears in 1 contract

Sources: Loan Agreement (MedPro Safety Products, Inc.)

Notice of Defaults and Events of Default. As soon as possible and and, in any event event, within ten (10) 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 with respect thereto;

Appears in 1 contract

Sources: Loan and Security Agreement (Ace Comm Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) days after the occurrence of each material Default or material Event of Default, a written notice setting forth the details of such Default or Event of Default and the action which that has been taken and is proposed to be taken by the Borrower Company with respect thereto;.

Appears in 1 contract

Sources: Warrant Agreement (United States Antimony Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 each Borrower with respect thereto;, including but not limited to any event of default to any other party.

Appears in 1 contract

Sources: Credit Agreement (Impath Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) days after Borrower learns 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 thereto;

Appears in 1 contract

Sources: Revolving Credit Agreement (Lasersight Inc /De)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten fifteen (1015) 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 thereto;

Appears in 1 contract

Sources: Term Loan Agreement (Basin Water, Inc.)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten fifteen (1015) 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 thereto;.

Appears in 1 contract

Sources: Business Loan Agreement (Flotek Industries Inc/Cn/)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten fifteen (1015) 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 thereto;; and

Appears in 1 contract

Sources: Credit Agreement (Nextel International Inc)

Notice of Defaults and Events of Default. As soon as possible reasonably practicable, and in any event within ten (10) 10 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 thereto;

Appears in 1 contract

Sources: Credit Agreement (Performance Technologies Inc \De\)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto;.

Appears in 1 contract

Sources: Credit Agreement (Interactive Strength, Inc.)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto, including but not limited to any event of default to any other party under other agreements;

Appears in 1 contract

Sources: Revolving Credit Agreement (Carey International Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 that is proposed to be taken by the Borrower with respect thereto;

Appears in 1 contract

Sources: Promissory Note Agreement (Integrated Environmental Technologies, Ltd.)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 10 days after the occurrence of each Default or Event of Default, 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 thereto;.

Appears in 1 contract

Sources: Loan Agreement (Pietrafesa Corp)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten (10) 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 thereto;

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (RFS Hotel Investors Inc)

Notice of Defaults and Events of Default. As soon as ---------------------------------------- possible and and, in any event event, within ten (10) 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 Borrowers with respect thereto;

Appears in 1 contract

Sources: Loan Agreement (Sra International Inc)

Notice of Defaults and Events of Default. As soon as ---------------------------------------- possible and in any event within ten (10) 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 thereto;.

Appears in 1 contract

Sources: Loan Agreement (Unified Financial Services Inc)

Notice of Defaults and Events of Default. As soon as possible and in any event within ten two (102) 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 thereto;

Appears in 1 contract

Sources: Loan and Line of Credit Agreement (Morris Publishing Group LLC)