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

Sources: Delayed Draw Term Loan Agreement (Insurance Acquisition Corp.), Credit Agreement (Orbit International Corp), Credit Agreement (Orbit International 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 Borrower with respect to such Default or Event of Default.thereto;

Appears in 3 contracts

Sources: Loan Agreement (BRT Apartments Corp.), Loan Agreement (One Liberty Properties Inc), Credit Agreement (Central Reserve Life Corp)

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

Sources: 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

Sources: First Senior Bridge Note (Genesee Corp), Second Senior Bridge Note (Genesee 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 Borrower with respect to such Default or Event of Defaultthereto.

Appears in 2 contracts

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

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

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

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

Sources: Loan and Security Agreement (Friedman Billings Ramsey 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

Sources: Debenture Purchase Agreement (National Boston Medical 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

Sources: 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 applicable Borrower with respect to such Default or Event of Defaultthereto.

Appears in 1 contract

Sources: 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

Sources: Loan and Security Agreement (Titan Corp)