Common use of Notices of Default Clause in Contracts

Notices of Default. Upon a Responsible Officer of the Borrower obtaining knowledge of the occurrence of any Default or Event of Default, the Borrower will furnish to the Administrative Agent prompt written notice thereof, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect thereto.

Appears in 3 contracts

Sources: Term Loan Agreement (Weyerhaeuser Co), Revolving Credit Facility Agreement (Weyerhaeuser Co), Term Loan Agreement (Weyerhaeuser Co)

Notices of Default. Upon a Responsible Officer of In the Borrower obtaining knowledge of event that the occurrence Administrative Agent shall have received written notice of any Default or Event of Defaultany Potential Default from any Borrower or any Lender, the Borrower will furnish to the Administrative Agent prompt written shall promptly give notice thereof, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect theretoLenders.

Appears in 3 contracts

Sources: Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/), Three Year Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/), Amendment and Restatement Agreement (Electronic Data Systems Corp /De/)

Notices of Default. Upon a Responsible Officer of the Borrower obtaining knowledge of the occurrence of any Default or Event of Default, the Borrower will furnish Furnish to the Administrative Agent (which shall furnish such notice to each Lender and Issuing Bank) prompt written notice of any Event of Default or Default upon any Responsible Officer obtaining actual knowledge thereof, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto.

Appears in 3 contracts

Sources: Credit Agreement (Cbre Group, Inc.), Credit Agreement (Cbre Group, Inc.), Credit Agreement (Cbre Group, Inc.)

Notices of Default. Upon a Responsible Officer of In the Borrower obtaining event that Administrative Agent shall have acquired actual knowledge of the occurrence of any Default or Event of any Potential Default, the Borrower will furnish to the Administrative Agent prompt written shall promptly give notice thereof, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect theretoLenders.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Electronic Data Systems Corp /De/), Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/)

Notices of Default. Upon a Responsible Officer of In the Borrower obtaining knowledge of event that the occurrence Administrative Agent shall have received written notice of any Default or Event of Defaultany Potential Default from any Borrower or any Lender or Fronting Bank, the Borrower will furnish to the Administrative Agent prompt written shall promptly give notice thereof, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with respect theretoLenders.

Appears in 1 contract

Sources: Revolving Credit Agreement (Electronic Data Systems Corp /De/)