Notification of default. (a) The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 6 contracts
Sources: Multicurrency Guarantee Facility Agreement (Acergy S.A.), Facility Agreement (Sterlite Industries (India) LTD), Term Loan Facilities Agreement (Sterlite Industries (India) LTD)
Notification of default. (a) 18.4.1 The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by the Borrower).
Appears in 6 contracts
Sources: Facility Agreement, Facility Agreement, Facility Agreement (Hoegh LNG Partners LP)
Notification of default. (a) The Borrower shall notify the Agent Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by another Obligor).
Appears in 5 contracts
Sources: Facility Agreement (Daqo New Energy Corp.), Facility Agreement, Loan Facility Agreement
Notification of default. (a) The Each Borrower and the Guarantor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 3 contracts
Sources: Second Supplemental Agreement to a Secured Loan Agreement (Scorpio Tankers Inc.), Secured Loan Agreement (Scorpio Tankers Inc.), Secured Loan Agreement (Scorpio Tankers Inc.)
Notification of default. (a) The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 3 contracts
Sources: Facility Agreement (NORDIC AMERICAN TANKERS LTD), Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)
Notification of default. (a) The Borrower shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by a Guarantor).
Appears in 3 contracts
Sources: Facility Agreement, Facility Agreement (Teekay Corp), Facility Agreement (Teekay LNG Partners L.P.)
Notification of default. (a) The Each Borrower and each Guarantor shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 3 contracts
Sources: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Notification of default. (a) The Borrower Borrowers shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 2 contracts
Sources: Loan Agreement (B Plus H Ocean Carriers LTD), Credit Agreement (B Plus H Ocean Carriers LTD)
Notification of default. (a) The Borrower shall notify the Administrative Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Facility Agent of any Event of Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless it is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Sources: Facility Agreement
Notification of default. (a) 18.6.1 The Borrower shall notify the Security Agent and the Lender of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence which would be reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Sources: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)
Notification of default. (a) 19.5.1 The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Agent of any Default which has occurred and is continuing (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Sources: Secured Loan Agreement (Energy Infrastructure Merger CORP)
Notification of default. (a) The Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrenceoccurrence (unless the Borrower is aware that a notification has already been provided by another Obligor).
Appears in 1 contract
Notification of default. (a) The Borrower Borrowers shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The 19.6.1 Each Borrower shall notify the Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Sources: Secured Loan Agreement (Genco Shipping & Trading LTD)
Notification of default. (a) 19.7.1 The Borrower shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Notification of default. (a) The Borrower shall notify the Facility Agent of any Default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Sources: Facility Agreement (PT Indosat TBK)
Notification of default. (a) The Borrower shall notify the Agent of any Default default (and the steps, if any, being taken to remedy it) promptly upon becoming aware of its occurrence.
Appears in 1 contract
Sources: Revolving Credit Facility Agreement (Nordic American Tanker Shipping LTD)