Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a default or Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 11.13 it shall promptly notify the other Lenders of the existence of such default or Event of Default.
Appears in 1 contract
Sources: Loan and Security Agreement (Silverleaf Resorts Inc)
Notification of Defaults and Events of Default. Each Lender hereby agrees that, to promptly notify the Agent upon learning of the existence of a default Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 11.13 it shall to promptly notify the other Lenders if it is aware of the existence of such default Default or Event of Default.
Appears in 1 contract
Sources: Senior Secured Facilities Credit Agreement (Wci Communities Inc)
Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a default default, Default or an Event of Default, it shall (to the extent notice has not previously been provided) promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 11.13 it shall promptly notify the other Lenders of the existence of such default or Event of Defaultss.
Appears in 1 contract
Sources: Revolving Credit Agreement (Cali Realty Corp /New/)
Notification of Defaults and Events of Default. Each Lender hereby agrees that, upon learning of the existence of a default Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees that upon receipt of any notice under this Section 11.13 it 14.10, the Agent shall promptly notify the other Lenders of the existence of such default Default or Event of Default.
Appears in 1 contract
Sources: Credit Agreement (Seacastle Inc.)