Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 6 contracts
Sources: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 Section 14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 5 contracts
Sources: Revolving Credit Agreement (Decisionone Holdings Corp), Revolving Credit Agreement (Stride Rite Corp), Revolving Credit Agreement (Flextronics International LTD)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 16.12 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Hasbro Inc), Line of Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent Agents thereof. The Each Agent hereby agrees that upon receipt of any notice under this (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultss.
Appears in 3 contracts
Sources: Revolving Credit and Term Loan Agreement (Hvide Marine Inc), Debtor in Possession Revolving Credit and Term Loan Agreement (Hvide Marine Inc), Revolving Credit Agreement (Hvide Marine Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 §16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Digitas Inc), Revolving Credit and Term Loan Agreement (Fargo Electronics Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 S)13.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Sources: Revolving Credit Agreement (New England Business Service Inc), Revolving Credit Agreement (New England Business Service Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 Section 8.8, it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Sources: Revolving Credit Agreement (United States Leather Inc /Wi/), Revolving Credit Agreement (United States Leather Inc /Wi/)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp), Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 Section 13.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 2 contracts
Sources: Loan Agreement (Metallurg Inc), Revolving Credit Agreement (New England Business Service Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent Agents thereof. The Agent Each of the Agents hereby agrees that that, upon receipt of any notice under this (S)16.10 S)15.10 or upon otherwise learning of the existence of a Default or an Event of Default, it shall promptly notify the other Agent, each of the Banks (other than the Bank that provided such notice to such Agent) and the Borrower of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit Agreement (California Steel Industries Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 Section 16.10, or upon learning of the existence of a Default or an Event of Default, it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank ---------------------------------------------- hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Petro Stopping Centers L P)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Loan Agreement (Liberty Property Limited Partnership)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent Agents thereof. The Agent Agents hereby agrees agree that upon receipt of any notice under this (S)16.10 it ss.18.10 they shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Gold Consignment Agreement (Commemorative Brands Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.receipt
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Mapics Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 §14.11 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank ---------------------------------------------- hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 S)16.9 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 [section]13.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 §14.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Multicurrency Revolving Credit Agreement (Rogers Corp)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 S)17.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Chart House Enterprises Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultsect.
Appears in 1 contract
Sources: Revolving Credit Agreement (New England Business Service Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.Agent
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent Agents thereof. The Agent Agents hereby agrees agree that upon receipt of any notice under this (S)16.10 it Section 15.10 they shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit and Gold Consignment Agreement (Whitehall Jewellers Inc)
Notification of Defaults and Events of Default. Each Bank ---------------------------------------------- hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent thereof. The Agent hereby agrees ; provided, that upon receipt no Bank will -------- incur any liability as a result of any notice under its failure to comply with the terms of this (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of DefaultS)13.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 8.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Credit Agreement (Ionics Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Arrow Automotive Industries Inc)
Notification of Defaults and Events of Default. Each Bank ---------------------------------------------- hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Defaultss.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- ------------ -- -------- --- ------ -- ------- agrees that, upon learning of the existence of a 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 (S)16.10 S)15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 S)15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Acquisition Revolving Credit Agreement (Ameriking Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 S)10.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit Agreement (CMG Information Services Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- ------------ -- -------- --- ------ -- ------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this (S)16.10 Section it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit Agreement (Leucadia National Corp)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Agent Agents thereof. The Agent Agents hereby agrees that upon receipt of any notice under this (S)16.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc)
Notification of Defaults and Events of Default. Each Bank hereby ---------------------------------------------- agrees that, upon learning of the existence of a 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 (S)16.10 §15.10 it shall promptly notify the other Banks of the existence of such Default or Event of Default.
Appears in 1 contract
Sources: Revolving Credit Agreement (Weider Nutrition International Inc)