Common use of Notification of Defaults and Events of Default Clause in Contracts

Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a 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 ss.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Beacon Properties L P), Revolving Credit Agreement (Grove Real Estate Asset Trust), Revolving Credit Agreement (Grove Property Trust)

Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a 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 ss§16.9 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 (Boston Properties Inc), Revolving Credit Agreement (Boston Properties Inc)

Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a 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 ss15.9 it shall promptly notify the other Banks of the existence of such default, Default or Event of Default.

Appears in 1 contract

Sources: Revolving Credit Agreement (Grove Property Trust)

Notification of Defaults and Events of Default. Each Bank hereby agrees that, upon learning of the existence of a 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 ssss 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 (Answerthink Inc)

Notification of Defaults and Events of Default. Each Bank ---------------------------------------------- hereby agrees that, upon learning of the existence of a 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 ss(S)15.9 it shall promptly notify the other Banks of the existence of such default, Default or Event of Default.

Appears in 1 contract

Sources: Revolving Credit Agreement (Beacon Properties L P)