Example ContractsClausesno amortization eventVariants
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Events of Default and Facility Amortization Event. The Borrower will provide the Administrative Agent, each Lender and the Backup Servicer with written notice promptly and in any event within three (3) Business Days after a Responsible Officer of the Borrower obtains knowledge of the occurrence of an Event of Default, Unmatured Event of Default or Facility Amortization Event setting forth, in each case, the details of such event and the action that the Borrower proposes to take with respect thereto.

Events of Default and Facility Amortization Event. The BorrowerServicer will providefurnish to the Administrative Agent, each Rating Agency (if any), the Backup Servicer, each Agent, each Lender and the Backup Servicer with written notice promptlyHedge Counterparty, as soon as possible and in any event within three (3) Business Days after a Responsible Officer of the Borrower obtains knowledge of the occurrence of aneach Event of Default, Unmatured Event of Default orand Facility Amortization EventEvent, a written statement of its chief financial officer or chief accounting officer setting forth, in each case,forth the details of such event and the action that the BorrowerServicer proposes to take with respect thereto.

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