Blockage Notice

Blockage Notice. Shall mean a notice signed by Senior Lender and delivered to Subordinated Lender to the effect that a Default or an Event of Default has occurred and is continuing under the Loan Documents as of the date of such Notice.

Blockage Notice. Shall mean a written notice from Agent or Hilco to the Junior Creditor that an Event of Default has occurred and is continuing.

Blockage Notice. A written notice from the Senior Lender to the Subordinated Lenders that a Default has occurred and is continuing or a Default would occur if an interest or principal payment were made under the Subordinated Loan Documents in accordance with the terms thereof.

Blockage Notice. A written notice from the Senior Lender to Corsair that (a) a Non-Payment Event of Default has occurred and is continuing or (b) an Event of Default would occur if a scheduled interest or principal payment were made under the Amended and Restated Note A in accordance with the terms thereof.

Blockage Notice. Shall mean a written notice from the Agent to the Subordinated Lender that a Senior Lenders Event of Default has occurred and is continuing and specifying such Senior Lenders Event of Default.

Blockage Notice. A written notice from the Senior Agent to the Subordinated Lenders that (a) an Other Event of Default has occurred and is continuing or (b) an Other Event of Default would occur if a scheduled interest or principal payment were made under the Subordinated Note in accordance with the terms thereof.