Second Lien Default Notice

Second Lien Default Notice. Shall mean a written notice from Second Lien Creditor to First Lien Lender pursuant to which First Lien Lender is notified of the occurrence of a Second Lien Default, which notice incorporates a reasonably detailed description of such Second Lien Default and expressly refers to this Agreement and indicates that it is a "Second Lien Default Notice" for the purposes of this Agreement.

Second Lien Default Notice. Shall mean a written notice from Second Lien Agent to First Lien Agent pursuant to which First Lien Agent is notified of the occurrence of a Second Lien Actionable Default, which notice incorporates a reasonably detailed description of such Second Lien Actionable Default and states that such notice is a "Second Lien Default Notice" for purposes of this Agreement.