Common use of ADVERSE CHANGES AND LITIGATION Clause in Contracts

ADVERSE CHANGES AND LITIGATION. Borrower shall immediately inform Lender of any material adverse change in its financial condition, or the financial condition of Guarantors, and shall promptly inform Lender of any litigation or threatened litigation or of the occurrence of any other event or circumstance which might substantially affect the financial condition or business of Borrower or Guarantors.

ADVERSE CHANGES AND LITIGATION. Borrower shall immediately inform Lender of any material adverse change in its financial condition, or the financial condition of GuarantorsGuarantor, and shall promptly inform Lender of any litigation or threatened litigation or of the occurrence of any other event or circumstance which might substantially affect the financial condition or business of Borrower or GuarantorsGuarantor.

ADVERSE CHANGES AND LITIGATION. Borrower shall immediately inform Lender BANKFIRST of any material adverse change in its financial condition, or the financial condition of GuarantorsGuarantor, and shall promptly inform Lender BANKFIRST of any litigation or threatened litigation or of the occurrence of any other event or circumstance which might substantially affect the financial condition or business of Borrower or GuarantorsGuarantor.

ADVERSE CHANGES AND LITIGATION. Borrower shall immediately inform Lender of any material adverse change in its financial condition, or the financial condition of GuarantorsGuarantor, and shall promptly inform Lender of any litigation or threatened in writing litigation or of the occurrence of any other event or circumstance which might substantially affect which, if adversely determined, would reasonably be expected to have a material adverse change on the financial condition or business of Borrower or GuarantorsGuarantor.

ADVERSE CHANGES AND LITIGATION. Borrower shall immediately inform Lender of any material adverse change in its financial condition, or the financial condition of Guarantors, and shall promptly inform Lender of any litigation or threatened litigation litigation, or of the occurrence of any other event or circumstance which might substantially affect the financial condition or business of Borrower or GuarantorsBorrower.