Common use of Change in Accounts Clause in Contracts

Change in Accounts. To the extent not otherwise disclosed in a Borrowing Base Certificate previously delivered to the Administrative Agent, the Borrower shall notify the Administrative Agent promptly upon a Duly Authorized Officer obtaining knowledge of (i) any event or circumstance which, to any Loan Party’s knowledge, would result in any existing material Account no longer constituting an Eligible Account and (ii) all material adverse information relating to the financial condition of any material Account Debtor of the Borrower and its Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.)

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Change in Accounts. To the extent not otherwise disclosed in a Borrowing Base Certificate previously delivered to the Administrative Agent, the Borrower shall notify the Administrative Agent promptly upon a Duly Authorized Officer obtaining knowledge learning of (i) any event or circumstance which, to any Loan Party’s knowledge, would result in any existing material Account no longer constituting an Eligible Account and (ii) all material adverse information relating to the financial condition of any material Account Debtor of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Limbach Holdings, Inc.)

Change in Accounts. To the extent not otherwise disclosed in a Borrowing Base Certificate previously delivered to the Administrative AgentAgents, the Administrative Borrower shall notify the Administrative Agent Agents promptly upon a Duly an Authorized Officer Officer’s obtaining knowledge of (i) any event or circumstance which, to any Loan Party’s knowledge, would result in any existing material Account no longer constituting an Eligible Account and (ii) all material adverse information relating to the financial condition of any material Account Debtor of the Borrower and its SubsidiariesLoan Parties.

Appears in 1 contract

Samples: Abl Financing Agreement (Limbach Holdings, Inc.)

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Change in Accounts. To the extent not otherwise disclosed in a Borrowing Base Collateral Coverage Amount Certificate previously delivered to the Administrative AgentAgents, the Administrative Borrower shall notify the Administrative Agent Agents promptly upon a Duly an Authorized Officer Officer’s obtaining knowledge of (i) any event or circumstance which, to any Loan Party’s knowledge, would result in any existing material Account no longer constituting an Eligible Account and (ii) all material adverse information relating to the financial condition of any material Account Debtor of the Borrower and its SubsidiariesCollateral Coverage Parties.

Appears in 1 contract

Samples: Financing Agreement (Limbach Holdings, Inc.)

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