Common use of Disputes, Etc Clause in Contracts

Disputes, Etc. The Company shall provide to the Administrative Agents prompt written notice of (i) any claims, legal or arbitration proceedings, proceedings before any Governmental Authority, or disputes, or to the knowledge of the Company, any such actions threatened, or affecting the Company or any Subsidiary, which, if adversely determined, could reasonably be expected to cause a Material Adverse Change, or any material labor controversy of which the Company or any Subsidiary has knowledge resulting in or reasonably considered to be likely to result in a strike against the Company or any Subsidiary, and (ii) any claim, judgment, Lien or other encumbrance (other than a Permitted Lien) affecting any Property of the Company or of any Subsidiary, if the value of the claim, judgment, Lien, or other encumbrance affecting such Property shall exceed $5,000,000;

Disputes, Etc. The Company shall provide to the Administrative Agents prompt written notice of (i) any claims, legal or arbitration proceedings, proceedings before any Governmental Authority, or disputes, or to the knowledge of the Companyany Restricted Entity, any such actions threatened, or affecting the Company or any SubsidiaryRestricted Entity, which, if adversely determined, could reasonably be expected to cause a Material Adverse Change, or any material labor controversy of which the Company or any Subsidiary Restricted Entity has knowledge resulting in or reasonably considered to be likely to result in a strike against the Company or any SubsidiaryRestricted Entity, and (ii) any claim, judgment, Lien or other encumbrance (other than a Permitted Lien) affecting any Property of the Company or of any SubsidiaryRestricted Entity, if the value of the claim, judgment, Lien, or other encumbrance affecting such Property shall exceed $5,000,000;