Common use of Financial Information; Defaults Clause in Contracts

Financial Information; Defaults. (i) The Borrower shall promptly inform the Agent of any event which is or may become a default or breach of the Borrower's obligations under the Loan Documents or result in a Default or Event of Default, or any event which materially adversely affects its ability fully to perform any of its obligations under any Loan Document, or any event of default which has occurred and is continuing under any material agreement to which the Borrower or any of its Subsidiaries is a party;

Financial Information; Defaults. (i) The Borrower and the Guarantors shall promptly inform the Agent of any event which is or may become a default or breach of the Borrower's obligations ’s obligations, respectively, under the Loan Documents or result in a Default or Event of Default, or any event which materially adversely affects its ability fully to perform any of its obligations under any Loan Document, or any event of default which has occurred and is continuing under any material agreement to which the Borrower or any of its Subsidiaries is a party;