Common use of Legal Action Notice Clause in Contracts

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is reasonably likely to result in a Material Adverse Change; and

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is reasonably likely to could result in damages or costs to Borrower or any of its Subsidiaries that could reasonably be expected to cause a Material Adverse Change; andChange with respect to Borrower or any of its Subsidiaries;

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is reasonably likely to could result in a Material Adverse Changedamages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, [****] or more; and

Legal Action Notice. A prompt report of the commencement of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is would reasonably likely be expected to result in have a Material Adverse Change; andEffect.

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower a Loan Party or any of its Subsidiaries that is that, if adversely determined, would reasonably likely be expected to result in a Material Adverse Change; and;

Legal Action Notice. A prompt report of any legal actions action, litigation, investigation or proceeding pending or or, in each case, threatened in writing against Borrower any Credit Party or any of its Subsidiaries Subsidiaries, or any material development in any such legal action, litigation, investigation or proceeding, that is could reasonably likely be expected to be determined adversely and, if so determined, to result in a Material Adverse Change; and;

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is could reasonably likely be expected to result in damages of $250,000 or more or have a Material Adverse Changematerial adverse effect upon Borrower’s business; and

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is could reasonably likely be expected to result in have a Material Adverse Change; andmaterial adverse effect on the financial condition or business of Borrower and its consolidated Subsidiaries, taken as a whole;

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is are reasonably likely to result in have a Material Adverse Change; and;

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries Subsidiaries, including without limitation any notices by the SEC or any Governmental Authority, that is reasonably likely to could result in a Material Adverse Changedamages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate $100,000) or more, but only to the extent that Borrower is not prohibited from disclosing such information; and

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries Credit Party that is reasonably likely to could result in damages or costs to the Credit Parties of, individually or in the aggregate, that could reasonably be expected have a Material Adverse Change; and

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that is could reasonably likely be expected to result in cause a Material Adverse Change; and;

Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against the Borrower or any of its Subsidiaries that is would reasonably likely be expected to result in have a Material Adverse Change; andEffect.