Common use of Litigation; Adverse Changes Clause in Contracts

Litigation; Adverse Changes. Company will promptly notify Bank in writing of (a) any event which, if existing at the date hereof, would require qualification of the representations and warranties set forth in Sections 3.10 and 3.13 and (b) any material adverse change in the condition, business, or prospects, financial or otherwise, of Company.

Appears in 2 contracts

Samples: Reimbursement Agreement (Angiodynamics Inc), Reimbursement Agreement (Angiodynamics Inc)

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Litigation; Adverse Changes. Company will promptly notify the Bank in writing of (a) any future event which, if existing at it had existed on the date hereofof this Agreement, would require have required qualification of the representations and warranties set forth in Sections 3.10 and 3.13 Article 3 hereof and (b) any material adverse change in the condition, business, or prospects, financial or otherwise, of the Company.

Appears in 1 contract

Samples: Term Loan Agreement (National Interstate CORP)

Litigation; Adverse Changes. Company The Companies will promptly notify the Bank in writing of of: (a1) any future event which, if existing at it had existed on the date hereofof this Agreement, would require have required qualification of the representations and warranties set forth in Sections 3.10 and 3.13 Article III hereof; and (b2) any material adverse change in the condition, business, business or prospects, financial or otherwise, of Companythe Companies.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Morgan Group Inc)

Litigation; Adverse Changes. The Company will promptly notify the Bank in writing of (a) any event which, if existing at the date hereof, would require a material qualification of the representations and warranties set forth in Sections 3.10 and 3.13 Section 3.6 and (b) any material adverse change in the condition, business, or prospects, financial or otherwise, of the Company.

Appears in 1 contract

Samples: Reimbursement Agreement (Mechanical Technology Inc)

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Litigation; Adverse Changes. The Company will promptly notify --------------------------- the Bank in writing of (a) any event which, if existing at the date hereof, would require a material qualification of the representations and warranties set forth in Sections 3.10 and 3.13 Section 3.6 and (b) any material adverse change in the condition, business, or prospects, financial or otherwise, of the Company.

Appears in 1 contract

Samples: Replacement Reimbursement Agreement (Plug Power Inc)

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