Common use of Litigation and Other Notices Clause in Contracts

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 12 contracts

Samples: Credit Agreement (Amis Holdings Inc), Credit Agreement (Anteon International Corp), Credit Agreement (Amis Holdings Inc)

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Litigation and Other Notices. Furnish Each Borrower shall furnish to the Administrative Agent, the Issuing Bank and each Lender Agent prompt written notice upon its becoming aware of any of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower it or any Affiliate thereof that could of its Subsidiaries which would reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could would reasonably be expected to result in, a Material Adverse Effect.

Appears in 10 contracts

Samples: Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc), Revolving Credit Agreement (Alcoa Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, (i) against the Borrower or any Affiliate thereof Company that could reasonably be expected to result in a Material Adverse Effect; andEffect or (ii) with respect to any Loan Document; (c) any development that has resulted in, or could reasonably be expected to result in, in a Material Adverse Effect; and (d) the occurrence of a Casualty Event in excess of $500,000.

Appears in 9 contracts

Samples: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that which could be reasonably anticipated to be expected to adversely determined and, if adversely determined, could result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated by the Borrower to result in, a Material Adverse Effect.

Appears in 7 contracts

Samples: 364 Day Competitive Advance and Revolving Credit Facility Agreement (Scripps E W Co /De), Credit Facility Agreement (Scripps E W Co /De), 5 Year Competitive Advance and Revolving Credit Facility Agreement (Scripps E W Co /De)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender Agent prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against Parent, the Borrower or any Affiliate thereof Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and (c) any development event or occurrence that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 7 contracts

Samples: Abl Credit Agreement (Community Health Systems Inc), Fourth Amendment and Restatement Agreement (Community Health Systems Inc), Credit Agreement (Community Health Systems Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate Subsidiary thereof that which could reasonably be expected anticipated to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Washington Water Power Co), Revolving Credit Agreement (Avista Corp), Credit Agreement (Avista Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 5 contracts

Samples: Term Loan Credit Agreement (Rotech Healthcare Inc), Term Loan Credit Agreement (Rotech Healthcare Inc), Term Loan Credit Agreement (Rotech Healthcare Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate Subsidiary thereof that which could be reasonably anticipated to be expected to adversely determined and, if adversely determined, could result in a Material Adverse Effect; and (c) any development that has resulted in, or could is reasonably be expected anticipated by the Borrower to result in, a Material Adverse Effect.

Appears in 4 contracts

Samples: Senior Unsecured Term Loan Agreement (Scripps Networks Interactive, Inc.), Five Year Competitive Advance and Revolving Credit Facility Agreement (Scripps Networks Interactive, Inc.), Five Year Competitive Advance and Revolving Credit Facility Agreement (Scripps Networks Interactive, Inc.)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the a Borrower or any Affiliate thereof that which could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Popular Inc), 364 Day Credit Agreement (Popular Inc), 364 Day Credit Agreement (Popular Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Parent, any Borrower or any Affiliate thereof Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Dennys Corp), Credit Agreement (Dennys Corp), Credit Agreement (Dennys Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the followingfollowing promptly after any Responsible Officer of any Loan Party obtains knowledge thereof: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could would reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could would reasonably be expected to result in, a Material Adverse Effect.;

Appears in 3 contracts

Samples: Revolving Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc.)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate Subsidiary thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development effect or impairment known to the Borrower that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Danbury Pharmacal Puerto Rico Inc), Credit Agreement (Schein Pharmaceutical Inc), Credit Agreement (Schein Pharmaceutical Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender Agent prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against it or, in the Borrower or case of El Paso, any Affiliate thereof that Subsidiary that, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (El Paso Electric Co /Tx/), Credit Agreement (El Paso Electric Co /Tx/), Credit Agreement (El Paso Electric Co /Tx/)

Litigation and Other Notices. Furnish In the case of the Borrower, furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and; (c) any development change in the rating by S&P of the Index Debt; and (d) the occurrence of any ERISA Event that, alone or together with any other ERISA Events that has resulted inhave occurred, or could reasonably be expected to result in, in a Material Adverse Effect.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Laboratory Corp of America Holdings), Bridge Loan Agreement (Laboratory Corp of America Holdings), 364 Day Credit Agreement (Laboratory Corp of America Holdings)

Litigation and Other Notices. Furnish to the Administrative Agent, the each Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Citadel Communications Corp), Credit Agreement (Citadel Communications Corp), Credit Agreement (Citadel Communications Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender holder of a Note prompt written notice of the occurrence of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Company or any Affiliate thereof that that, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Secured Note Exchange Agreement (Ta Operating Corp), Senior Secured Note Exchange Agreement (Travelcenters of America Inc)

Litigation and Other Notices. Furnish The Borrower shall furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that Subsidiary which could reasonably be expected anticipated to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Avista Corp), Credit Agreement (Avista Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: : (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; ; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Oak Industries Inc), Credit Agreement (Oak Industries Inc)

Litigation and Other Notices. Furnish Each Borrower shall furnish to the Administrative Agent, the Issuing Bank and each Lender Agent prompt written notice upon its becoming aware of any of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower it or any Affiliate thereof that could of its Subsidiaries which would reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could would reasonably be expected to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Aluminum Co of America), Revolving Credit Agreement (Aluminum Co of America)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt Lender, promptly after obtaining knowledge thereof, written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development with respect to the Borrower or any Subsidiary that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Tranche C Credit Agreement (Terex Corp), Credit Agreement (Terex Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Default or Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; ; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Company or any Affiliate thereof that which, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Cummins Engine Co Inc), Credit Agreement (Cummins Engine Co Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (King Pharmaceuticals Inc), Credit Agreement (King Pharmaceuticals Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Company or any Affiliate thereof that which, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and; (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Tredegar Corp), Revolving Credit Facility Agreement (Tredegar Industries Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate Subsidiary thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development effect or impairment known to the Borrower that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Subordinated Loan Agreement (Schein Pharmaceutical Inc), Senior Subordinated Loan Agreement (Danbury Pharmacal Puerto Rico Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that which could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Allen Ethan Interiors Inc), Credit Agreement (Ethan Allen Interiors Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Borrower, Inland or any Affiliate subsidiary thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Ispat Inland Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt promptly after obtaining knowledge thereof, written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and (c) any development event or occurrence that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Abl Credit Agreement (Quorum Health Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender Bank prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commencecom- mence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Company or any Affiliate thereof that which, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and; (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Tredegar Industries Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof Loan Party that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (PSF Holdings LLC)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that has resulted or could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Electronic Cigarettes International Group, Ltd.)

Litigation and Other Notices. Furnish to the Administrative Agent, the each Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Holdings or any Affiliate thereof Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and; (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.; and

Appears in 1 contract

Samples: Fourth Amended and Restated Agreement (Pactiv Evergreen Inc.)

Litigation and Other Notices. Furnish to the Administrative Agent, the Collateral Agent, each Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof of its Affiliates that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse EffectEffect (such notice to be provided promptly upon any Responsible Officer of the Borrower becoming aware of any such development).

Appears in 1 contract

Samples: Credit Agreement (Ryder TRS Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Parent, any Borrower or any Affiliate thereof Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Dennys Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the each Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Bremen Bearings Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower any Credit Party or any Affiliate thereof that which, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

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Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Potential Event of Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that of the Borrower which could reasonably be expected anticipated to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Aliant Communications Co)

Litigation and Other Notices. Furnish The Borrower shall furnish to the Administrative Agent, the each Lender and each Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that Subsidiary which could reasonably be expected anticipated to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Avista Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the occurrence of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or written notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that that, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Westinghouse Air Brake Co /De/)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Fronting Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower IMS or any Subsidiary or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (International Manufacturing Services Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender Agent prompt written notice of the following: (a) any Event of Default or DefaultDefault continuing on the date of such notice, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that Subsidiary that, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted inresulted, or could reasonably be expected to result inin the Borrower's reasonable judgment, in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Arm Financial Group Inc)

Litigation and Other Notices. Furnish to the Administrative Administra- tive Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Parent, any Borrower or any Affiliate thereof Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Advantica Restaurant Group Inc)

Litigation and Other Notices. Furnish The Borrower shall furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that Subsidiary which could reasonably be expected anticipated to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Avista Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tel Save Holdings Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that which, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and; (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Fronting Banks and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; (c) the loss, suspension or other material impairment of any material FCC license or any other material approval, certification or authorization of any Governmental Authority; and (cd) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Shared Technologies Inc)

Litigation and Other Notices. Furnish to the Administrative Paying Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development of which a Responsible Officer is aware that has resulted in, or could which such Responsible Officer has reasonably be expected to concluded will result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Pacificorp /Or/)

Litigation and Other Notices. Furnish to Promptly notify the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice in writing of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that where there exists a reasonable likelihood of an adverse determination and an adverse determination could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Kuhlman Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Oak Industries Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, Agent (and the Issuing Bank and Administrative Agent shall then furnish to each Lender Lender) prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; (c) the loss, suspension or material impairment of any material license, approval, certification or authorization granted by any Governmental Authority; and (cd) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Morrison Knudsen Corp//)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt Agent written notice of the following:following promptly (and, in any event, within three Business Days of the occurrence thereof): (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit suit, litigation or proceeding, whether at law or in equity or by or before any Governmental Authority, (i) against the Borrower any Company or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; andEffect or (ii) with respect to any Loan Document; (c) any development that has resulted in, or could reasonably be expected to result in, in a Material Adverse Effect.; (d) the occurrence of a Casualty Event that could reasonably be expected to result in a Material Adverse Effect; and

Appears in 1 contract

Samples: Credit Agreement (Adesa Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Term Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate Loan Party that has a reasonable likelihood of being adversely determined and if so determined thereof that has resulted or could reasonably be expected to result in a Material Adverse Effect; and (c) any development that that, in the reasonable and good faith determination of the Borrower, has resulted in, or could reasonably be expected to result in, in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (TreeHouse Foods, Inc.)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and Agent (with copies for each Lender Lender) prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that has resulted or could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Electronic Cigarettes International Group, Ltd.)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Collateral Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof of its Affiliates that could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse EffectEffect (such notice to be provided promptly upon any Responsible Officer of the Borrower becoming aware of any such development).

Appears in 1 contract

Samples: Credit Agreement (Ryder TRS Inc)

Litigation and Other Notices. Furnish to the Administrative Paying Agent, the Issuing Bank and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; ; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and and (c) any development of which a Responsible Officer is aware that has resulted in, or could which such Responsible Officer has reasonably be expected to concluded will result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Pacificorp /Or/)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender Noteholders prompt (but in any event within five Business Days thereof) written notice of the following: (ai) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (bii) the filing or commencement of, or any threat or notice of intention of any person Person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower Company or any Affiliate thereof that could reasonably be expected to result in a Material Adverse Effect; and (ciii) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Exchange Agreement (Coram Healthcare Corp)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt ---------------------------- written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that which, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; and (c) any development that has resulted in, or could reasonably be expected anticipated to result in, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Birner Dental Management Services Inc)

Litigation and Other Notices. Furnish to the Administrative Agent, the Issuing Bank Agent and each Lender prompt written notice of the following: (a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; (b) the filing or commencement of, or any threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority, against the a Borrower or any Affiliate thereof that which could reasonably be expected to result in a Material Adverse Effect; and (c) any other development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.. 51

Appears in 1 contract

Samples: 364 Day Credit Agreement (Popular Inc)

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