Material Adverse Developments. Borrower agrees that promptly upon becoming aware of any development or other information outside the ordinary course of business and excluding matters of a general economic, financial or political nature which would reasonably be expected to have a Material Adverse Effect it shall give to Administrative Agent notice specifying the nature of such development or information and such anticipated effect.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Rti Surgical, Inc.)
Material Adverse Developments. Borrower agrees that promptly upon becoming aware of any development or other information outside the ordinary course of business and excluding matters of a general economic, financial or political nature which would reasonably be expected to have a Post-Closing Material Adverse Effect it shall give to Administrative Agent notice specifying the nature of such development or information and such anticipated effect.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (RTI Biologics, Inc.)
Material Adverse Developments. Borrower agrees that promptly immediately upon becoming aware obtaining knowledge of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature nature) which would reasonably be expected to have a Material Adverse Effect it shall give to Administrative Agent notice specifying the nature of such development or information and such anticipated effect.Administrative
Appears in 1 contract
Samples: Loan and Security Agreement (Newtek Business Services Corp.)
