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Common use of Notice of Action Clause in Contracts

Notice of Action. The Borrower will promptly notify the Administrative Agent in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers has knowledge in connection with any Environmental Laws if such action, investigation or inquiry would reasonably be expected to result in a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Exterran Corp), Credit Agreement (Exterran Corp), Credit Agreement (Exterran Holdings Inc.)

Notice of Action. The Borrower will promptly notify the Administrative Agent and the Lenders in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers the Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing, monitoring and corrective action, investigation or inquiry would reasonably be expected to result in a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co)

Notice of Action. The Borrower will promptly notify the Administrative Agent and the Lenders in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers the Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing and corrective action, investigation or inquiry would reasonably be expected to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Arena Resources Inc), Credit Agreement (Arena Resources Inc), Credit Agreement (Miller Exploration Co)

Notice of Action. The Borrower will promptly notify the Administrative Agent and the Lenders in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers the Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing and corrective action, investigation or inquiry would reasonably be expected to result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Senior Subordinated Credit Agreement (Brown Tom Inc /De), Credit Agreement (Brown Tom Inc /De), Credit Agreement (Atp Oil & Gas Corp)

Notice of Action. The Borrower will promptly notify the Administrative Agent in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers the Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing and corrective action, investigation or inquiry would reasonably be expected to result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Castle Dental Centers Inc), Credit Agreement (Castle Dental Centers Inc), Credit Agreement (Castle Dental Centers Inc)

Notice of Action. The Borrower will promptly notify the Administrative Agent and the Lenders in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing and corrective action, investigation or inquiry would reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Isramco Inc), Credit Agreement (Isramco Inc)

Notice of Action. The Borrower will promptly notify the Administrative Agent and the Lenders in writing of any threatened action, investigation or inquiry by any Governmental Authority of which any of its Responsible Officers Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing and corrective action, investigation or inquiry would reasonably be expected to result in which if adversely determined could have a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Unsecured Credit Agreement (Callon Petroleum Co), Credit Agreement (Callon Petroleum Co)

Notice of Action. The Borrower will promptly notify the Administrative Agent and the Lenders in writing of any threatened action, investigation or inquiry by any Governmental Authority or other Person of which any of its Responsible Officers the Borrower has knowledge in connection with any Environmental Laws if such Laws, excluding routine testing and corrective action, investigation or inquiry which would reasonably be expected expected, individually or in the aggregate, to result in have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (NPC International Inc)