Notice of Adverse Events. Promptly notify the Lender of any actions, suits, proceedings or claims before any court, governmental department, commission, board, bureau, agency or instrumentality, commenced or threatened against the Borrowers involving Twenty-Five Thousand Dollars ($25,000.00) or more or which could otherwise affect the conduct of its business.
Appears in 4 contracts
Samples: Business Loan Agreement (Genomic Solutions Inc), Business Loan Agreement (Genomic Solutions Inc), Business Loan Agreement (Genomic Solutions Inc)