Notice of Certain Events and Conditions Sample Clauses

Notice of Certain Events and Conditions. The Partnership will promptly, and in any event within 5 days, give written notice to each holder of an outstanding Note of (i) any event of acceleration or event of default (or other event or condition that, after notice or the passage of time or both, could become an event of acceleration or event of default) under any evidence of Indebtedness (including the Notes) of the Partnership or of any Subsidiary of which the Partnership has knowledge, or under any indenture, mortgage or other agreement relating to any such evidence of Indebtedness (including this Agreement) or under any material lease or any preferred stock, for or in respect of which the Partnership or any Subsidiary may be liable, or (ii) the giving by any holder of a Note or any other evidence of Indebtedness or other Security of the Company or a Subsidiary of notice with respect to a claimed event of acceleration or event of default or any other such condition or event.
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Notice of Certain Events and Conditions. The Company shall give prompt written notice to each holder of Securities of the following: (a) upon the Company's knowledge, (i) any Default or Event of Default or (ii) any default or event of default (whether by the Company or any other party) under any other agreement to which the Company is a party, if such default or event of default would cause, or in the future may cause, a Material Adverse Effect; (b) any (i) ERISA Termination Event; (ii) "prohibited transaction" (within the meaning of Section 4975 of the Code or Section 406 of ERISA) with respect to any Plan maintained by the Company or any of its Subsidiaries, other than one to which an exemption applies; (iii) failure to make a timely contribution to any Plan, if such failure has given rise to a Lien imposed upon the Company or any of its Subsidiaries under Section 412(n) of the Code; or (iv) actual, asserted or alleged violation of ERISA or the Code that, with respect to any of the events set forth in the foregoing clauses (i) through (iv), is reasonably likely to result in the imposition of a tax or other penalty on the Company or any Subsidiary in connection with any Plan that would result in a Material Adverse Effect, including, when known, a description of any action taken by the Internal Revenue Service, the U.S. Department of Labor or the PBGC with respect thereto; (c) the institution of any suit, action or proceeding (i) against the Company or any Subsidiary which is reasonably likely to have a Material Adverse Effect, (ii) in which the amount involved exceeds $250,000 or in which injunctive or similar relief is sought or (iii) between the Company and any governmental authority (such notice shall in any event be given within thirty (30) days after any officer of the Company shall have knowledge of such event or condition); (d) any failure by the Company to comply with any of its covenants or agreements specified herein, in the Notes or in the Articles of Incorporation; and (e) since the date hereof, to the knowledge of the Company, any Material Adverse Effect. Each notice pursuant to this 11.2 shall be in the form of an Officer's Certificate of the Company specifying (A) the nature and period of existence of the particular event, (B) what action the Company has taken or is taking or proposes to take with respect thereto and (C) if appropriate, an estimate of the time necessary to cure such condition or event.
Notice of Certain Events and Conditions. The Lessee and JFC --------------------------------------- will promptly, and in any event within 5 days, give written notice to the Agent and each Lender of: (x) any event of acceleration or event of default (or other event or condition that, after notice or the passage of time or both, could become an event of acceleration or event of default) under this Master Agreement and the other Operative Documents or under any evidence of Indebtedness of the Lessee or of any Subsidiary of which the Lessee or JFC has knowledge, or under any indenture, mortgage or other agreement relating to any such evidence of Indebtedness or under any material lease or any preferred stock, for or in respect of which the Lessee or any Subsidiary may be liable, (y) the giving by the Agent or any Lender, or by the holder of any other evidence of Indebtedness or other Security of the Lessee, JFC or any of its or their Subsidiaries of notice with respect to a claimed event of acceleration or event of default or any other such condition or event, or (z) any notice given to the SEC pursuant to subsection (e)(1) of Rule 15c3-1 or any notice of noncompliance with Rule 15c3-1.
Notice of Certain Events and Conditions. Each of the Parent or the Company shall give prompt written notice to each holder of Securities of the following: (a) any condition or event which constitutes a Default or an Event of Default (such notice shall in any event be given within five (5) Business Days after any officer of the Parent or the Company shall have knowledge of such event or condition.); (b) upon the Parent's or the Company's knowledge, any default or event of default (whether by the Company, the Parent or any other party) under any other agreement to which the Company or the Parent is a party, if such default or event of default would cause, or in the future may cause, a Material Adverse Effect; (c) upon the Company's knowledge, any default or event of default under any agreement relating to all or a portion of the Mortgaged Property to which the Company is a party; (d) any (i) ERISA Termination Event; (ii) "prohibited transaction" (within the meaning of Section 4975 of the Code or Section 406 of ERISA) with respect to any Plan maintained by the Parent, the Company or any of its Subsidiaries, other than one to which an exemption applies; (iii) failure to make a timely contribution to any Plan, if such failure has given rise to a Lien imposed upon the Parent, the Company or any of its Subsidiaries under Section 412(n) of the Code; or (iv) actual, asserted or alleged violation of ERISA or the Code that, with respect to any of the events set forth in the foregoing clauses (i) through (iv), is reasonably likely to result in the imposition of a tax or other penalty on the Parent, the Company or any Subsidiary in connection with any Plan that would result in a Material Adverse Effect, including, when known, a description of any action taken by the Internal Revenue Service, the U.S. Department of Labor or the PBGC with respect thereto; (e) the institution of any suit, action or proceeding (i) against the Company, the Parent or any Subsidiary which is reasonably likely to have a Material Adverse Effect, (ii) affecting all or a portion of the Mortgaged Property in which the amount involved exceeds $1,000,000 or in which injunctive or similar relief is sought or (iii) between the Company or the Parent and any governmental authority (such notice shall in any event be given within thirty (30) days after any officer of the Company or the Parent shall have knowledge of such event or condition.); (f) any claim exceeding $250,000 made under any insurance policy with respect to all or a portion of the...
Notice of Certain Events and Conditions. The Company will give ------------------------------------------ prompt written notice to each Noteholder of any event of default (including, without limitation, any Event of Default) or any event which with notice or lapse of time or both would constitute an event of default (including, without limitation, any Default) under any evidence or evidences of Indebtedness (including the Notes) in an aggregate principal amount of $1,000,000 or more of the Company and/or any Subsidiary or under any indenture, mortgage or other agreement or instrument relating to any such evidence of Indebtedness (including this Agreement) or under any other agreement or instrument relating to preferred stock (or comparable equity interest) of the Company or any Subsidiary or under any material lease for or in respect of which the Company or any Subsidiary may be liable.
Notice of Certain Events and Conditions. The Company will give prompt written notice to each holder of an outstanding Note of any event of default (or any event which with notice or lapse of time or both would constitute an event of default) under any evidence of Indebtedness for Money Borrowed in an aggregate amount of $1,000,000 or more of the Company or any of its Affiliates, or under any indenture, mortgage or other agreement or instrument relating to any such evidence of Indebtedness for Money Borrowed, and what action the Company has taken, is taking or proposes to take and an estimate of the time necessary to cure any such default.
Notice of Certain Events and Conditions. 10 5.4 Inspection. 11 5.5
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Notice of Certain Events and Conditions. Give prompt written notice to the Payee of (a) any event of default (or any event which with notice or lapse of time or both would constitute an event of default) or default (i) under any evidence of Indebtedness (including the Note) in an aggregate amount of $250,000 or more of the Company or (ii) under any indenture, mortgage or other agreement or instrument relating to any such evidence of Indebtedness (including this Agreement or the Note) or (iii) under any other agreement or instrument relating to the membership interests in the Company, (b) any threatened or pending action, suit or proceeding against the Company or its properties or assets which might have a Material Adverse Effect or which in any manner questions the validity of this Agreement, the Note, the Conversion Interest or any other document or agreement relating to any of the foregoing, (c) any event or condition which might have a Material Adverse Effect, (d) any default beyond any applicable grace period under the terms and provisions of any material contract to which the Company is a party or by which it or any of its properties may be bound or affected, (e) any threatened or actual suspension, termination or revocation of any material license, permit, authorization, franchise or other certificate necessary to the proper conduct of the business of the Company, and (f) any claim, action, suit or proceeding against the Company based upon or arising out of either of the Leases, the Conveyance Obligation or the Asset Purchase Agreement. The Company will provide the Payee with reasonably prompt notice and with copies of all amendments and supplements to the Company's Operating Agreement, and with such additional information with respect to all of the foregoing as may be reasonably requested by the Payee.
Notice of Certain Events and Conditions. (a) Each Co-Issuer will give prompt written notice to each holder of Notes of any event of default (including, without limitation, any Event of Default) or any event which with notice or lapse of time or both would constitute an event of default (including, without limitation, any Default) under any evidence or evidences of Indebtedness (including the Notes) in an aggregate amount of $1,000,000 or more of any Credit Party or any of its Subsidiaries or under any indenture, mortgage or other agreement or instrument relating to any such evidence of Indebtedness (including this Agreement and the Other Agreements) or under any other agreement or instrument relating to preferred stock (or comparable equity interest) of any Credit Party or any of its Subsidiaries or under any material lease for or in respect of which any Credit Party and any of its Subsidiaries may be liable. (b) Each Co-Issuer will give sixty (60) days prior written notice to each holder of the Notes of the termination of the Revolving Credit Commitment (as defined in the Revolving Credit Agreement). (c) Each Co-Issuer will give written notice to each holder of the Notes no less than six (6) months prior to the expiration of the UCC-1 financing statements naming the Pledgors as Debtor and filed in favor of the Trustee. Each Co-Issuer hereby agrees to take, or cause to be taken, all actions (including, without limitation, the filing of any Uniform Commercial Code Financing Statements, amendments or continuation statements) necessary to perfect or otherwise protect the liens and security interests created under the Pledge Agreements and to obtain the benefits of the Pledge Agreements in accordance with the terms of this Agreement, the Other Agreements and the Transaction Documents.
Notice of Certain Events and Conditions. The Debtor will give prompt written notice to the Lender, and will cause each of the Additional Assets to give prompt written notice to the Lender, of any event of default or any event which with notice or lapse of time or both would constitute an event of default under any evidence or evidences of Indebtedness aggregating in excess of $100,000, or under any indenture, mortgage or other agreement or instrument relating to any such evidence of such Indebtedness or under any other agreement or instrument relating to preferred stock (or comparable equity interests) of the Debtor and each of the Additional Assets, respectively, or under any material lease for or in respect of which the Debtor or any of the Additional Assets, respectively, may be liable.
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