Notice of Certain Litigation. Promptly following the commencement thereof, the Company shall provide the Investor written notice and a description in reasonable detail of any litigation or proceeding to which the Company or any subsidiary of the Company is a party, in which the amount involved is $250,000 or more and which is not covered by insurance or in which injunctive or similar relief is sought.
Appears in 19 contracts
Samples: Investment Agreement (Tri Valley Corp), Investment Agreement (Tri Valley Corp), Warrant Agreement (Greenland Corp)
Notice of Certain Litigation. Promptly following the commencement thereof, the Company shall provide the Investor written notice and a description in reasonable detail of any litigation or proceeding to which the Company or any subsidiary of the Company is a party, ; in which the amount involved is $250,000 or more and which is not covered by insurance or in which injunctive or similar relief is sought.
Appears in 17 contracts
Samples: Investment Agreement (Blue Sphere Corp.), Investment Agreement (Dynamic Ventures Corp.), Investment Agreement (Amarantus BioSciences, Inc.)
Notice of Certain Litigation. Promptly following the ------------------------------- commencement thereof, the Company shall provide the Investor written notice and a description in reasonable detail of any litigation or proceeding to which the Company or any subsidiary of the Company is a party, ; in which the amount involved is $250,000 or more and which is not covered by insurance or in which injunctive or similar relief is sought.
Appears in 2 contracts
Samples: Investment Agreement (E Rex Inc), Investment Agreement (E Rex Inc)
Notice of Certain Litigation. Promptly following the commencement thereof, the Company shall provide the Investor written notice and a description in reasonable detail of any litigation or proceeding to which the Company or any subsidiary of the Company is a party, ; in which the amount involved is $250,000 or more and which is not covered by insurance or in which injunctive or similar relief is soughtsought and shall simultaneously file a Form 8-K covering such occurrence.
Appears in 2 contracts
Samples: Investment Agreement (Li3 Energy, Inc.), Investment Agreement (Li3 Energy, Inc.)
Notice of Certain Litigation. Promptly following the commencement thereof, the Company shall provide the Investor written notice and a description in reasonable detail of any litigation or proceeding to which the Company or any subsidiary of the Company is a party, ; in which the amount involved is $250,000 500,000 or more and which is not covered by insurance or in which injunctive or similar relief is sought.
Appears in 1 contract
Samples: Investment Agreement (Alternate Energy Holdings, Inc.)
Notice of Certain Litigation. Promptly following the commencement thereof, the Company shall provide the Investor written notice and a description in reasonable detail of any litigation or proceeding to which the Company or any subsidiary of the Company is a party, in which the amount involved is $250,000 or more and which is not covered by insurance or in which injunctive or similar relief is sought.
Appears in 1 contract
