Notice of Claims, etc. The Company shall immediately notify the holders, and provide copies upon receipt, of all written claims, complaints, notices or inquiries from governmental authorities relating to the condition of the facilities and properties of the Company or its Subsidiaries or compliance with Environmental Laws which could have a Material Adverse Effect, and shall use best efforts to promptly cure and have dismissed with prejudice to the satisfaction of the Majority Holders any actions and proceedings relating to compliance with Environmental Laws.
Appears in 2 contracts
Samples: Senior Notes Master Shelf Agreement (Transmontaigne Oil Co), Master Shelf Agreement (Transmontaigne Inc)
Notice of Claims, etc. The Each of the Company and its --------------------- Subsidiaries shall immediately notify the holdersPrincipal Holders, and provide copies upon receipt, of all material written claims, complaints, notices or inquiries from governmental authorities relating to the condition of the it facilities and properties of the Company or its Subsidiaries or compliance with Environmental Laws which could have a Material Adverse EffectLaws, and shall use best reasonable efforts to promptly cure and have dismissed with prejudice to the reasonable satisfaction of the Majority Required Holders any actions and proceedings relating to compliance with Environmental Laws.
Appears in 1 contract
Samples: Securities Purchase Agreement (Physician Health Corp)
Notice of Claims, etc. The Each of the Company and its --------------------- Subsidiaries shall immediately notify the holderseach Principal Holder, and provide copies upon receipt, of all material written claims, complaints, notices or inquiries from governmental authorities relating to the condition of the its facilities and properties of the Company or its Subsidiaries or compliance with Environmental Laws which could have a Material Adverse EffectLaws, and shall use best reasonable efforts to promptly cure and have dismissed with prejudice to the reasonable satisfaction of the Majority Required Holders any actions and proceedings relating to compliance with Environmental Laws.
Appears in 1 contract
Samples: Securities Purchase Agreement (Physician Health Corp)