Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement thereof, give notice to the Bank in writing of the occurrence of any Event of Default or any Unmatured Event of Default, or the occurrence of any condition or event having a Material Adverse Effect.

Notice of Event of Default or Material Adverse Effect. The Borrowers shall, immediately after the commencement thereof, give notice to Lender in writing of the occurrence of any Event of Default or any Unmatured Event of Default, or the occurrence of any condition or event having a Material Adverse Effect.

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Notice of Event of Default or Material Adverse Effect. Each Borrower shall, promptly after knowledge thereof shall have come to the attention of any officer, director, member or manager of such Borrower from any source, and in any event within three (3) Business Days of such knowledge, give notice to Lender in writing of the occurrence of any Event of Default or any Unmatured Event of Default, or the occurrence of any condition or event having a Material Adverse Effect.

Notice of Event of Default or Material Adverse Effect. Each Borrower shall, immediately after the commencement thereof, give notice to the Bank in writing of the occurrence of any Event of Default or any Unmatured Event of Default, or the occurrence of any condition or event having a Material Adverse Effect. Without limiting the generality of the foregoing, each Borrower specifically agrees that is will notify Bank in writing, within five (5) Business Days after the earlier of when a Borrower learns, or is notified of the occurrence, of any material breach by such Borrower of, a notice of termination or acceleration, or any demand for adequate assurances under, any Applicable Agreement to which such Borrower is a party.

Notice of Event of Default or Material Adverse Effect. The Distribution Borrowers with respect to Distribution Events of Default, Distribution Unmatured Events of Default and Distribution Material Adverse Effects and the Fulfillment Borrowers with respect to Fulfillment Events of Default, Fulfillment Unmatured Events of Default and Fulfillment Material Adverse Effects shall, immediately after the commencement thereof, give notice to the Lender in writing of the occurrence of any Event of Default or any Unmatured Event of Default, or the occurrence of any condition or event having a Distribution Material Adverse Effect, or a Fulfillment Material Adverse Effect.

Notice of Event of Default or Material Adverse Effect. The Borrower shall, promptly, but in any event within three (3) Business Days after the commencement thereof or after any Responsible Officer having knowledge thereof, give written notice to the Bank in writing of the occurrence of any Event of Default or any Unmatured Event of Default, or the occurrence of any condition or event having or which could reasonably be expected to have a Material Adverse Effect. In addition, the Borrower shall, promptly, but in any event within three (3) Business Days after obtaining knowledge or notice thereof, give notice to the Bank of (i) (A) any loss of or damage to any of the Collateral with a value in excess of Two Hundred and Fifty Thousand and 00/100 Dollars ($250,000) or (B) the commencement of any proceeding for the condemnation or other taking of any of the assets of an Obligor, if condemnation proceeds in excess of Two Hundred and Fifty Thousand and 00/100 Dollars ($250,000) are likely to be payable as a consequence of such proceeding, or (C) if such loss, damage or proceeding has or could reasonably be expected to have a Material Adverse Effect, (ii) any default or event of default, or the occurrence of any event which would with the passage of time, giving of notice or otherwise, constitute a default or event of default with respect to any Debt of any Obligor which is in an amount which exceeds Two Hundred and Fifty Thousand and 00/100 Dollars ($250,000), (iii) an actual or alleged violation of any law applicable to any Obligor or the property of any Obligor which such actual or alleged violation could reasonably be expected to have a Material Adverse Effect, (iv) violation of any covenant in Section 10 hereof as of the date of testing, (v) if any customer has suspended business, made a general assignment for the benefit of creditors or failed to pay its debts generally as they came due or any event which would require the Account to be deemed uncollectable in accordance with GAAP, and such event would reasonably be expected to have a Material Adverse Effect, or (vi) any State in which an Obligor is formed changes such Obligor’s issued organizational identification number from that in effect on the date of this Agreement. The Borrower shall promptly but in event within five (5) days, upon the receipt of any notice of default or notice of termination with respect to any material lease of real property to which the Borrower is a party give written notice to the Bank thereof.

Related to Notice of Event of Default or Material Adverse Effect

Notice of Default, Litigation and Material Adverse Effect Promptly, and in any event within three Business Days after any officer of Holdings or any of its Subsidiaries obtains knowledge thereof, notice of (i) the occurrence of any event which constitutes a Default or an Event of Default, (ii) any litigation or governmental investigation or proceeding pending against Holdings or any of its Subsidiaries (x) which, either individually or in the aggregate, has had, or would reasonably be expected to have, a Material Adverse Effect or (y) with respect to any Credit Document, or (iii) any other event, change or circumstance that has had, or would reasonably be expected to have, a Material Adverse Effect.
Notice of Material Adverse Effect The Company shall notify the Buyer (and any subsequent holder of the Debentures), as soon as practicable and in no event later than three (3) business days of the Company’s knowledge of any Material Adverse Effect on the Company. For purposes of the foregoing, “knowledge” means the earlier of the Company’s actual knowledge or the Company’s constructive knowledge upon due inquiry.
Notice of Material Adverse Change Firm agrees to notify Citizens in writing of any “Material Adverse Change” to Firm within ten (10) days of said change. A “Material Adverse Change” means: (i) a change in the business operations or financial condition of Firm which negatively impacts its capacity to meet its professional or financial obligations;
No Company Material Adverse Effect Since the date of this Agreement, there shall not have occurred any Company Material Adverse Effect.
Company Material Adverse Effect Since the date of this Agreement, there shall not have been any Company Material Adverse Effect or any event, change, or effect that would, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect.
Absence of Company Material Adverse Effect Since the date of this Agreement, there shall not have been any event, change, effect or development that, individually or in the aggregate, has had or would reasonably be expected to have a Company Material Adverse Effect.
Absence of Material Adverse Effect Since the date of this Agreement, there shall not have been any event, change or occurrence that, individually or in the aggregate, has had or would reasonably be expected to have a Company Material Adverse Effect.
Financial Condition; No Material Adverse Effect (a) The Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein and (ii) fairly present in all material respects the financial condition of the Acquired Company and its Subsidiaries as of the respective dates thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein. (b) The Unaudited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein, and (ii) fairly present in all material respects the financial condition of the Acquired Company and its Subsidiaries as of the dates thereof and their results of operations for the periods covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. (c) The Borrower has heretofore furnished to the Joint Lead Arrangers the consolidated pro forma balance sheet of the Borrower and its Subsidiaries as of March 31, 2015, and the related consolidated pro forma statement of operations of the Borrower as of and for the twelve-month period then ended (such pro forma balance sheet and statement of operations, the “Pro Forma Financial Statements”), which have been prepared giving effect to the Transactions (excluding the impact of purchase accounting effects required by GAAP) as if such Transactions had occurred as of such date (in the case of such balance sheet) or at the beginning of such period (in the case of such statement of operations). The Pro Forma Financial Statements have been prepared in good faith, based on assumptions believed by the Borrower to be reasonable as of the date of delivery thereof, and present fairly in all material respects on a pro forma basis and in accordance with GAAP the estimated financial position of the Borrower and its Subsidiaries as of March 31, 2015, and their estimated results of operations for the periods covered thereby, assuming that the Transactions had actually occurred as of such date (in the case of such balance sheet) or at the beginning of such period (in the case of such statement of operations). (d) Since the Closing Date, there has been no Material Adverse Effect.
No Material Adverse Effect Since the date of this Agreement, there shall not have occurred any Material Adverse Effect.
Parent Material Adverse Effect Since the date of this Agreement, there shall not have been any Parent Material Adverse Effect or any event, change, or effect that would, individually or in the aggregate, reasonably be expected to have a Parent Material Adverse Effect.

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