Common use of Notice of Event of Default or Material Adverse Effect Clause in Contracts

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.

Appears in 13 contracts

Samples: Loan Agreement (Birner Dental Management Services Inc), Loan and Security Agreement (Primoris Services CORP), Loan and Security Agreement (Primoris Services CORP)

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Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement thereof, give notice to the Bank 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.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp), Letter of Credit Application, Reimbursement and Security Agreement (Millennium Ethanol, LLC), Revolving Credit and Security Agreement (Millennium Ethanol, LLC)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately promptly after the commencement thereof, give notice to the Bank 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.

Appears in 3 contracts

Samples: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Amtech Systems Inc), Loan Agreement (Golden Minerals Co)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately Immediately after the commencement thereof, the Borrower shall give written notice to the Bank in writing Lender of the occurrence of any Event of Default or any Unmatured Default, Event of Default, or the occurrence of any condition or event having that could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/)

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.

Appears in 3 contracts

Samples: Loan and Security Agreement (CHS Inc), Loan and Security Agreement (US BioEnergy CORP), Loan and Security Agreement (US BioEnergy CORP)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement Borrower's knowledge 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.

Appears in 2 contracts

Samples: Loan and Security Agreement (Atlas Financial Holdings, Inc.), Loan Agreement (Atlas Financial Holdings, Inc.)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement obtaining knowledge 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.

Appears in 2 contracts

Samples: Loan and Security Agreement (PLM Equipment Growth Fund V), Loan and Security Agreement (PLM Equipment Growth Fund V)

Notice of Event of Default or Material Adverse Effect. The Borrower Borrowers 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.

Appears in 2 contracts

Samples: Loan and Security Agreement (Inland American Real Estate Trust, Inc.), Loan and Security Agreement (Lifeway Foods Inc)

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 EffectEffect on the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Koss Corp)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately prompty after the commencement thereof, give notice to the Bank Lender and the Secured Party Representative 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 EffectEffect on the Borrower, any Subsidiary or any Guarantor, not previously disclosed by the Borrower to the Lender.

Appears in 1 contract

Samples: Loan, Security and Pledge Agreement (DJSP Enterprises, Inc.)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement thereof, give notice to the Bank 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Hill International, Inc.)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately promptly after the commencement thereof, give notice to the Bank Lenders and the Secured Party Representative 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 EffectEffect on the Borrower, any Subsidiary or any Guarantor, not previously disclosed by the Borrower to the Lenders.

Appears in 1 contract

Samples: Senior Loan, Security and Pledge Agreement (DJSP Enterprises, Inc.)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately promptly after the commencement thereofthereof and promptly after the running of any applicable cure period, give notice to the Bank 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Ally, Inc.)

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

Appears in 1 contract

Samples: Credit Agreement (Enova International, Inc.)

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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.

Appears in 1 contract

Samples: Credit Agreement (Integrity Media Inc)

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 which might reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Neogen Corp)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately promptly after the commencement thereof, give notice to the Bank 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.

Appears in 1 contract

Samples: Loan Agreement (Lime Energy Co.)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately promptly after the commencement thereof, give notice to the Bank 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.

Appears in 1 contract

Samples: Loan Agreement (Ari Network Services Inc /Wi)

Notice of Event of Default or Material Adverse Effect. The Borrower Borrowers 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Smithway Motor Xpress Corp)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement thereof, give notice to the Bank 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Land Lease Inc)

Notice of Event of Default or Material Adverse Effect. The 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Intricon Corp)

Notice of Event of Default or Material Adverse Effect. The Borrower shall, immediately after the commencement thereof, give notice to the Bank Lenders 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.

Appears in 1 contract

Samples: Loan and Security Agreement (FC Global Realty Inc)

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