Notice of Liabilities. Notify the Bank promptly in writing of (i) any condition, event, claim or act that would reasonably be expected to materially adversely affect its financial condition or operations, or any of the Bank’s rights or remedies under the Loan Documents, or that would reasonably be expected to result in a material fixed or contingent liability, (ii) any material litigation filed by or against it, (iii) the occurrence of any event that, with the giving of notice or the lapse of time, or both, would constitute an event of default under any of the Loan Documents, (iv) the occurrence of any uninsured or partially insured loss by it resulting from fire, theft, liability or property damage if such loss is in excess of $1,000,000, (v) the assumption, guarantee, endorsement or other act causing it to become surety for or upon any material obligation of any Person, except by the endorsement of negotiable instruments for deposit or collection in the ordinary course of business, (vi) any material dispute between the Company and any governmental authority or agency, and (vii) any change in the Company’s name, legal structure, jurisdiction of incorporation, place of business or chief executive office.
Notice of Liabilities. The City shall promptly inform the Bank in writing of any actual or potential contingent liabilities or pending or threatened litigation of any amount that could reasonably be expected to have a material and adverse effect upon the financial condition of the City or upon the ability of the City to perform its obligation hereunder and under the Note.
Notice of Liabilities. WV-Debtors-in-Possession will promptly inform Lender of the creation, incurrence or assumption by WV-Debtors-in-Possession of any actual or contingent liabilities not permitted under this Agreement.
Notice of Liabilities. The Issuer shall promptly inform the Bank in writing of any actual or potential contingent liabilities or pending or threatened litigation of an amount limited to $5,000,000 or greater that could reasonably be expected to have a material and adverse effect upon the financial condition of the Issuer or upon the ability of the Issuer to perform its obligation under the Bond.
Notice of Liabilities. The District shall promptly inform the Lender of any actual or potential contingent liabilities or pending or threatened litigation of any amount that could reasonably be expected to have a material and adverse effect upon the financial condition of the District or the Pledged Funds.
Notice of Liabilities. Notify the Bank promptly in writing of (i) any condition, event, claim or act that would reasonably be expected to materially adversely affect its financial condition or operations, or any of the Bank’s rights or remedies under the Indebtedness Documents to which it is a party, or that would reasonably be expected to result in a material fixed or contingent liability, (ii) any material litigation filed by or against it, (iii) the occurrence of any event that, with the giving of notice or the lapse of time, or both, would constitute an event of default under any of the Indebtedness Documents to which it is a party, (iv) the occurrence of any uninsured or partially insured loss by it resulting from fire, theft, liability or property damage if such loss is in excess of $100,000, and (v) the assumption, guarantee, endorsement or other act causing it to become surety for or upon any material obligation of any person, firm, joint venture or corporation, except by the endorsement of negotiable instruments for deposit or collection in the ordinary course of business.
Notice of Liabilities. Within five (5) days of notice thereof, written notice of any liability outside the ordinary course of business (whether actual or contingent) in which the liability or claimed liability of Borrower is greater than $100,000.00.
Notice of Liabilities. The indemnified Party shall: (a) notify the indemnifying Party in writing as soon as practicable after receipt by the indemnified Party of notice of a Liability (provided such notice is in writing). Such notification to the indemnifying Party from the indemnified Party shall give such details as the indemnified Party then has and which are, in all the circumstances, reasonable having regard to the contents of the notice of a Liability received by the indemnified Party; and (b) notify the indemnifying Party of the indemnified Party intention to pay or procure the payment of any moneys in respect of any such Liability before any such payment is made.
Notice of Liabilities. Seller has not received written notice of any event that has occurred which is reasonably likely to result in any claim, action, suit, allegation or demand against, or damages, harm, sanctions, penalties, liens or other liabilities incurred by, Buyer with respect to the Purchased Assets, or the condition, use or maintenance of the Units, the Lease Documents or the Other Contracts, including (without limitation) any liabilities arising in connection with any hazardous substances and/or any environmental contamination. Seller has not received any notice of a Casualtied Unit. To the knowledge of Seller, there are no actions, suits or proceedings pending or threatened, relating to or in connection with the Purchased Assets before any Governmental Authority.
Notice of Liabilities. Within five (5) days of notice thereof, written notice of any liability outside the ordinary course of business (whether actual or contingent) in which the liability or claimed liability of Borrower or Benz Energy is greater than $100,000.00.
