Common use of Notice of Litigation and Judgments Clause in Contracts

Notice of Litigation and Judgments. The Borrowers will give notice to the Agent in writing within five (5) Business Days of becoming aware of any litigation or proceedings threatened in writing affecting any Borrower or any of their respective Subsidiaries or to which any Borrower or any of their respective Subsidiaries is or is to become a party involving an uninsured claim against any Borrower or any of their respective Subsidiaries that could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrowers will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their respective Subsidiaries in an amount in excess of $1,000,000.

Notice of Litigation and Judgments. The Borrowers Borrower will give notice to the Agent in writing within five fifteen (515) Business Days days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting any Borrower or any of their respective Subsidiaries Restricted Subsidiary or to which any Borrower or any of their respective Subsidiaries Restricted Subsidiary is or is to become a party involving an uninsured claim against any Borrower or any of their respective Subsidiaries that could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrowers Borrower will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their respective Subsidiaries Restricted Subsidiary in an amount amount, whether singly or in the aggregate, in excess of $1,000,000.

Notice of Litigation and Judgments. The Borrowers Borrower will give notice to the Agent in writing within five (5) Business Days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting any Loan Party or Borrower or any of their respective Subsidiaries Subsidiary or to which any Loan Party or Borrower or any of their respective Subsidiaries Subsidiary is or is to become a party involving an uninsured claim against any Borrower or any of their respective Borrower Subsidiaries that could reasonably be expected likely to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrowers Borrower will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any single judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their its respective Subsidiaries in an amount in excess of $1,000,0005,000,000.00.

Notice of Litigation and Judgments. The Borrowers Loan Parties will give notice to the Agent in writing within five (5) Business Days of becoming aware of any litigation or proceedings threatened in writing affecting any Borrower Loan Party or any of their respective Subsidiaries or to which any Borrower Loan Party or any of their respective Subsidiaries is or is to become a party involving an uninsured claim against any Borrower Loan Party or any of their respective Subsidiaries that could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrowers Loan Parties will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower Loan Party or any of their respective Subsidiaries in an amount in excess of $1,000,000.

Notice of Litigation and Judgments. The Borrowers will give notice to the Administrative Agent in writing within five ten (510) Business Days days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting any Borrower or any of their respective Subsidiaries the Borrowers or to which any Borrower or any of their respective Subsidiaries the Borrowers is or is to become becomes a party involving an uninsured claim against any Borrower or any of their respective Subsidiaries the Borrowers, that could reasonably be expected to have a Material Adverse Effect materially adverse effect on any of -52- the Borrowers and stating the nature and status of such litigation or proceedings. The Borrowers will give notice the to the Administrative Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the LendersAdministrative Agent, within ten five (105) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their respective Subsidiaries the Borrowers in an amount in excess of $1,000,000250,000.

Notice of Litigation and Judgments. The Borrowers will give notice to the Agent in writing within five fifteen (515) Business Days days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting any Borrower or any of their respective Subsidiaries Material Subsidiary or to which any Borrower or any of their respective Subsidiaries Material Subsidiary is or is to become becomes a party involving an uninsured claim against any Borrower or any of their respective Subsidiaries such Person that could reasonably be expected to have a Material Adverse Effect materially adverse effect on any of the Borrowers on a consolidated basis and stating the nature and status of such litigation or proceedings. The Borrowers will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the LendersAgent, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their respective Subsidiaries Material Subsidiary in an amount in excess of $1,000,0005,000,000.

Notice of Litigation and Judgments. The Borrowers will give notice to the Agent in writing within five (5) Business Days of becoming aware of any litigation or proceedings threatened in writing affecting any Borrower or any of their respective Subsidiaries or to which any Borrower or any of their respective Subsidiaries is or is to become a party involving an uninsured claim against any Borrower or any of their respective Subsidiaries that could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrowers will give notice to the Agent, in writing, in form and detail reasonably satisfactory to the Agent and each of the Lenders, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their respective Subsidiaries in an amount in excess of $1,000,000.

Notice of Litigation and Judgments. The Borrowers will give notice to the Agent Agents in writing within five ten (510) Business Days days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting any Borrower or any of their respective Subsidiaries the Borrowers or to which any Borrower or any of their respective Subsidiaries the Borrowers is or is to become becomes a party involving an uninsured claim against any Borrower or any of their respective Subsidiaries the Borrowers, that could reasonably be expected to have a Material Adverse Effect materially adverse effect on any of the Borrowers and stating the nature and status of such litigation or proceedings. The Borrowers will give notice to the AgentAgents, in writing, in form and detail reasonably satisfactory to the Agent and each of the LendersAgents, within ten five (105) days of any judgment not covered by insurance, whether final or otherwise, against any Borrower or any of their respective Subsidiaries the Borrowers in an amount in excess of $1,000,000250,000.