Common use of Notice of Litigation and Other Matters Clause in Contracts

Notice of Litigation and Other Matters. Promptly after a Responsible Officer of the Company obtains knowledge thereof, written notice of: (a) the occurrence of any Default; (b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and proceedings in any court or before any arbitrator against or involving such Borrower or any Subsidiary thereof or any of their respective properties, assets or businesses that could reasonably be expected to have a Material Adverse Effect; and (c) any public announcement by S&P or any Alternative Ratings Source of any change in a Debt Rating.

Appears in 5 contracts

Samples: Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.)

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Notice of Litigation and Other Matters. Promptly after a Responsible Officer of the Company Borrower obtains knowledge thereof, written notice of: (a) the occurrence of any Default; (b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and proceedings in any court or before any arbitrator against or involving such the Borrower or any Subsidiary thereof or any of their respective properties, assets or businesses that could reasonably be expected to have a Material Adverse Effect; and (c) any public announcement by S&P or any Alternative Ratings Source Mxxxx’x of any change in a Debt Rating.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Inc.)

Notice of Litigation and Other Matters. Promptly after a Responsible Officer of the Company Borrower obtains knowledge thereof, written notice of: (a) the The occurrence of any Default; (b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and proceedings in any court or before any arbitrator against or involving such the Borrower or any Subsidiary thereof or any of their respective properties, assets or businesses that could reasonably be expected to have a Material Adverse Effect; and (c) any public announcement by S&P or any Alternative Ratings Source of any change in a Debt Rating.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Inc.)

Notice of Litigation and Other Matters. Promptly after a Responsible Officer of the Company obtains knowledge thereof, written notice of: (a) the occurrence of any Default or Event of Default; (b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and proceedings in any court or before any arbitrator against or involving such Borrower or any Subsidiary thereof or any of their respective properties, assets or businesses that could reasonably be expected to have a Material Adverse Effect; and (c) any public announcement by S&P or any Alternative Ratings Source of any change in a Debt Rating; and (d) any material modification to the structure or format of SASB Aligned Reports.

Appears in 1 contract

Samples: Five Year Revolving Credit Agreement (BlackRock Inc.)

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Notice of Litigation and Other Matters. Promptly after a Responsible Officer of the Company Borrower obtains knowledge thereof, written notice of: (a) the occurrence of any Default; (b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and proceedings in any court or before any arbitrator against or involving such the Borrower or any Subsidiary thereof or any of their respective properties, assets or businesses that could reasonably be expected to have a Material Adverse Effect; and (c) any public announcement by S&P or any Alternative Ratings Source of any change in a Debt Rating.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Inc.)

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