Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Creditor of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of the Borrower; (b) all other litigation involving a claim against the Borrower for $10,000 or more in excess of applicable insurance coverage; and (c) any citation, order, decree, ruling or decision issued by, or any denial of any application or petition to, or any proceeding before any governmental commission, bureau or other administrative agency public regulatory body against or affecting the Borrower, or any property of the Borrower or any lapse, suspension or other termination or modification of any certification, license, consent or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor, in connection with the operation of any business conducted by the Borrower.
Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Lender of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of the Borrowers;
Notice of Litigation and Other Proceedings. 24 7.11 ERISA.....................................................24 7.12
Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Lender upon the earlier of (i) actual knowledge or (ii) receipt of service of process, of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of the Borrower or its Subsidiaries taken as a whole; (b) all other litigation involving a claim against the Borrower or any of its Subsidiaries for $100,000.00 or more in excess of applicable insurance coverage; and (c) any citation, order, decree, ruling, or decision issued by, or any denial of any application or petition to, or any proceedings before any governmental commission, bureau or other administrative agency or public regulatory body against or affecting the Borrower or any of its Subsidiaries or any property of the Borrower or any of its Subsidiaries, or any lapse, suspension or other termination or modification of any certification, license, consent, or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor or renewal thereof, in connection with the operation of any business conducted by the Borrower or any of its Subsidiaries, which might have a material and adverse effect upon the business or financial condition of the Borrower and its Subsidiaries taken as a whole.
Notice of Litigation and Other Proceedings. Borrower will give prompt notice in writing to Lender of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of Borrower, Phase II Property Owner, or the Phase II Project; (b) all other litigation involving a claim against Borrower, Phase II Property Owner, or the Phase II Project for $25,000 or more in excess of applicable insurance coverage; and (c) any citation, order, decree, ruling or decision issued by, or any denial of any application or petition to, or any proceeding before any governmental commission, bureau or other administrative agency public regulatory body against or affecting Borrower, Phase II Property Owner or the Phase II Project, or any property of Borrower or any lapse, suspension or other termination or modification of any certification, license, consent or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor, in connection with the operation of any business conducted by Borrower, the Phase II Property Owner or the construction, development and sale of the Phase II Project.
Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Lender of the commencement of (a) all litigation which, if adversely determined, is reasonably likely to result in a Material Adverse Change; (b) all other litigation involving a claim against the Borrower or any of its Subsidiaries for Twenty-Five Thousand Dollars ($25,000.00), or more per occurrence or One Hundred Thousand Dollars ($100,000.00) or more in the aggregate, in excess of applicable insurance coverage; and (c) any citation, order, decree, ruling, or decision issued by, or any denial of any application or petition to, or any proceedings before any governmental commission, bureau, or other administrative agency or public regulatory body against or affecting the Borrower or any of its Subsidiaries or any property of the Borrower or any Subsidiary, (including, without limitation, any proceedings against the Borrower or any Subsidiary or any Contract Provider to suspend, revoke or terminate any Medicaid Provider Agreement, Medicaid Certification, Medicare Provider Agreement or Medicare Certification of Borrower) or any lapse, suspension, revocation, or other termination or modification of any certification (including without limitation Borrower's or any Subsidiary's or any Contract Provider's Medicare Certification or Medicaid Certification), license, consent, or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor or renewal thereof, in connection with the operation of any business conducted by the Borrower or any of its Subsidiaries or any Contract Provider, which is reasonably likely to result in a Material Adverse Change.
Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Lender of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of the Borrower or Guarantors; (b) all litigation or threatened litigation relating to the Property which could result in a lien or charge against said property, (c) all other litigation involving a claim against the Borrower or Guarantors for Twenty-five Thousand Dollars ($25,000.00) or more in excess of applicable insurance coverage; and (d) any citation, order, decree, ruling or decision issued by, or any denial of any application or petition to, or any proceeding before any governmental commission, bureau or other administrative agency public regulatory body against or affecting the Borrower or Guarantor, or any property of the Borrower or Guarantor, or any lapse, suspension or other termination or modification of any certification, license, consent or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor, in connection with the operation of any business conducted by any of the Borrowers or the Guarantor.
Notice of Litigation and Other Proceedings. Borrower will give prompt notice in writing to Lender of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of Borrower, Phase II Property Owner, Preserve Property Owner, the Preserve Property or the Phase II Project; (b) all other litigation involving a claim against Borrower, Phase II Property Owner, Preserve Property Owner, the Preserve Property or the Phase II Project for $25,000 or more in excess of applicable insurance coverage; and (c) any citation, order, decree, ruling or decision issued by, or any denial of any application or petition to, or any proceeding before any governmental commission, bureau or other administrative agency public regulatory body against or affecting Borrower, Phase II Property Owner, Preserve Property Owner, the Preserve Property or the Phase II Project, or any property of Borrower or any lapse, suspension or other termination or modification of any certification, license, consent or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor, in connection with the operation of any business conducted by Borrower, the Phase II Property Owner, or the Preserve Property Owner or the construction, development and sale of the Phase II Project, or the operation of the Preserve Property.
Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Lender of the commencement of (a) all litigation which, if adversely determined, is reasonably likely to result in a Material Adverse Change; (b) all other litigation involving a claim against the Borrower or any of its Subsidiaries for Twenty-Five Thousand Dollars ($25,000.00), or more per occurrence or One Hundred Thousand Dollars ($100,000.00) or more in the aggregate, in excess of applicable insurance coverage; and (c) any citation, order, decree, ruling, or decision issued by, or any denial of any application or petition to, or any proceedings before any governmental commission, bureau, or other administrative agency or public regulatory body against or affecting the Borrower or any of its Subsidiaries or any property of the Borrower or any Subsidiary, which is reasonably likely to result in a Material Adverse Change.
Notice of Litigation and Other Proceedings. Give prompt notice in writing to the Purchaser of the commencement of (a) all material litigation which, if adversely determined, might adversely affect the business or financial condition of the Company; (b) all other litigation involving a claim against the Company for $25,000 or more in excess of any applicable insurance coverage; and (c) any citation, order, decree, ruling or decision issued by, or any denial of any application or petition to, or any proceeding before any governmental commission, bureau or other administrative agency public regulatory body against or affecting the Company, or any property of the Company or any lapse, suspension or other termination or modification of any certification, license, consent or other authorization of any agency or public regulatory body, or any refusal of any thereof to grant any application therefor, in connection with the operation of any business conducted by any of the Company.
