Notice of Material Adverse Change. Firm agrees to notify Citizens in writing of any “Material Adverse Change” to Firm within ten (10) days of said change. A “Material Adverse Change” means: (i) a change in the business operations or financial condition of Firm which negatively impacts its capacity to meet its professional or financial obligations;
Notice of Material Adverse Change. Promptly inform Lender of (i) any and all material adverse changes in Borrower’s financial condition, and (ii) all claims made against Borrower which could materially affect the financial condition of Borrower.
Notice of Material Adverse Change. Xxxx agrees to notify Citizens in writing of any “Material Adverse Change” to Firm within ten (10) business days of said change. A “Material Adverse Change” means: (a) a change in the business operations or financial condition of Firm which negatively impacts its capacity to meet its professional or financial obligations; (b) any material impairment of human or material resources necessary to perform Services under this Agreement; or (c) any occurrence or event relating to Firm or senior level attorney that adversely reflects on Firm’s reputation or standing in the community. A Material Adverse Change includes, but is not limited to: (a) the filing by Firm of a voluntary petition in bankruptcy, or a petition or an answer seeking an arrangement with creditors to take advantage of any bankruptcy, insolvency, readjustment of debt; (b) the departure from Firm of a senior level attorney who oversees Citizens assignments and provides a substantial amount of the Services rendered to Citizens; (c) a senior level attorney receiving an adjudication of guilt by a court of competent jurisdiction of any crime that is a felony or a misdemeanor involving moral turpitude under any state or federal law; (d) a senior level attorney receiving disciplinary measures pursuant to Rules Regulating the Florida Bar, including admonishment, probation, public reprimand, suspension, or disbarment, or the filing by a senior level attorney for disciplinary revocation. As a result of a Material Adverse Change, and pursuant to provisions in this Agreement, Citizens may exercise its right to terminate or suspend specific assignments, all assignments, or this Agreement in its entirety. If Firm is dissolved during the term of this Agreement, Firm shall notify Citizens’ Contract Manager at least thirty (30) business days prior to dissolution. At its sole discretion, Citizens reserves the right to (a) withhold written permission to assign this Agreement to any successor firm(s) and (b) determine whether any successor firm(s) will retain pending assignments. Exhibit A – Roster Practice Area: Practice Area Principal: Additional Partner: Additional Partner: Associate or Paralegal: Additional Associate or Paralegal: Name: Hourly Rate: Name: Hourly Rate: Name: Hourly Rate: Name: Hourly Rate: Name: Hourly Rate: Civil Litigation Xxxx Xxxxx $185.00 Xxxx Xxxxx $185.00 Xxxxx Xxxxxx $165.00 Xxxxx Xxxx $165.00 General Insurance (Company) Xxxx Xxxxx $185.00 Paralegals $90.00 General Insurance (Agent/Agency...
Notice of Material Adverse Change. As soon as possible and in any event within five (5) days after the occurrence thereof, written notice of any matter that could have a material adverse effect on the business, condition (financial or otherwise), operations, prospects, or properties of the Borrower or any Subsidiary;
Notice of Material Adverse Change. Debtor shall give the Secured Party prompt written notice of any event, occurrence or other matter which (a) has resulted or will result in a material adverse change in its financial condition, business operations, prospects, product development, technology, or business or contractual relations with third parties of Debtor, or (b) which would impair the ability of Debtor to perform its material obligations hereunder or under any of the other financing agreements to which it is a party, or (c) which would impair the ability of Secured Party to enforce the Indebtedness or realize upon the Collateral.
Notice of Material Adverse Change. The Borrower shall promptly notify the State of any material adverse change in the properties, activities, prospects or condition (financial or otherwise) of the Borrower or its Environmental Infrastructure System, or in the ability of the Borrower to make all Loan Repayments and otherwise to observe and perform its duties, covenants, obligations and agreements under this Loan Agreement and the Borrower Bond.
Notice of Material Adverse Change. The Borrower shall promptly notify the Trust of any material adverse change in the properties, activities, prospects or condition (financial or otherwise) of the Borrower or its Environmental Infrastructure System, or in the ability of the Borrower to make all Loan Repayments and otherwise to observe and perform its duties, covenants, obligations and agreements under this Loan Agreement and the Borrower Bond.
Notice of Material Adverse Change. Promptly upon becoming aware thereof, the Borrowers will give the Bank written notice with respect to any Material Adverse Change or any development or occurrence which could have a Material Adverse Effect.
Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Receivables or the ability of the Servicer to perform its obligations under this Agreement.
Notice of Material Adverse Change. As soon as possible and in any event within five days after the occurrence thereof, written notice of any matter that could have a Material Adverse Effect;
