Notice of Material Adverse Events. Seller shall promptly notify PacifiCorp of receipt of written notice or actual knowledge by Seller or its Affiliates of the occurrence of any event of default under any material agreement to which Seller is a party and of any other development, financial or otherwise, which would have a material adverse effect on Seller, the Facility or Seller's ability to develop, construct, operate, maintain or own the Facility as provided herein.
Notice of Material Adverse Events. The Borrower will give notice to the Agent within five (5) Business Days of becoming aware of any matter, including (i) breach or non-performance of, or any default under, any provision of any security issued by REIT, Borrower or any of their respective Subsidiaries or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound; (ii) any dispute, litigation, investigation, proceeding or suspension between REIT, Borrower or any of their respective Subsidiaries and any governmental authority; or (iii) the commencement of, or any material development in, any litigation or proceeding affecting REIT, Borrower or any of their respective Subsidiaries, in each case that has resulted or could reasonably be expected to result in a Material Adverse Effect.
Notice of Material Adverse Events. The Borrower will give notice to the Agent within five (5) Business Days of becoming aware of any matter that has resulted or could reasonably be expected to result in a Material Adverse Effect, including (i) breach or non-performance of, or any default under, any provision of any security issued by REIT, Borrower or any of their respective Subsidiaries or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound; (ii) any dispute, litigation, investigation, proceeding or suspension between REIT, Borrower or any of their respective Subsidiaries and any Governmental Authority; or (iii) the commencement of, or any material development in, any litigation or proceeding affecting REIT, Borrower or any of their respective Subsidiaries, including pursuant to any applicable Environmental Laws.
Notice of Material Adverse Events promptly, and in any event within five days of a Responsible Officer becoming aware of the following:
(i) of any material change in accounting policies or financial reporting practices by any Obligor or any Subsidiary thereof;
(ii) notice of any development that results in, or could reasonably be expected to result in, a Material Adverse Effect so long as disclosure of such information could not result in a violation of, or expose the Company or its Subsidiaries to any material liability under, any applicable law, ordinance or regulation or any agreements with unaffiliated third parties that are binding on the Company, or any of its Subsidiaries or on any Property of any of them;
(iii) notice of any action or proceeding against or of any noncompliance by any Obligor or any of its Subsidiaries with any Environmental Law or Environmental Permit that could reasonably be expected to have a Material Adverse Effect; or
(iv) notice of (x) any potential or known Release, or threat of Release, of any Hazardous Materials in violation of any applicable Environmental Law at any Property; (y) any violation of any Environmental Law that any Obligor or any of their respective Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency or (z) any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential Environmental Liability, of any federal, state or local environmental agency or board, that involves any Property, in each case that could reasonably be expected to result in a Material Adverse Effect;
Notice of Material Adverse Events. MMC shall promptly notify PPM of receipt of written notice or actual knowledge by MMC of the occurrence of any event of default under any material agreement to which MMC is a party and of any other development, financial or otherwise, which would have a material adverse effect on MMC or a Facility.
Notice of Material Adverse Events. The Borrower will give notice to the Agent within five (5) Business Days of becoming aware of any matter that has resulted or could reasonably be expected to result in a Material Adverse Effect, including pursuant to any applicable Environmental Laws.
Notice of Material Adverse Events. The Seller shall promptly, upon becoming aware thereof, provide notice of any event or other circumstance that could reasonably be expected to have a material adverse effect on the ability of the Purchaser, the Seller or the Collateral Manager to perform their respective obligations under the Transaction Documents.
Notice of Material Adverse Events. Paddock hereby agrees to notify Axcan Pharma promptly of any actual or anticipated events which will have, or may be reasonably expected to have, a material adverse effect on the Products or on Paddock’s ability to supply Products in accordance with the provisions set forth herein, including any labor difficulties, strikes, shortages in Materials, plant closings and other interruptions in activity.
Notice of Material Adverse Events. The Company undertakes to notify the Pioneer Partnership within twenty (20) days of the occurrence of a material adverse event which has not been cured within said 20 days. A material adverse event shall include but not be limited to: litigation or other legal proceeding involving $10,000 or greater in claims or subject matter, bankruptcy, receivership, insolvency, a change in circumstances that, if the representations in Article IV hereof were required to be made on such future date, such representation could no longer truthfully or accurately be made.
