Common use of Notice of Material Changes Clause in Contracts

Notice of Material Changes. Broker hereby covenants and agrees with AH that Broker shall promptly give written notice to AH of (a) the occurrence of any breach of Broker’s obligations under this Agreement; (b) Any litigation or proceeding affecting Broker involving amounts in the case of any such individual litigation, regardless of the amount in controversy, if adversely determined, could have a materially adverse effect on the business, operations, property, licensure, or financial or other condition of Broker or Broker’s ability to perform its obligations hereunder; (c) receipt by Broker of notice from any agency concerning revocation, suspension or any other adverse action or potential action relating to any of Broker's licenses to conduct business; and

Appears in 3 contracts

Samples: Broker Agreement, Broker Agreement, Broker Agreement

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Notice of Material Changes. Broker hereby covenants and agrees with AH that Broker shall promptly give written notice to AH of (a) the occurrence of any breach of Broker’s obligations under this Agreement; (b) Any litigation or proceeding affecting Broker involving amounts in the case of any such individual litigation, regardless of the amount in controversy, if adversely determined, could have a materially adverse effect on the business, operations, property, licensure, or financial or other condition of Broker or Broker’s ability to perform its obligations hereunder; (c) receipt by Broker Xxxxxx of notice from any agency concerning revocation, suspension or any other adverse action or potential action relating to any of Broker's licenses to conduct business; and

Appears in 1 contract

Samples: Broker Agreement

Notice of Material Changes. Broker hereby covenants and agrees with AH Arc that Broker shall promptly give written notice to AH Arc of (a) the occurrence of any breach of Broker’s obligations under this Agreement; (b) Any litigation or proceeding affecting Broker involving amounts in the case of any such individual litigation, regardless of the amount in controversy, if adversely determined, could have a materially adverse effect on the business, operations, property, licensure, or financial or other condition of Broker or Broker’s ability to perform its obligations hereunder; (c) receipt by Broker Xxxxxx of notice from any agency concerning revocation, suspension or any other adverse action or potential action relating to any of Broker's licenses to conduct business; and

Appears in 1 contract

Samples: Commercial Broker Agreement

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Notice of Material Changes. Broker hereby covenants and agrees with AH that Broker shall promptly give written notice to AH of (a) the occurrence of any breach of Broker’s obligations under this Agreement; (b) Any litigation or proceeding affecting Broker involving amounts in the case of any such individual litigation, regardless of the amount in controversy, if adversely determined, could have a materially adverse effect on the business, operations, property, licensure, or financial or other condition of Broker or Broker’s ability to perform its obligations hereunder; (c) receipt by Broker of notice from any agency concerning revocation, suspension or any other adverse action or potential action relating to any of Broker's licenses to conduct business; andand (d) a materially adverse change in Broker’s business, operations, property or financial or other condition.

Appears in 1 contract

Samples: Broker Agreement

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