Notice of Material Events and Change of Address. Buyer will ----------------------------------------------- promptly notify Seller in writing, stating that such notice is being given pursuant to this Agreement, of: (a) the occurrence of an event or circumstance that could reasonably be expected to have a Material Adverse Effect, (b) the occurrence of any Default, (c) the acceleration of the maturity of any indebtedness owed by Buyer or any Subsidiary thereof or of any default by any Buyer or any such Subsidiary under any indenture, mortgage, agreement, contract or other instrument to which any of them is a party or by which any of them or any of their properties is bound, if such acceleration or default could reasonably be expected to have a Material Adverse Effect, (d) any claim of $100,000 or more, any notice of potential liability under any Environmental Laws which might exceed such amount, or any other material adverse claim asserted against Buyer or any Subsidiary thereof or with respect to Buyer or any of such Subsidiary's properties, and (e) the filing of any suit or proceeding against Buyer or any Subsidiary thereof in which an adverse decision could cause a Material Adverse Effect. Upon the occurrence of any of the foregoing Buyer and any Subsidiary thereof will take all necessary or appropriate steps to remedy promptly any such Material Adverse Effect, Default, acceleration or default, to protect against any such adverse claim, to defend any such suit or proceeding, and to resolve all controversies on account of any of the foregoing.
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Samples: Purchase and Sale Agreement (Aroc Inc), Purchase and Sale Agreement (Aroc Inc), Purchase and Sale Agreement (Aroc Inc)
Notice of Material Events and Change of Address. Buyer Borrower will ----------------------------------------------- promptly notify Seller each Lender in writing, stating that such notice is being given pursuant to this Agreement, of:
(a) the occurrence of an any event or circumstance that could reasonably be expected to which would have a Material Adverse Effect,
(b) the occurrence of any Default,
(c) the acceleration of the maturity of any indebtedness Indebtedness owed by Buyer or any Subsidiary thereof Restricted Person having a principal balance of more than $25,000,000, or of any default by any Buyer or any such Subsidiary Restricted Person under any indenture, mortgage, agreement, contract or other instrument to which any of them is a party or by which any of them or any of their properties is bound, if such acceleration or default could reasonably be expected to would have a Material Adverse Effect,
(d) the occurrence of any Termination Event,
(e) any claim of $100,000 10,000,000 or more, any notice of potential liability under any Environmental Laws which might exceed such amount, or any other material adverse claim asserted against Buyer or any Subsidiary thereof Restricted Person or with respect to Buyer or any of such SubsidiaryRestricted Person's properties, and
(ef) the filing of any suit or proceeding against Buyer or any Subsidiary thereof Restricted Person in which an adverse decision could cause would have a Material Adverse Effect. Upon the occurrence of any of the foregoing Buyer and any Subsidiary thereof foregoing, Restricted Persons will take all necessary or appropriate steps to remedy promptly any such Material Adverse Effect, Default, acceleration acceleration, default or defaultTermination Event, to protect against any such adverse claim, to defend any such suit or proceeding, and to resolve all controversies on account of any of the foregoing. Borrower will also notify Agent and Agent's counsel in writing promptly in the event that any Restricted Person changes its name or the location of its chief executive office.
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Notice of Material Events and Change of Address. Buyer The Company will ----------------------------------------------- promptly notify Seller the Purchasers in writing, stating that such notice is being given pursuant to this Agreement, of:
(a) the occurrence of an event or circumstance that could reasonably be expected to have a Material Adverse Effect,
(b) the occurrence of any Default,
(c) the acceleration of the maturity of any indebtedness owed by Buyer the Company or any Subsidiary thereof or of any default or event of default by any Buyer the Company or any such Subsidiary under any indenture, mortgage, agreement, contract or other instrument to which any of them is a party or by which any of them or any of their properties is bound, if such acceleration or default could reasonably be expected pursuant to have a Material Adverse Effectany arrangements involving indebtedness for money borrowed,
(d) any claim of $100,000 or more, any notice of potential liability under any Environmental Laws which might exceed such amount, or any other material adverse claim asserted against Buyer the Company or any Subsidiary thereof or with respect to Buyer the Company or any of such Subsidiary's properties, and
(e) the filing of any suit or proceeding against Buyer the Company or any Subsidiary thereof in which an adverse decision could cause a Material Adverse Effect. Upon the occurrence of any of the foregoing Buyer the Company and any Subsidiary thereof will take all necessary or appropriate steps to remedy promptly any such Material Adverse Effect, Default, acceleration or default, to protect against any such adverse claim, to defend any such suit or proceeding, and to resolve all controversies on account of any of the foregoing.
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Notice of Material Events and Change of Address. Buyer will ----------------------------------------------- promptly notify Seller in writing, stating that such notice is being given pursuant to this Agreement, of:
(a) the occurrence of an event or circumstance that could reasonably be expected to have a any Material Adverse EffectChange after the Effective Date,
(b) the occurrence of any Defaultmaterial breach by Buyer of any of its covenants and agreements contained in ARTICLES XIV and XV,
(c) the acceleration of the maturity of any indebtedness owed by Buyer or any Subsidiary thereof or of any default by any Buyer or any such Subsidiary under any indenture, mortgage, agreement, contract or other instrument to which any of them is a party or by which any of them or any of their properties is bound, if such acceleration or default could reasonably be expected to have cause a Material Adverse EffectChange,
(d) the occurrence of any Termination Event,
(e) any claim of $100,000 or more, any notice of potential liability under any Environmental Laws which might exceed such amount, or any other material adverse claim asserted against Buyer or any Subsidiary thereof or with respect to Buyer or any of such Subsidiary's their properties, and
(ef) the filing of any suit or proceeding against Buyer or any Subsidiary thereof in which an adverse decision could cause a Material Adverse EffectChange. Upon the occurrence of any of the foregoing Buyer and any Subsidiary thereof will take all necessary or appropriate steps to remedy promptly any such Material Adverse EffectChange, Default, acceleration acceleration, default or defaultTermination Event, to protect against any such adverse claim, to defend any such suit or proceeding, and to resolve all controversies on account of any of the foregoing. Buyer will also notify Seller in writing at least twenty business days prior to the date that Buyer changes its name or the location of its chief executive office or principal place of business.
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Samples: Purchase and Sale Agreement (Benz Energy LTD /Can/)