Notice of Non-Environmental Litigation. Promptly after the commencement thereof, notice of the commencement of all actions, suits, or proceedings before any Governmental Authority affecting any Loan Party or any Subsidiary of any Loan Party which, if determined adversely, could reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Master Loan Agreement (Nuvera Communications, Inc.), Master Loan Agreement (New Ulm Telecom Inc), Master Loan Agreement (Warwick Valley Telephone Co)
Notice of Non-Environmental Litigation. Promptly after the commencement thereof, notice of the commencement of all actions, suits, or proceedings before any Governmental Authority affecting any Loan Party or any Subsidiary of any Loan Party which, if determined adversely, could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Master Loan Agreement (New Ulm Telecom Inc), Master Loan Agreement (New Ulm Telecom Inc)