Common use of Notice of Potential Claims or Litigation Clause in Contracts

Notice of Potential Claims or Litigation. The Borrower will deliver to the Lenders, within thirty (30) days of receipt thereof, written notice of the initiation of any action, claim, complaint, or any other notice of dispute or potential litigation (including without limitation any alleged violation of any Environmental Law or any dispute, litigation, investigation or proceeding between the Borrower or any of its Subsidiaries and any Governmental Authority), wherein the potential liability could reasonably be expected to be in excess of U.S. Dollar Equivalent of U.S.$35,000,000, together with a copy of each such notice received by the Borrower or any of its Subsidiaries.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Waste Connections, Inc.), Assignment and Assumption (Waste Connections, Inc.)

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Notice of Potential Claims or Litigation. The Borrower will deliver to the Lenders, within thirty (30) days of receipt thereof, written notice of the initiation of any action, claim, complaint, or any other notice of dispute or potential litigation (including without limitation any alleged violation of any Environmental Law or any dispute, litigation, investigation or proceeding between the Borrower or any of its Subsidiaries and any Governmental Authority), wherein the potential liability could would reasonably be expected to be in excess of U.S. Dollar Equivalent of U.S.$35,000,000U.S.$50,000,000, together with a copy of each such notice received by the Borrower or any of its Subsidiaries.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Waste Connections, Inc.), Revolving Credit and Term Loan Agreement (Waste Connections, Inc.)

Notice of Potential Claims or Litigation. The Borrower will deliver to the Lenders, within thirty (30) days of receipt thereof, written notice of the initiation of any action, claim, complaint, or any other notice of dispute or potential litigation (including without limitation any alleged violation of any Environmental Law or any dispute, litigation, investigation or proceeding between the Borrower or any of its Subsidiaries and any Governmental Authority), wherein the potential liability could would reasonably be expected to be in excess of U.S. Dollar Equivalent of U.S.$35,000,000$50,000,000, together with a copy of each such notice received by the Borrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Term Loan Agreement (Waste Connections, Inc.)

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Notice of Potential Claims or Litigation. The Borrower will deliver to the Lenders, within thirty (30) days of receipt thereof, written notice of the initiation of any action, claim, complaint, or any other notice of dispute or potential litigation (including without limitation any alleged violation of any Environmental Law or any dispute, litigation, investigation or proceeding between the Borrower or any of its Subsidiaries and any Governmental Authority), wherein the potential liability could would reasonably be expected to be result in excess of U.S. Dollar Equivalent of U.S.$35,000,000a Material Adverse Effect, together with a copy of each such notice received by the Borrower or any of its Subsidiaries.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Connections, Inc.)

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