Common use of Notice of Significant Events Clause in Contracts

Notice of Significant Events. Promptly notify Bank in writing of 1) the ---------------------------- occurrence of any Event of Default or Potential Default; 2) any change in its name, address, form of entity, or organizational or capital structure; or 3) the threat of or commencement of any Material Litigation.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Koala Corp /Co/), Revolving Credit Agreement (Koala Corp /Co/), Revolving Credit Agreement (Koala Corp /Co/)

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Notice of Significant Events. Promptly notify Bank in writing of 1(a) the ---------------------------- occurrence of any Event of Default or Potential Default; 2(b) any change in its name, address, his name or address or the form of entity, entity or organizational or capital structurestructure of any affiliate of Borrower; or 3(c) the threat of or the commencement of any Material Litigation; or (d) any change in ownership of Collateral.

Appears in 1 contract

Samples: Credit Agreement (Considine Terry)

Notice of Significant Events. Promptly notify Bank in writing of 1(a) the ---------------------------- occurrence of any Event of Default or Potential Default; 2(b) any change in its name, address, name or address or the form of entity, entity or organizational or capital structurestructure of any affiliate of either Borrower or Xxxxx Xxxxxxxxx; or 3(c) the threat of or the commencement of any Material Litigation; or (d) any change in ownership of Collateral.

Appears in 1 contract

Samples: Credit Agreement (Considine Terry)

Notice of Significant Events. Promptly notify Bank in writing of 1) the ---------------------------- occurrence of any Event of Default or Potential Default; 2) any change in its name, address, form of entity, or organizational or capital structure; or 3) the threat of or commencement of any Material Litigation. 5.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Granite Financial Inc)

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Notice of Significant Events. Promptly notify Bank in writing of 1(a) the ---------------------------- occurrence of any Event of Default or Potential Default; 2(b) any change in its name, address, name or address or the form of entity, entity or organizational or capital structurestructure of any affiliate of Borrower or Guarantor; or 3(c) the threat of or the commencement of any Material Litigation; or (d) any change in ownership of Collateral.

Appears in 1 contract

Samples: Credit Agreement (American Land Lease Inc)

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