Notice of Suit or Adverse Change in Business. (a) Such Borrower shall, as soon as possible, and in any event within forty-five (45) days after such Borrower learns of the following, give written notice to the Lender of: (i) any material proceeding(s) being instituted or threatened to be instituted by or against such Borrower in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) and (ii) any Material Adverse Change with respect to such Borrower.
Notice of Suit or Adverse Change in Business. The Borrower shall give written notice to each Lender (a) as soon as possible, and in any event within five business days after the Borrower receives actual notice (written or oral) of any material proceeding(s) being instituted against the Borrower or any Subsidiary in any federal, state, or local court or before any commission or other regulatory body (federal, state, or local), and (b) as soon as possible, and in any event within five business days after the Borrower learns of any material adverse change in the financial condition, results of operations, business, or assets of the Borrower and its Subsidiaries taken as a whole.
Notice of Suit or Adverse Change in Business. The Borrower shall, as soon as possible, and in any event within five (5) Business Days after any Responsible Officer of the Borrower learns of the following, give written notice to the Lender of: (i) any material proceeding(s) (including, without limitation, litigation, arbitration or governmental proceedings) being instituted or threatened to be instituted by or against the Borrower in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) which seeks an award against Borrower in an amount in excess of $500,000 or would result in a materially adverse effect on the financial condition or operation of business of Borrower; (ii) notice that the Borrower’s operations are in material noncompliance with requirements of applicable federal, state or local environmental, health and safety statutes and regulations; (iii) notice that the Borrower is subject to federal or state investigation evaluating whether any material remedial action is needed to respond to the release of any hazardous or toxic waste, substance or constituent, or other substance into the environment; (iv) notice that any material portion of the properties or assets of the Borrower or the Real Property is subject to an Environmental Lien; (v) any material adverse change in the business, assets or condition, financial or otherwise, of the Borrower; and (vi) any changes in the locations of any Negative Pledge Assets from the locations listed on Exhibit A1 or Exhibit A2 or otherwise permitted hereunder.
Notice of Suit or Adverse Change in Business. Such Borrower shall, and shall cause each of its Subsidiaries to, as soon as possible, and in any event within five (5) Business Days after any officer of such Person learns of the following, give written notice to the Lenders of (i) any material proceeding(s) (including, without limitation, litigation, investigations, arbitration or governmental proceedings) being instituted or threatened to be instituted by or against such Person in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign), (ii) notice that such Person's operations are not in full compliance with all requirements of applicable federal, state or local environmental, health and safety statutes and regulations, except for notices as to matters which, either individually or in the aggregate, could not have a Material Adverse Effect on such Person, (iii) notice that such Person is subject to a federal or state investigation evaluating whether any remedial action is needed to respond to the release of any hazardous or toxic waste, substance or constituent, or other substance into the environment, (iv) notice that any properties or assets of such Person are subject to an Environmental Lien, (v) any material adverse change in the such Person's business, operations, condition (financial or otherwise), properties or prospects, and (vi) any changes in the locations of any Collateral or assets of such Borrower from the locations listed on Schedule 6.5.
Notice of Suit or Adverse Change in Business. The Borrower shall, as soon as possible, and in any event within five (5) days after an officer of the Borrower located in Beloit, Wisconsin learns of the following, give written notice to the Agent of (a) any proceedings, potentially material to the business or financial condition of the Borrower or any of its Subsidiaries, if any, including without limitation all proceedings where the amount in controversy exceeds Two Hundred Fifty Thousand Dollars ($250,000), being instituted or threatened to be instituted by or against the Borrower or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) and (b) any material adverse change in the business, assets or condition, financial or otherwise, of the Borrower or any of its Subsidiaries, if any.
Notice of Suit or Adverse Change in Business. The Company shall, as soon as possible, and in any event within fifteen (15) days after it learns of the following, give written notice to the Lender of (i) any material proceeding(s) being instituted by or against the Company or any Subsidiary, in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign), and (ii) any material adverse change in the business, assets or condition, financial or otherwise, of the Company. For purposes of this Agreement, any information filed with the Securities and Exchange Commission shall satisfy the requirement of providing written notice to the Lender.
Notice of Suit or Adverse Change in Business. The Company shall give written notice to Newco (a) as soon as possible, and in any event within five business days after the Company receives actual notice (written or oral) of any material proceeding(s) being instituted or threatened to be instituted by or against the Company or any Subsidiary in any federal, state, or local court or before any commission or other regulatory body (federal, state, or local), and (b) as soon as possible, and in any event within five business days after the Company learns of any Material Adverse Effect.
Notice of Suit or Adverse Change in Business. The Guarantor shall as soon as possible, and in any event within five (5) Business Days after any officer of Allied or any of its Subsidiaries learns of the following, give written notice to the Lender of (i) any material proceeding(s) (including without limitation litigation, investigations, arbitration or governmental proceedings) being instituted or threatened to be instituted by or against any of the foregoing entities in any federal, state, local orther regulatory body (federal, state, local or foreign), (ii) notice that the operations of any of the foregoing entities are not in full compliance with all requirements of applicable federal, state or local environmental, health and safety statutes and regulations, except for notices as to matters which, either individually or in the aggregate, could not have a material adverse effect on such Person's financial condition, results of operations or business or on the value of any material portion of the Collateral, (iii) notice that any of the foregoing entities is subject to federal or state investigation evaluating whether any remedial action is needed to respond to the release of any hazardous or toxic waste, substance or constituent, or other substance into the environment, (iv) notice that any properties or assets of any of the foregoing entities are subject to an Environmental Lien, and (v) any material adverse change in any of the foregoing entities' financial condition, results of operations or business.
Notice of Suit or Adverse Change in Business. Borrower shall, as soon as possible, and in any event within five (5) Business Days after any officer of Borrower learns of the following, give written notice to Lender of (i) any material proceeding(s) (including without limitation litigation, investigations, arbitration or governmental proceedings) being instituted or threatened to be instituted by or against Borrower or Allied or any of Allied's other Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign), (ii) notice that the operations of Borrower or Allied or any of Allied's other Subsidiaries are not in full compliance with all requirements of applicable federal, state or local environmental, health and safety statutes and regulations, except for notices as to matters which, individually and in the aggregate, could not have a material adverse effect on such Person's financial condition, results of operations or business or on the value of any material portion of the Collateral or assets of such Person, (iii) notice that Borrower or Allied or any of Allied's other Subsidiaries is subject to a federal or state investigation evaluating whether any remedial action is needed to respond to the release of any hazardous or toxic waste, substance or constituent, or other substance into the environment, (iv) notice that any properties or assets of Borrower or Allied or any of Allied's other Subsidiaries are subject to an Environmental Lien, (v) any material adverse change in the financial condition, results of operations or business of Borrower or Allied or any of Allied's other Subsidiaries, and (vi) any changes in the locations of any Collateral or assets of Borrower from the locations listed on Schedule 6.5.
Notice of Suit or Adverse Change in Business. The Company shall, and shall cause each Material Subsidiary to, as soon as possible, and in any event within five Business Days after the Company or such Material Subsdiary learns of the following, give written notice to the Bank of (a) any material proceeding(s) being instituted or threatened to be instituted by or against the Company or any Material Subsidiary in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign), (b) any material adverse change in the business, Property or condition, financial or otherwise, (including, without limitation, any material loss or depreciation in the value of the Collateral) of the Company or any Material Subsidiary and (c) the occurrence of any Default or Event of Default hereunder.
