Notice of Suits. The GWCCA shall notify the Trustee, StadCo and the Issuer in writing as soon as it has knowledge of any actions, suits or proceedings at law, in equity or before or by any governmental issuer, pending, or to its knowledge reasonably threatened, materially affecting or involving the validity or enforceability of this Development Agreement, or that, if determined adversely, would have a materially adverse impact on the New Stadium Project.
Notice of Suits. Adverse Changes in Business and Defaults. The Company shall, as soon as possible, and in any event within five (5) Business Days after it learns of any of the following, give written notice to the Purchasers of:
(a) any proceeding(s) being instituted or threatened to be instituted by or against any Corporation in any federal, state, local or foreign court or before any Governmental Authority in which the amount in controversy exceeds $200,000 (unless the same is covered by insurance and arises in the ordinary course of business in accordance with such Corporation's historical experience) or in which injunctive relief is requested, and any litigation, proceeding, investigation or claim that relates in any material way to (i) any of the Transaction Documents, or (ii) the Certificate of Incorporation, as amended, or By-laws, as amended, of any Corporation;
(b) any change in the business, assets or condition, financial or otherwise, of any Corporation which can reasonably be expected to have a Material Adverse Effect;
(c) any failure by any party to perform any material term or provision of any of the SCC Merger Documents;
(d) the occurrence of any "Default" or "Event of Default" as defined in any of the Senior Debt Documents;
Notice of Suits. Adverse Events. 9091
Notice of Suits. Etc. and Notice and Approval of Proposed Servicing Transfers ...................78 9.10 Payment of Taxes, etc .............................79 9.11 Insurance .........................................79 9.12
Notice of Suits. The Servicer and the Company shall notify Financial Security promptly upon receiving notice of the commencement or threat of any suit or other proceeding against the Company relating to liability for any accident involving vehicles owned, leased or financed by the Company.
Notice of Suits. Each Party shall promptly notify the other of any action, suit or proceeding that is instituted or, to its knowledge, threatened against such Party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement. The Seller will promptly notify the Buyer of any lawsuit, claim, proceeding or investigation that is, to the Seller's knowledge, threatened, brought or asserted against the Seller that would have been listed in Article III if the lawsuit, claim, proceeding or investigation had arisen prior to the date of this Agreement.
Notice of Suits. Etc. and Notice and Approval of Proposed Servicing Transfers....................73 10.11. Payment of Taxes, etc............................................................................73 10.12. Insurance........................................................................................74 10.13. Subordination of Certain Indebtedness............................................................74 10.14. Payment and Performance of Other Loan Obligations................................................74 10.15. Maintain Priority and Perfection of Lender's Lien................................................74 10.16. Use of Proceeds of Advances......................................................................75 10.17. Promptly Correct Escrow Imbalances...............................................................75 10.18.
Notice of Suits. Etc. 68 16.9. Payment of Taxes, Etc. 69 16.10. Insurance; Fidelity Bond 69 16.11. [Reserved.] 70 16.12. Subordination of Certain Indebtedness 70 16.13. Certain Debt to Remain Unsecured 70 16.14. Promptly Correct Escrow Imbalances 70 16.15. MERS Covenants 70 16.16. Special Affirmative Covenants Concerning Purchased Loans 71 16.17. Coordination with Other Lenders/Repo Purchasers and Their Custodians 72 17 NEGATIVE COVENANTS 72 17.1. No Merger 72 17.2. Limitation on Debt and Contingent Indebtedness 72 17.3. Business 73 17.4. Liquidations, Dispositions of Substantial Assets 73 17.5. Loans, Advances, and Investments 73 17.6. Use of Proceeds 74 17.7. Transactions with Affiliates 74 17.8. Liens 74 17.9. ERISA Plans 74 17.10. Change of Principal Office 74 17.11. Distributions 75 17.12. Financial Covenants 75 17.13. Limitations on Payments of Certain Debt 76 17.14. No Changes in Accounting Practices or Fiscal Year 76 18 EVENTS OF DEFAULT; EVENT OF TERMINATION 76 18.1. Events of Default 76 18.2. Transaction Termination 78 18.3. Termination by the Agent 79 18.4. Remedies 79 18.5. Liability for Expenses and Damages 80 18.6. Liability for Interest 80 18.7. Other Rights 80 18.8. Seller’s Repurchase Rights 80 18.9. Sale of Purchased Loans 80 19 SERVICING OF THE PURCHASED LOANS 81 19.1. Servicing Released Basis 81 19.2. Servicing and Subservicing 81 19.3. Escrow Payments 81 19.4. Escrow and Income after Event of Default 81 19.5. Servicing Records 82 19.6. Subservicer Instruction Letter 82 19.7. Termination of Servicing 82 19.8. Notice from Seller 83 19.9. Seller Remains Liable 83 19.10. Backup Servicer 83 19.11. Successor Servicer 84 20 PAYMENT OF EXPENSES; INDEMNITY 84 20.1. Expenses 84 20.2. Indemnity 85 21 SINGLE AGREEMENT 85 22 RELATIONSHIPS AMONG THE AGENT AND THE BUYERS 86 22.1. Appointment of Agent 86 22.2. Scope of Agent’s Duties 86 22.3. Limitation on Duty to Disclose 87 22.4. Authority of Agent to Enforce this Agreement 87 22.5. Agent in its Individual Capacity 87 22.6. Actions Requiring All Buyers’ Consent 88 22.7. Actions Requiring Required Buyers’ Consent 89 22.8. Agent’s Discretionary Actions 89 22.9. Buyers’ Cooperation 89 22.10. Buyers’ Sharing Arrangement 90 22.11. Buyers’ Acknowledgment 90 22.12. Agent Market Value Determinations 91 22.13. Agent’s Duty of Care, Express Negligence Waiver and Release 91 22.14. Calculations of Shares of Principal and Other Sums 92 22.15. Successor Agent 92 22.16. Merger of the Agent 93 22.17. Participation; Assignment by Bu...
Notice of Suits. Prior to the Closing, each party shall promptly notify the other of any Proceeding that is instituted or, to its knowledge, threatened against such party to restrain, prohibit or otherwise challenge the legality of any transaction contemplated by this Agreement. Prior to the Closing, the Seller will promptly notify the Buyer of any Proceeding or investigation that is, to the Seller’s Knowledge, threatened, brought or asserted against the Seller that would have been listed in Schedule 5.14 or 5.15 if the Proceeding or investigation had arisen prior to the date of this Agreement.
Notice of Suits. Adverse Events Furnish Agent and Lenders with prompt notice of (i) any lapse or other termination of any Consent issued to any Borrowers by any Governmental Body or any other Person that is material to the operation of any Borrower business, (ii) any refusal by any Governmental Body or any other Person to renew or extend any such Consent; and (iii) copies of any periodic or special reports filed by any Borrower with any Governmental Body or Person, if such reports indicate any material change in the business, operations, affairs or condition of any Borrower, or if copies thereof are requested by Agent or any Lender, and (iv) copies of any material notices and other communications from any Governmental Body or Person which specifically relate to any Borrower.
(i) Additional Documents Execute and deliver to Agent, upon request, such documents and agreements as Agent may, from time to time, reasonably request to carry out the purposes, terms or conditions of this Agreement.
