Notice of Violations of Law, Tax Assessments. Borrower will notify Bank in writing, promptly upon Borrower’s learning thereof, of any violation of any law, statute, regulation, rule or ordinance of any Governmental Authority, and of the imposition of any federal, state or local tax withholding or assessment, applicable to Borrower, the violation or imposition of which would have a Material Adverse Effect. Borrower will (i) provide Bank with copies of all communications between Borrower and any Governmental Authorities which relate to Environmental Activities, Environmental Requirements, or Hazardous Substances affecting Borrower; and (ii) notify Bank immediately after obtaining knowledge of the Release or alleged Release in a reportable quantity (as defined under applicable Environmental Law) of any Hazardous Substances on, in, under or affecting Borrower’s property or any surrounding area, and any noncompliance with any Environmental Requirement.
Notice of Violations of Law, Tax Assessments. Borrower will notify Agent in writing, promptly upon Borrower’s learning thereof, of any violation of any law, statute, regulation, rule or ordinance of any Governmental Authority, and of the imposition of any federal, state or local Tax withholding or assessment, applicable to Borrower, the violation or imposition of which could reasonably be expected to have a Material Adverse Effect. Borrower will (i) provide Agent with copies of all material communications between Borrower and any Governmental Authorities which relate to Environmental Activities, Environmental Requirements, or Hazardous Substances affecting Borrower; and (ii) notify Agent promptly after obtaining knowledge of the Release or alleged Release in a reportable quantity (as defined under applicable Environmental Law) of any Hazardous Substances on, in, under or affecting Borrower’s property or any surrounding area, and any noncompliance with any Environmental Requirement.
Notice of Violations of Law, Tax Assessments. The Borrowing Agent will notify the Agent in writing, promptly following the Borrowers' learning thereof, of (i) any violation by a Borrower or any Subsidiary of a Borrower of any Law, the violation of which would reasonably be expected to have a Material Adverse Effect, (ii) the nonpayment when finally due of any federal tax applicable to a Borrower or any Subsidiary of a Borrower or any state or local withholding tax applicable to a Borrower or any Subsidiary of a Borrower in an amount in excess of One Hundred Thousand and 00/100 Dollars ($100,000.00), and (iii) any federal, state or local tax assessment applicable to a Borrower or any Subsidiary of a Borrower in an amount in excess of One Hundred Thousand and 00/100 Dollars ($100,000,000).
Notice of Violations of Law, Tax Assessments. Each Borrower will notify Agent in writing, promptly upon such Borrower's learning thereof, of any violation of any law, statute, regulation, rule or ordinance of any Governmental Authority, and of the imposition of any federal, state or local tax withholding or assessment, applicable to such Borrower, the violation or imposition of which would have a Material Adverse Effect. Each Borrower will (i) provide Agent with copies of all communications between such Borrower and any Governmental Authorities which relate to violations of Environmental Law; and (ii) notify Agent promptly after confirming the Release of any Hazardous Substances on Borrower's property that would have a Material Adverse Effect.
Notice of Violations of Law, Tax Assessments. Parent Guarantor or Borrower shall notify Agent in writing, promptly upon Parent Guarantor’s or Borrower’s, as the case may be, learning thereof, of any violation of any law, statute, regulation, rule or ordinance of any Governmental Authority, and of the imposition of any federal, state or local Tax withholding or assessment, applicable to any Credit Party, the violation or imposition of which could reasonably be expected to cause or have a Material Adverse Effect. Parent Guarantor or Borrower shall (i) provide Agent with copies of all written notices and other documents pertaining to any investigation or remediation involving any Credit Party and any Governmental Authorities which relate to Environmental Activities, Environmental Requirements, or Hazardous Substances affecting such Credit Party; and (ii) notify Agent promptly after obtaining knowledge of the Release or alleged Release in a reportable quantity (as defined under applicable Environmental Law) of any Hazardous Substances on, in, under or affecting such Credit Party’s property or any surrounding area, and any noncompliance with any Environmental Requirement which would reasonably be expected to cause or have a Material Adverse Effect.
Notice of Violations of Law, Tax Assessments. Each Borrower will notify Bank in writing, promptly upon either Borrower's learning thereof, of (i) any violation by either Borrower or any Guarantor Subsidiary of any law, statute, regulation, rule or ordinance of any govern- mental entity, or of any agency thereof, which violation could have a Material Adverse Effect, (ii) the nonpayment of any federal, state or local withholding tax applicable to either Borrower or any Guarantor Subsidiary to the extent the amount involved equals or exceeds One Hundred Thousand Dollars ($100,000), and (iii) any federal, state or local tax assessment applicable to either Borrower or any Guarantor Subsidiary to the extent such assessment equals or exceeds One Hundred Thousand Dollars ($100,000).
Notice of Violations of Law, Tax Assessments. Borrower will notify Bank in writing, promptly upon Borrower's learning thereof, of (i) any violation by Borrower of any law, statute, regulation, rule or ordinance of any governmental entity, or of any agency thereof, the violation of which may have a Material Adverse Effect, and (ii) any federal, state or local tax assessment of any failure by Borrower to pay when applicable to Borrower in excess of Twenty-Five Thousand Dollars ($25,000).
Notice of Violations of Law, Tax Assessments. Each Borrower will notify Xxxxxx in writing, promptly upon such Borrower's learning thereof, of any violation of any law, statute, regulation, rule or ordinance of any Governmental Authority, and of the imposition of any federal, state or local tax withholding or assessment, applicable to such Borrower, the violation or imposition of which would have a Material Adverse Effect. Each Borrower will (i) upon Xxxxxx'x request, provide Xxxxxx with copies of all communications between such Borrower and any Governmental Authorities which relate to violations of Environmental Law; and (ii) notify Xxxxxx promptly after confirming the Release of any Hazardous Substances on Borrower's property that would have a Material Adverse Effect.
