Notice Regarding Contracts Sample Clauses

Notice Regarding Contracts. Promptly following the occurrence thereof, notification of any material changes in any Material Operating Agreement to the extent same has or would reasonably be likely to have a Material Adverse Effect.
AutoNDA by SimpleDocs
Notice Regarding Contracts. Promptly following the occurrence thereof, notification of any material changes in any Material Operating Agreement.
Notice Regarding Contracts. (A) After an Eligible Contract is included in the Borrowing Base, in the event that Borrower becomes aware that one of the requirements in the definition of Eligible Contracts or one of the conditions in Section 9.1 is no longer being satisfied with respect to the Contract, Borrower shall state such ineligibility on the next monthly applicable reports submitted after Borrower becomes aware thereof. (B) Upon the reasonable request of Lender and at Lender's expense, Borrower shall to the extent authorized by law obtain current credit bureau reports on Contract Debtors. Section 7.1.
Notice Regarding Contracts. Promptly following the occurrence thereof, notification of any material changes in any Material Operating Agreement, and with respect to any other contracts which are necessary for the operation of the Premises, including elevator maintenance agreements, agreements with respect to electricity, gas, water, and telephone service (both local and long distance), heating, ventilating and air conditioning, and other major mechanical maintenance agreements, Loan Parties will (or will cause Property Manager to) notify Agent if any such contracts are not renewed or replaced with similar agreements upon their expiration or termination.
Notice Regarding Contracts. (A) In the event any amounts due and owing in excess of One Thousand Dollars ($1,000) on a Pledged Contract become disputed between the Contract Debtor and Borrower, or in the event a Contract Debtor for a Pledged Contract asserts a claim, offset, or defense, or in the event a Person other than Borrower or a Contract Debtor makes a claim of ownership or other interest in a Financed Vehicle or Contract, then Borrower shall provide Lender with written notice thereof within Ten (10) Business Days of learning of the same, explaining in detail the nature of the matter and the amount in controversy. Borrower shall promptly, but in no event later than ten (10) Business Days after learning thereof, inform Lender of all material adverse information relating to the financial condition of any Contract Debtor, or the value of any Pledged Contract or Financed Vehicle.
Notice Regarding Contracts. 36 Section 6.13 Commercially Reasonable Efforts; Cooperation....................................... 36 Section 6.14 Indemnification.................................................................... 37 Section 6.15 Public Announcements............................................................... 37 Section 6.16 Issuance of Shares to Trust........................................................ 38
Notice Regarding Contracts. The Company shall use commercially reasonable efforts to keep the Buyer Representative informed of the receipt of any notice of, or notice of any intention to, terminate, cancel, curtail or change any contract involving the payment or receipt by the Company or any Subsidiary of any goods or services with a value in excess of $20,000 monthly or $250,000 in the aggregate, by any customer or significant equipment or maintenance supplier of the Company or any Subsidiary.
AutoNDA by SimpleDocs
Notice Regarding Contracts. The following sentence is added to Section 7.0 (B) of the Agreement: After an Eligible Dealer Contract is included in the Borrowing Base, in the event that Borrower becomes aware that one of the requirements in the definition of Eligible Dealer Contract is no longer satisfied, Borrower shall provide Lender with written notice thereof within five (5) Business Days of Borrower becoming aware, explaining in detail the timing and reasons why the requirement is not satisfied.
Notice Regarding Contracts. The Borrower shall notify the Agents and the Banks prior to the Borrower or any Guarantor rejecting any contract or making any motion to reject any contract, setting forth in such notice the Borrower's reasons why such rejection (i) will be in the best interests of the Borrower and the Guarantors and (ii) will not have a material adverse effect on the Borrower and its Subsidiaries, considered as a whole, and avoid proceeding with such rejection if in the reasonable opinion of the Agents such rejection will have a material adverse effect on the Borrower and its Subsidiaries, considered as a whole.
Notice Regarding Contracts. (A) In the event any amounts due and owing in excess of Five Thousand Dollars ($5,000) on a Pledged Contract become disputed between the Contract Debtor and Borrower, or in the event a Contract Debtor for a Pledged Contract asserts a claim, offset, or defense, or in the event a Person other than Borrower or a Contract Debtor makes a claim of ownership or other interest in a Financed Vehicle or Contract, then Borrower shall provide Lender with written notice thereof within three (3) Business Days of learning of the same, explaining in detail the nature of the matter and the amount in controversy. Borrower shall promptly, but in no event later than three (3) Business Days after learning thereof, inform Lender of all material adverse information relating to the financial condition of any Contract Debtor, or the value of any Pledged Contract or Financed Vehicle. 51 (B) After an Eligible Contract is included in the Borrowing Base, in the event that Borrower becomes aware that one of the requirements in the definition of Eligible Contracts or one of the conditions in Section 9.0 are no longer being satisfied with respect to the Contract, Borrower shall provide Lender with written notice thereof within five (5) Business Days of Borrower becoming aware, explaining in detail the timing and reasons why the requirement or condition is not satisfied.
Time is Money Join Law Insider Premium to draft better contracts faster.