Common use of Notices; Information Clause in Contracts

Notices; Information. (a) The Company and the Guarantors shall deliver to each Holder promptly, but in any event within three Business Days after, any officer thereof obtains knowledge (i) of any condition or event that constitutes a Default or an Event of Default under any Agreement Document; (ii) that any Person has given any notice with respect to any event or condition set forth in Section 6.01(g); or (iii) of the occurrence of any event or change that could reasonably be expected to cause or evidence, either in any case or in the aggregate, a Material Adverse Effect, an Officer’s Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given and action taken by any such Person and the nature of such claimed Event of Default, Default, default, event or condition, and what action the Company has taken, is taking and proposes to take with respect thereto. (b) The Company and the Guarantors shall deliver to each Holder promptly upon any officer thereof obtaining knowledge of any Adverse Proceeding not previously disclosed in writing to the Holders, if adversely determined could be reasonably expected to have a Material Adverse Effect, or seeks to enjoin or otherwise prevent the consummation of, or to recover any damages or obtain relief as a result of, the transactions contemplated hereby, notice thereof together with such other information as may be reasonably available to Company or any Guarantor (including delivery of copies of notices received by them) to enable the Holders and their counsel to evaluate such matters. (c) The Company and the Guarantors shall deliver to each Holder and the Collateral Agent within three Business Days (i) any default notice received with respect to any Material Indebtedness and (ii) notice of any event of default (or analogous term) under any Material Indebtedness or any default under any Indebtedness satisfying the parameters of Section 6.01(g) of which any officer thereof has knowledge. Section 4.25

Appears in 3 contracts

Samples: Note Issuance Agreement (Appgate, Inc.), Supplemental Agreement (Appgate, Inc.), Intercreditor and Subordination Agreement (Appgate, Inc.)

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Notices; Information. (a) The Company and the Guarantors Each Loan Party shall deliver to each Holder Lender promptly, but in any event within three (3) Business Days after, any officer thereof obtains knowledge (i) of any condition or event that constitutes a Default or an Event of Default under any Agreement Loan Document; (ii) that any Person has given any notice with respect to any event or condition set forth in Section 6.01(g); [reserved] or (iii) of the occurrence of any event or change that could reasonably be expected to cause or evidence, either in any case or in the aggregate, a Material Adverse Effect, an Officer’s Certificate specifying the nature and period of existence of such condition, event or change, or specifying the notice given and action taken by any such Person and the nature of such claimed Event of Default, Default, default, event or condition, and what action the Company Borrower has taken, is taking and proposes to take with respect thereto. (b) The Company and the Guarantors Each Loan Party shall deliver to each Holder Lender promptly upon any officer thereof obtaining knowledge of any Adverse Proceeding not previously disclosed in writing to the HoldersLenders, if adversely determined could be reasonably expected to have a Material Adverse Effect, or seeks to enjoin or otherwise prevent the consummation of, or to recover any damages or obtain relief as a result of, the transactions contemplated hereby, notice thereof together with such other information as may be reasonably available to Company or any Guarantor Loan Party (including delivery of copies of notices received by them) to enable the Holders Lenders and their counsel to evaluate such matters. (c) The Company and the Guarantors Each Loan Party shall deliver to each Holder Lender and the Collateral Administrative Agent within three (3) Business Days (i) any default notice received with respect to any Material Indebtedness and (ii) notice of any event of default (or analogous term) under any Material Indebtedness or any default under any Indebtedness satisfying the parameters of Section 6.01(g) of which any officer thereof has knowledge. Section 4.257.16

Appears in 1 contract

Samples: Possession Credit Agreement (Appgate, Inc.)

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