Common use of Notices of Claims, Litigation, Defaults, etc Clause in Contracts

Notices of Claims, Litigation, Defaults, etc. Promptly inform the Bank in writing of (1) all existing and threatened litigation, claims, investigations, administrative proceedings and similar actions affecting the Borrower or any Subsidiary of the Borrower which could materially affect the business, property, affairs, prospects or financial condition of Borrower or any of its Subsidiaries; (2) the occurrence of any default or Event of Default and the circumstances which give rise to the Bank's option to terminate the Credit Facilities to the extent the disclosure does not violate any Legal Requirement; (3) any material additions to or material changes in its locations or businesses, unless the Borrower has provided such information in writing to the Bank prior to making such addition or such change; and (4) any alleged breach of any provision of this agreement or of any other Related Documents by the Bank.

Notices of Claims, Litigation, Defaults, etc. Promptly inform the Bank in writing of (1) all existing and threatened litigation, claims, investigations, administrative proceedings and similar actions affecting the Borrower or any Subsidiary of the Borrower which could reasonably be expected to materially affect the business, property, affairs, prospects or financial condition of Borrower or any of its Subsidiaries; (2) the occurrence of any default or Event of Default and the circumstances which give rise to the Bank's ’s option to terminate the Credit Facilities to the extent the disclosure does not violate any Legal Requirement; (3) any material additions to or material changes in its locations or businesses, unless the Borrower has provided such information in writing to the Bank prior to making such addition or such change; and (4) any alleged breach of any provision of this agreement or of any other Related Documents by the Bank.

Notices of Claims, Litigation, Defaults, etc. Promptly inform the Bank in writing of (1) all existing and threatened litigation, claims, investigations, administrative proceedings and similar actions affecting the Borrower or any Subsidiary of the Borrower which could materially affect the business, property, affairs, prospects or financial condition of Borrower or any of its Subsidiaries; (2) the occurrence of any default or Event of Default and the circumstances which give rise to the Bank's option to terminate the Credit Facilities to the extent the disclosure does not violate any Legal Requirement; (3) any material additions to or material changes in its locations or businesses, unless the Borrower has provided such information in writing to the Bank prior to making such addition or such change; and (4) any alleged breach of any provision of this agreement or of any other Related Documents by the Bank.;

Notices of Claims, Litigation, Defaults, etc. Promptly inform the Bank in writing of (1) all existing and threatened litigation, claims, investigations, administrative proceedings and similar actions affecting the Borrower or any Subsidiary of the Borrower which could materially affect the business, property, affairs, prospects or financial condition of Borrower or any of its Subsidiaries; (2) the occurrence of any default or Event of Default and the circumstances which give rise to the Bank's ’s option to terminate the Credit Facilities to the extent the disclosure does not violate any Legal Requirement; (3) any material additions to or material changes in its locations or businesses, unless the Borrower has provided such information in writing to the Bank prior to making such addition or such change; and (4) any alleged breach of any provision of this agreement or of any other Related Documents by the Bank.