Notification by Borrower. Give the Bank prompt written notice of: (a) the occurrence of any Default or Event of Default or any event or condition which, with notice or lapse of time, or both, would constitute an Event of Default, and (b) any development in the business or affairs of the Borrower or any of its Subsidiaries which has resulted in or which is likely in the reasonable judgment of the Borrower to result in a material adverse change in the business, properties, operations or condition, financial or otherwise, of the Borrower or any of its Subsidiaries.
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Samples: Revolving Credit Agreement (Barry R G Corp /Oh/), Revolving Credit Agreement (Barry R G Corp /Oh/), Revolving Credit Agreement (Barry R G Corp /Oh/)
Notification by Borrower. Give the Bank Banks prompt written notice of:
(a) the occurrence of any Default or Event of Default or any event or condition which, with notice or lapse of time, or both, would constitute an Event of Default, and
(b) any development in the business or affairs of the Borrower or any of its Subsidiaries which has resulted in or which is likely in the reasonable judgment of the Borrower to result in a material adverse change in the business, properties, operations or condition, financial or otherwise, of the Borrower or any of its Subsidiaries.
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