Notification By Customer. Customer shall provide MLBFS with prompt written notification of: (i) any Default; (ii) any materially adverse change in the business, financial condition or operations of Customer or any Business Guarantor; (iii) any information which indicates that any financial statements of Customer or any Guarantor fail in any material respect to present fairly the financial condition and results of operations purported to be presented in such statements; and (iv) any change in Customer's outside accountants. Each notification by Customer pursuant hereto shall specify the event or information causing such notification, and, to the extent applicable, shall specify the steps being taken to rectify or remedy such event or information.
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Samples: Loan and Security Agreement (Drugmax Com Inc), Loan Agreement (Main Street & Main Inc), Wcma Reducing Revolver Loan Agreement (Main Street & Main Inc)
Notification By Customer. Customer shall provide MLBFS with prompt written notification of: of (i) any Default; , (ii) any materially adverse change in the business, financial condition or operations of Customer or any Business Guarantor; , (iii) any information which indicates that any financial statements of Customer or any Guarantor fail in any material respect to present fairly the financial condition and results of operations purported to be presented in such statements; , and (iv) any change in Customer's Customers outside accountantsaccounts. Each notification by Customer pursuant hereto shall specify the event or information causing such notification, and, to the extent applicable, shall specify the steps being taken to rectify or remedy such event or information.
Appears in 1 contract
Samples: Loan and Security Agreement (Dynacq Healthcare Inc)
Notification By Customer. Customer shall provide MLBFS with prompt written notification of: (i) any Event of Default, or event which with the giving of notice, passage of time, or both, would constitute an Event of Default; (ii) any materially adverse change in the business, financial condition or operations of Customer or any Business Guarantor; Customer, and (iii) any information which indicates that any financial statements of Customer or any Guarantor fail in any material respect to present fairly the financial condition and results of operations purported to be presented in such statements; and (iv) any change in Customer's outside accountants. Each notification by Customer pursuant hereto shall specify the event or information causing such notification, and, to the extent applicable, shall specify the steps being taken to rectify or remedy such event or information.. PARAGRAPH 7A TO WCMA NOTE, LOAN, AND SECURITY AGREEMENT
Appears in 1 contract
Samples: Loan and Security Agreement (Faro Technologies Inc)
Notification By Customer. Customer shall provide MLBFS with prompt written notification of: (i) any Event of Default, or event which with the giving of notice, passage of time, or both, would constitute an Event of Default; (ii) any materially adverse change in the business, financial condition or operations of Customer or any Business GuarantorCustomer; and (iii) any information which indicates that any financial statements of Customer or any Guarantor fail in any material respect to present fairly the financial condition and results of operations purported to be presented in such statements; and (iv) any change in Customer's outside accountants. Each notification by Customer pursuant hereto shall specify the event or information causing such notification, and, to the extent applicable, shall specify the steps being taken to rectify or remedy such event or information.
Appears in 1 contract
Samples: Loan Agreement (Minimed Inc)