Notification of Events. At all times from the date of this AGREEMENT until the EFFECTIVE TIME, each party shall promptly notify the other in writing of any adverse business conditions threatening its normal business operations or of the occurrence of any event or the failure of any event to occur which might result in a breach of or a failure to comply with any representation, warranty, covenant, condition or agreement contained in this AGREEMENT or of the commencement of any action, suit, proceeding, or investigation against it.
Notification of Events. If you hold an Other VET Funding Arrangement, you must promptly notify us via the SVTS if:
Notification of Events. In addition to the obligations under paragraph 22 hereunder, Consultant shall notify Company in writing within twenty-four (24) hours after the occurrence of any one or more of the following events:
(a) Consultant becomes the subject of, or otherwise materially involved in, any government investigation of Consultant’s business practices or the provision of professional services, including being served with a search warrant in connection with such activities;
(b) Consultant becomes the subject of any suit, action or other legal proceeding arising out of Consultant’s professional services;
(c) Consultant becomes the subject of any disciplinary proceeding or action before any state’s medical board or similar agency responsible for professional licensing, standards or behavior; or
(d) any act of nature or any other event occurs which has a material adverse effect on Consultant’s ability to provide the Consulting Services.
Notification of Events. Vendor shall notify the Department in writing if any of the following has been engaged in by or occurred with respect to Vendor or any corporation, shareholder or entity having or owning a controlling interest in Vendor:
12.40.1 Vendor files or permits the filing against it of a case or other proceeding seeking liquidation, reorganization, or other relief with respect to itself or its debts under any bankruptcy, insolvency, or other similar law now or hereafter in effect; or filing an answer admitting the material allegations of a petition filed against it in any involuntary case or other proceeding commenced against it seeking liquidation, reorganization, or other relief under any bankruptcy, insolvency, or other similar law now or hereafter in effect with respect to it or its debts; or consenting to any such relief or to the appointment of or taking possession by any such official in any voluntary case or other proceeding commenced against it seeking liquidation, reorganization or other relief under any bankruptcy, insolvency, or other similar law now or hereafter in effect with respect to it or its debts; or
12.40.2 Seeking or suffering the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its assets; or
12.40.3 Making an assignment for the benefit of creditors; or
12.40.4 Failing, being unable, or admitting in writing the inability generally to pay its debts or obligations as they become due or failing to maintain a positive net worth and such additional capital and liquidity as is reasonably adequate or necessary in connection with Vendor’s performance of its obligations under this Agreement; or
12.40.5 An order is entered approving an involuntary petition to reorganize the business of Vendor for all or part of its property; or
12.40.6 If a writ or warrant of attachment, execution, distraint, levy, possession or any similar process that may materially affect the operation of Vendor is issued by any court or administrative agency against all or any material portion of Vendor’s property; or
12.40.7 Taking any action to authorize any of the foregoing.
Notification of Events. (a) Each Obligor shall promptly inform the Warrantholder if an Event has occurred or is likely to occur (having regard to the relevant facts or circumstances at the time) by serving an Event Notification on the Warrantholder.
(b) If the Warrantholder has reasonable cause to believe that an Event is about to occur, the Warrantholder may request the Obligors to consult with it. Such consultation shall take place within 10 days from the date of the Warrantholder’s request. After the earlier of:
(i) the lapse of 10 days from the date of such Warrantholder’s request (if the Company has confirmed during such consultation that the anticipated Event or Event Date will occur); or
(ii) at any time thereafter, upon the occurrence of the anticipated Event, the Obligors will be deemed to have served an Event Notification.
Notification of Events. As promptly as practicable after becoming aware of such event, the Company shall notify each Investor by telephone and facsimile of the happening of any event, of which the Company has knowledge, as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading, and, except during a Blackout Period, use its best efforts promptly to prepare a supplement or amendment to the Registration Statement to correct such untrue statement or omission and deliver such number of copies of such supplement or amendment to each Investor as such Investor may reasonably request.
Notification of Events. During the period from the date hereof to the Closing or the earlier termination of this Agreement, each Party shall promptly notify the other Parties in writing if there has been (i) the occurrence or non-occurrence of any event or the existence of any fact or condition that would cause or constitute a breach of any of such Party’s representations or warranties had any such representation or warranty been made as of the time of the discovery of such event, fact or condition, (ii) any material failure of such Party to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder, in each case to the extent such breach or failure would result, or would be reasonably likely to result, in the failure of any of such Party’s closing conditions specified in Section 7.01 or Section 7.02, as the case may be, and (iii) any written notice or other communication received by such Party from any Governmental Authority in connection with the transactions contemplated hereby.
Notification of Events. Each party must notify the other party immediately if:
(a) that party disposes of the whole or part of its assets, operations or business other than in the ordinary course of business;
(b) that party ceases to carry on business;
(c) that party ceases to be able to pay its debts as they become due;
(d) any step is taken by a mortgagee to take possession or dispose of the whole or part of that party's assets, operations or business; or
(e) any step is taken to enter into any arrangement between that party and its creditors;
(f) any step is taken to appoint a receiver, a receiver and manager, a trustee in bankruptcy, a provisional liquidator, a liquidator, an administrator or other like person of the whole or part of that party's assets, operations or business; or
(g) where that party is a partnership, any step is taken to dissolve that partnership.
Notification of Events. The Mortgagor shall give notice as soon as possible to the Mortgagee, by cable, telex or other similar mechanical means, from the nearest place offering any such services, of any accident which may involve repairs costing ONE MILLION US DOLLARS (US$1,000,000.00) or more, loss of class, seizure in time of peace and/or war, bottomry, average and salvage, as well as of any assistance whatsoever that may be rendered to the Vessel by third parties, and of any legal proceedings that may be commenced against the Vessel, and in no event later than forty-eight (48) hours after becoming aware of the occurrence of any of the events mentioned in this clause.
Notification of Events immediately inform the Security Agent of: ----------------------
(i) any litigation, arbitration or administrative proceeding taking place, pending or threatened in relation to any of the Security Assets;
(ii) any damage, loss, theft, arrest, confiscation, seizure or any other event which affects or might affect the rights of the Security Agent or any other Finance Party under this Deed or involves any loss or reduction in value of any Security Assets;