Notification of Governmental Action. Promptly notify the Bank in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereof, including without limitation, material matters relating to the federal or state tax returns of the Borrower, compliance with the Occupational Safety and Health Act, or proceedings by the Treasury Department, Labor Department, or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 3 contracts
Samples: Loan Agreement (Pennichuck Corp), Loan Agreement (Nashua Corp), Loan Agreement (Pennichuck Corp)
Notification of Governmental Action. Promptly notify the Bank Lender in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including including, without limitation, material matters relating to the federal or state tax returns of the BorrowerBorrower or the Guarantors, compliance with the Occupational Safety and Health Act, Act or proceedings by the Treasury Department, Labor Department, Department or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 2 contracts
Samples: Commercial Loan Agreement (VeriChip CORP), Commercial Loan Agreement (Applied Digital Solutions Inc)
Notification of Governmental Action. Promptly notify the Bank in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including without limitation, material matters relating to the federal or state tax returns of the Borrower, compliance with the Occupational Safety and Health Act, or proceedings by the Treasury Department, Labor Department, or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 1 contract
Notification of Governmental Action. Promptly notify the Bank BANK in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including without limitation, material matters relating to the federal or state tax returns of the Borrower, BORROWER or the Guarantor. compliance with the Occupational Safety and Health Act, or proceedings by the Treasury Department, Labor Department, or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 1 contract
Samples: Commercial Loan Agreement (Shepherd Surveillance Solutions Inc)
Notification of Governmental Action. Promptly notify the Bank BANK in ----------------------------------- writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including without limitation, material matters relating to the federal or state tax returns of the BorrowerBORROWER, compliance with the Occupational Safety and Health Act, or proceedings by the Treasury Department, Labor Department, or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 1 contract
Notification of Governmental Action. Promptly notify the Bank ___________________________________ BANK in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including without limitation, material matters relating to the federal or state tax returns of the BorrowerBORROWER or the guarantor, compliance with the Occupational Safety and Health Act, or proceedings by the Treasury Department, Labor Department, or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 1 contract
Notification of Governmental Action. Promptly notify the Bank BANK in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including without limitation, material matters relating to the federal or state tax returns of the BorrowerBORROWER or the guarantor, compliance with the Occupational Safety and Health Act, or proceedings by the Treasury Department, Labor Department, or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 1 contract
Samples: Loan Agreement (Presstek Inc /De/)
Notification of Governmental Action. Promptly notify the Bank Lender in writing of any material governmental investigation or proceeding that has been instituted or is pending or threatened and the outcome thereofthreatened, including including, without limitation, material matters relating to the federal or state tax returns of the Borrower, Borrower compliance with the Occupational Safety and Health Act, Act or proceedings by the Treasury Department, Labor Department, Department or Pension Benefit Guaranty Corporation with respect to matters affecting employee welfare, benefit or retirement programs.
Appears in 1 contract