Notification of Legal Proceedings Sample Clauses

Notification of Legal Proceedings. No later than three days after discovery, the Customer will notify WFBC in writing of (a) any litigation or other proceeding before any court or governmental agency which seeks a monetary recovery against the Customer in excess of $100,000 or (b) any Insolvency Proceeding against the Customer.
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Notification of Legal Proceedings. Consultant shall promptly notify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed thereunder. City retains the right, but has no obligation, to represent Consultant or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and to provide City with the opportunity to review any response to discovery requests provided by Consultant. However, this right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response.
Notification of Legal Proceedings. Notify the Bank promptly of any
Notification of Legal Proceedings. It shall immediately notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to Jinan Youxiantong’s assets, business, operation and revenues of which Party B may become aware.
Notification of Legal Proceedings if any legal proceedings are instituted against it by any of its creditors or in respect of any of the Assigned Rights, including any litigation or claim calling into question in any material way the Issuer's interest therein, immediately: (A) notify the Servicer and the Trustee of such proceedings; and (B) notify the court and any receiver appointed in respect of the property the subject of such proceedings of the interests of the Trustee in the Assigned Rights;
Notification of Legal Proceedings. Notify the Bank promptly of any litigation or legal proceedings involving the Collateral.
Notification of Legal Proceedings. It shall immediately notify the Transaction Agent if any legal proceedings are instituted against it by any of its creditors or in respect of any of its property, assets or undertakings.
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Notification of Legal Proceedings. Mortgagor will promptly notify Mortgagee or other holder or holders of the Indebtedness, in writing, of the commencement of any legal proceedings affecting the Mortgaged Property or any part thereof, and will take such action as may be necessary to preserve its and Mortgagee's rights affected thereby; and should Mortgagor fail or refuse to take any such action, Mortgagee may at its election take such action on behalf and in the name of Mortgagor and at Mortgagor's cost and expense.
Notification of Legal Proceedings if any legal proceedings are instituted against it by any of its creditors which are not frivolous or vexatious and which may have a Material Adverse Effect on the Seller, immediately:
Notification of Legal Proceedings. Each of Borrower and the Guarantors will notify Lender promptly and in writing of the commencement of any legal material proceedings affecting the Collateral or any part thereof, and will take such action as may be necessary to preserve the rights of Borrower, any Guarantor or Lender affected thereby; and should Borrower or any Guarantor fail or refuse to take any such action, Lender may at its election take such action on behalf and in the name and at the cost and expense of Borrower or such Guarantor.
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