Notify Bank immediately. upon acquiring knowledge of (a) the institution or threatened institution of any lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of Borrower; (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect in connection with any employee benefit plan.
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Samples: Credit Agreement (Pervasive Software Inc), Credit Agreement (Pervasive Software Inc)
Notify Bank immediately. upon acquiring knowledge of (a) the institution or threatened institution of any lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect any Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of any Borrower; (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect in connection with any employee benefit plan.
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Samples: Credit Agreement (Tanisys Technology Inc), Credit Agreement (Tanisys Technology Inc)
Notify Bank immediately. upon acquiring knowledge of (a) the institution or threatened institution of any material lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of Borrower; (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect in connection with any employee benefit plan.
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Samples: Credit Agreement (Xetel Corp)
Notify Bank immediately. upon acquiring knowledge of (a) the institution or threatened institution of any lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of Borrower; (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect (as defined by ERISA) in connection with any employee benefit plan.
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Notify Bank immediately. upon acquiring knowledge of (a) the institution or threatened institution of any lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of Borrower; (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect in connection with any employee benefit plan.
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Samples: Revolving Credit Agreement (Turbochef Technologies Inc)
Notify Bank immediately. upon acquiring knowledge of (a) the institution or threatened institution of any lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect any Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of or any Borrower; , (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect in connection with any employee benefit plan.
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Notify Bank immediately. upon acquiring knowledge of (a) the a)'the institution or threatened institution of any lawsuit or administrative proceeding which, if adversely determined, might materially adversely affect Borrower; (b) any material adverse change in the assets, liabilities, financial condition, business or affairs of Borrower; (c) any Event of Default; or (d) any reportable event or any prohibited transaction involving potentially material adverse effect in connection with any employee benefit plan.
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