Common use of Other Defaults, Litigation and Judgments Clause in Contracts

Other Defaults, Litigation and Judgments. (A) Seller shall promptly, and in any event not later than two (2) Business Days, after obtaining Knowledge thereof, notify Buyer of (x) any event of default (beyond applicable notice and grace periods) on the part of Seller under any Indebtedness or other material contractual obligations of Seller; and (y) the commencement or written threat of, or judgment in, any action, suit, proceeding, investigation or arbitration before any Governmental Authority involving Seller or any of its respective assets.

Other Defaults, Litigation and Judgments. (A) Seller shall promptly, and in any event not later than two three (23) Business Days, after obtaining Knowledge thereof, notify Buyer of (x) any event of default (beyond applicable notice and grace periods) on the part of Seller under any Indebtedness or other material contractual obligations of Sellerobligations; and (y) the commencement or written threat of, or judgment in, any action, suit, proceeding, investigation or arbitration before any Governmental Authority involving Seller or any of its respective assets.

Other Defaults, Litigation and Judgments. (A) Seller shall promptly, and in any event not later than two (2) Business Days, after obtaining Knowledge thereof, notify Buyer Purchaser of (x) any event of default (beyond applicable notice and grace periods) on the part of Seller under any Indebtedness or other material contractual obligations of Sellerobligations; and (y) the commencement or written threat of, or judgment in, any action, suit, proceeding, investigation or arbitration before any Governmental Authority involving Seller or any of its respective assets.

Other Defaults, Litigation and Judgments. (A) Seller shall promptly, and in any event not later than two (2) Business Days, after obtaining Knowledge thereof, notify Buyer of (x) any event of default (beyond applicable notice and grace periods) on the part of Seller under any Indebtedness or other material contractual obligations of Sellerobligations; and (y) the commencement or written threat of, or judgment in, any action, suit, proceeding, investigation or arbitration before any Governmental Authority involving Seller or any of its respective assets.

Other Defaults, Litigation and Judgments. (A) Each Seller Counterparty shall promptly, and in any event not later than two (2) Business Days, after obtaining Knowledge thereof, notify Buyer Purchaser of (x) any event of default (beyond applicable notice and grace periods) on the part of Seller or Swingline Subsidiary under any Indebtedness or other material contractual obligations of Sellerobligations; and (y) the commencement or written threat of, or judgment in, any action, suit, proceeding, investigation or arbitration before any Governmental Authority involving any Seller Counterparty or any of its respective assets.