Other Material Developments Clause Samples
The 'Other Material Developments' clause requires parties to promptly disclose any significant events or changes that could impact the agreement or the parties' obligations. This may include financial developments, regulatory actions, or other major occurrences that could affect the business or the transaction. By mandating such disclosures, the clause ensures transparency and allows all parties to assess and respond to new risks or opportunities as they arise, thereby reducing the likelihood of surprises and promoting informed decision-making.
Other Material Developments with reasonable promptness, any other development that results in, or would reasonably be expected to result in, a Material Adverse Effect; and
Other Material Developments. Any other event, occurrence or circumstance, including a change in Law, that has resulted or could reasonably be expected to result in a Material Adverse Effect.
Other Material Developments. Any other event, occurrence or circumstance, including a change in Law, that has resulted or could reasonably be expected to result in a material adverse effect on the Guarantor. Each notice pursuant to this Section 9.2 shall be accompanied by a statement of a Responsible Officer of the Guarantor setting forth details of the occurrence referred to therein and stating what action the Guarantor has taken and propose to take with respect thereto. Each notice pursuant to Section 9.2(a) shall describe with particularity any and all provisions of this Guaranty and any other Loan Document under which a Default has occurred.