Common use of Suits or Other Proceedings Clause in Contracts

Suits or Other Proceedings. Upon any Authorized Representative or executive officer of the Borrower obtaining knowledge of any litigation or other proceedings being instituted against the Borrower or any Subsidiary, or any attachment, levy, execution or other process being instituted against any assets of the Borrower or any Subsidiary, in an aggregate amount in respect of all such proceedings and processes greater than $500,000 not otherwise covered by insurance, promptly deliver to the Agent written notice thereof stating the nature and status of such litigation, dispute, proceeding, levy, execution or other process.

Suits or Other Proceedings. Upon any Authorized Representative or executive officer Responsible Officer of the Borrower obtaining knowledge of any litigation or other proceedings being instituted against the Borrower or any SubsidiarySubsidiary by any Person, including without limitation any Governmental Authority, or any attachment, levy, execution or other process being instituted against any assets of the Borrower or any Subsidiary, making a claim or claims in an aggregate amount in respect of all such proceedings and processes greater than $500,000 10,000,000 not otherwise covered by insurance, reasonably promptly deliver to the Agent written notice thereof stating the nature and status of such litigation, dispute, proceeding, levy, execution or other process.

Suits or Other Proceedings. Upon any Authorized Representative or executive officer of the Borrower obtaining knowledge of any litigation or other proceedings being instituted against the Borrower or any SubsidiarySubsidiary or other Credit Party, or any attachment, levy, execution or other process being instituted against any assets of the Borrower or any SubsidiarySubsidiary or other Credit Party, making a claim or claims in an aggregate amount in respect of all such proceedings and processes greater than $500,000 not otherwise covered by insurance, the Borrower shall promptly deliver to the Agent written notice thereof stating the nature and status of such litigation, dispute, proceeding, levy, execution or other process.

Suits or Other Proceedings. Upon any Authorized Representative the Chief Executive Officer, President, Vice President or executive officer Treasurer of the Borrower obtaining knowledge of any litigation or other proceedings being instituted by any Person against the Borrower or any SubsidiarySubsidiary or other Credit Party, or any attachment, levy, execution or other process being instituted against any assets of the Borrower or any SubsidiarySubsidiary or other Credit Party, making a claim or claims in an aggregate amount in respect of all such proceedings and processes greater than $500,000 1,000,000 not otherwise covered by insurance, promptly deliver to the Agent written notice thereof stating the nature and status of such litigation, dispute, proceeding, levy, execution or other process.

Suits or Other Proceedings. Upon any Authorized Representative or executive officer of the Borrower obtaining knowledge of any litigation or other proceedings being instituted against the Borrower or any Subsidiary, or any attachment, levy, execution or other process being instituted against any assets of the Borrower Borrowers or any Subsidiary, making a claim or claims in an aggregate amount in respect of all such proceedings and processes greater than $500,000 1,000,000 not otherwise covered by insurance, promptly deliver to the Agent Lender written notice thereof stating the nature and status of such litigation, dispute, proceeding, levy, execution or other process.

Suits or Other Proceedings. Upon any Authorized Representative or executive officer of the Borrower obtaining knowledge of any litigation or other proceedings being instituted against the Borrower or any Subsidiary, or any attachment, levy, execution or other process being instituted against any assets of the Borrower or any Subsidiary, making a claim or claims in an aggregate amount in respect of all such proceedings and processes greater than $500,000 not otherwise covered by insurance, promptly deliver to the Agent written notice thereof stating the nature and status of such litigation, dispute, proceeding, levy, execution or other process.;