Value Adjustment Event Clause Samples

A Value Adjustment Event clause defines circumstances under which the value of a contract or transaction may be recalculated or adjusted due to specific triggers, such as changes in market conditions, regulatory requirements, or creditworthiness of a party. In practice, this clause typically outlines the events that constitute a value adjustment, the method for determining the new value, and the process for notifying affected parties. Its core function is to ensure that the contract remains fair and accurately reflects the underlying economic reality, thereby protecting both parties from unforeseen shifts that could otherwise create significant imbalances or risks.
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Value Adjustment Event. The Servicer will provide the Administrative Agent and each Lender (with a copy to the Collateral Agent) with prompt written notice of the occurrence of any Value Adjustment Event with respect to any Eligible Loan Asset of which the Servicer has knowledge or has received notice.
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Value Adjustment Event. Promptly upon obtaining knowledge thereof, the Servicer will provide the Administrative Agent and each Lender (with a copy to the Collateral Agent) with written notice of the occurrence of any event that the Servicer reasonably believes is a Value Adjustment Event with respect to any Eligible Loan Asset; provided that, the Servicer will be deemed to not have knowledge of any Valuation Adjustment Event that requires a determination be made by the Administrative Agent until such determination has been made. Any such notice will be considered delivered if notation of such potential Value Adjustment Event is made in any Borrowing Base Certificate, Servicing Report, or other report delivered by the Servicer or a Loan Party to the Administrative Agent within the timeframe contemplated by this Section 5.03(w).
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Value Adjustment Event. The Manager will provide the Administrative Agent (with a copy to the Collateral Agent) with prompt written notice of the occurrence of any Value Adjustment Event (excluding any Value Adjustment Event pursuant to which the determination thereof is made by the Administrative Agent independently and without notice from any other party) with respect to any Eligible Loan Asset of which the Manager has actual knowledge or has received notice.
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Value Adjustment Event. The Portfolio Manager will promptly provide the Administrative Agent and each Lender (with a copy to the Collateral Agent) with written notice of the occurrence of any Value Adjustment Event with respect to any Eligible Loan Asset of which the Portfolio Manager has knowledge or has received notice.
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Value Adjustment Event. The Servicer will provide the Administrative Agent and each Lender (with a copy to the Collateral Agent) with prompt written notice of the
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Related to Value Adjustment Event

  • Subsequent Events If, at any time on or after an Applicable Time but prior to the related Settlement Date, any event occurs as a result of which the Registration Statement or Prospectus would include any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein in the light of the circumstances under which they were made or the circumstances then prevailing not misleading, the Company will (i) notify promptly the Manager so that any use of the Registration Statement or Prospectus may cease until such are amended or supplemented; (ii) amend or supplement the Registration Statement or Prospectus to correct such statement or omission; and (iii) supply any such amendment or supplement to the Manager in such quantities as the Manager may reasonably request.