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.
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).
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.
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.
