Common use of Violation of Laws Clause in Contracts

Violation of Laws. Promptly, any notice of any violation received by any Credit Party from any Governmental Authority which could reasonably be expected to (i) result in penalties in excess of $10,000,000 or (ii) have, individually or in the aggregate, a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Itron Inc /Wa/), Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)

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Violation of Laws. Promptly, any notice of any violation received by any Credit Party from any Governmental Authority which could reasonably be expected to (i) result in penalties in excess of $10,000,000 15,000,000 or (ii) have, individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Itron Inc /Wa/)

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