Notices to Bank. To promptly notify the Bank in writing of:
Notices to Bank. Promptly notify Bank in writing of (i) the occurrence of any Default Condition or Event of Default; (ii) any pending or threatened litigation claiming damages in excess of $25,000 or seeking relief that, if granted, would adversely affect the financial condition or business operations of Borrower; (iii) the release or discharge of any Hazardous Substance on any property owned by Borrower; and (iii) any asserted violation by Borrower of or demand for compliance by Borrower with any Applicable Law.
Notices to Bank. Tenant shall not request or instruct the Bank of any L-C to refrain from paying sight draft(s) drawn under such L-C. ARTICLE 22
Notices to Bank. Promptly, upon Borrowers acquiring Knowledge thereof, give written notice to Bank of:
Notices to Bank. Tenant shall not request or instruct the Bank of any I-C to refrain from paying sight draft(s) drawn under such L-C. 21.10 Reduction in L-C Amount. Notwithstanding the foregoing, the L-C Amount required hereunder shall reduce to the following amounts on the following dates (each such date, a “Reduction Date”): (1) on the expiration of the thirty-sixth (36th) full calendar month of the Lease Term, the I-C Amount shall reduce to $3,040,705.00; (ii) on the expiration of the forty-eighth (4$th) full calendar month of the Lease Term, the L-C Amount shall reduce to $2,280,529.00; (iii) on the expiration of the sixtieth (60th) full calendar month of the Lease Term, the L-C Amount shall reduce to $1,520,353.00; and (iv) on the expiration of the seventy-second (72’) full calendar month of the Lease Term, the L-C Amount shall reduce to $1,229,271.00; provided, however, that if on or prior to any Reduction Date, a Default by Tenant shall have occurred and remain uncured, the I-C Amount shall not reduce on such date and shall not thereafter reduce until the next Reduction Date if such Default has been cured; provided further that in no event shall the L-C Amount reduce below $1,229,271.00. If Tenant is entitled to any such reduction, then Landlord shall cooperate in a commercially reasonable manner with Tenant upon Tenant’s 1049651.11/SF 373398-00076/I l-13-17/arb/j11 —30— Recursion Phormaceuticals, Inc.
Notices to Bank. 30 8.11 Insurance. ........................................................................................................................ 31 8.12
Notices to Bank. Any notice you are required to send us must be sent via U.S. mail to the address below. However, if you need to notify us of a security breach, loss, theft, or compromise of your Accounts, Login Credentials, or any Device, you shall also contact us by telephone as soon as possible after you learn of the breach or loss. Professional Bank 000 Xxxxxxxx Xxxxxx, Xxxxx 000 Xxxxx Xxxxxx, Xxxxxxx 00000 Tel: 000-000-0000 Fax: 000-000-0000 E-mail: xxxxxxxxxxxxxxx@xxxxxxxxxxxxxxxxxx.xxx
Notices to Bank. Notify the Bank in writing not later than five (5) business days after the earlier of when Borrower obtains, actual knowledge or receives written notice thereof of (a) any lawsuit over Two Hundred Thousand and no/100 Dollars ($200,000.00) against the Borrower. (b) any material dispute between the Borrower and any government authority. (c) any failure to comply with this Agreement, (d) any change in the Borrower's name, legal structure, place of business, or chief executive office if the Borrower has more than one place of business.
