Default; Material Adverse Change. Promptly advise Administrative Agent of the occurrence of any event having or causing a Material Adverse Effect on any Loan Party, the occurrence of any Default or Event of Default hereunder.
Material Adverse Effect. Promptly upon any Authorized Officer obtaining knowledge of any event, change or circumstance that has had or would reasonably be expected to have a Material Adverse Effect, provide written notice thereof to the Administrative Agent and the Lenders.
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