Notice of Litigation and Judgments. The Credit Parties will give notice to the Agent in writing within five (5) Business Days of becoming aware of any pending litigation and proceedings affecting any Credit Party is a party involving an uninsured claim against a Credit Party that could either cause a Default or could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Borrower will give notice to the Agent, in writing, within ten (10) days of any judgment not covered by insurance, whether final or otherwise, against a Credit Party in an amount in excess of .
Notice of Litigation and Judgments. The Company will, and will cause each of its Subsidiaries to, give notice to the Lender in writing within thirty (30) days of becoming aware of any litigation or proceedings threatened in writing or any pending litigation and proceedings affecting the Company or any of its Subsidiaries or to which the Company or any of its Subsidiaries is or becomes a party involving an uninsured claim against the Company or any of its Subsidiaries that could reasonably be expected to have a Material Adverse Effect and stating the nature and status of such litigation or proceedings. The Company will give notice to the Lender, in writing, in form and detail satisfactory to the Lender, within ten (10) days of any final judgment not covered by insurance, against the Company or any of its Subsidiaries in an amount in excess of $25,000,000.
Judgments and Litigation. There is no pending or threatened claim, audit, investigation, action or other legal proceeding or judgment, order or award of any court, agency or other governmental authority or arbitrator (any, an “Action”) which involves the , its Subsidiaries or their respective assets and might have a material adverse effect upon the or any Subsidiary or threaten the validity of the Credit, any Transaction Document or any related document or action. will immediately notify the in writing upon acquiring knowledge of any such Action.
Notice of Litigation. So long as the Note remains outstanding, shall provide to promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority against Company that has an amount in controversy that exceeds .
Notice of Litigation. Promptly after the service of process or written notice received by Borrower, the Borrower shall notify Lender of all actions, suits and proceedings before any court or any governmental department, commission or board affecting Borrower or any of its properties.
Notice of Litigation. Within five (5) Business Days after becoming aware of the existence of any action, suit or proceeding at law or in before any Tribunal, an adverse outcome in which would # materially impair the ability of Borrowers to carry on their businesses substantially as now conducted, # materially and adversely affect the condition (financial or otherwise) of Borrowers, or # result in monetary damages, Borrowers will give the Bank a written notice specifying the nature thereof and what actions, if any, Borrowers are taking and proposes to take with respect thereto.
Judgments. Any money judgment, writ or similar process shall be entered or filed against the Borrower or any subsidiary of the Borrower or any of its property or other assets for more than $50,000, and shall remain unvacated, unbonded or unstayed for a period of ten (10) days unless otherwise consented to by the Holder.
Judgments. There is entered against any Borrower or any Subsidiary of any of them # a final judgment or order for the payment of money in an aggregate amount exceeding the Threshold Amount (to the extent not covered by independent third party insurance as to which the insurer does not dispute coverage), or # any one or more non-monetary final judgments that have, or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and, in either case, # enforcement proceedings are commenced by any creditor upon such judgment or order, or # there is a period of thirty (30) consecutive days during which a stay of enforcement of such judgment, by reason of a pending appeal or otherwise, is not in effect; or
Judgments. There is entered against the Company or any Subsidiary # any one final judgment or order for the payment of money in an amount exceeding $35,000,000.00 or any final judgments or orders for the payment of money in an aggregate amount exceeding
Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of either Borrower, threatened, at law, in equity, or in arbitration or before any Governmental Authority, by or against a Borrower or any of its Restricted Subsidiaries or against any of their properties or revenues that # purport to affect or pertain to this Agreement or any other Loan Document or the consummation of the Transactions, or # either individually or in the aggregate, if determined adversely, could reasonably be expected to have a Material Adverse Effect.
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