Litigation. The Borrowers shall give prompt notice to the Agent of any litigation or governmental proceedings of a material nature pending or threatened in writing against any Property, any Borrower or any Guarantor, which, in the case of any action, suit or proceeding against any Guarantor, is reasonably likely to affect such Guarantor’s ability to perform its obligations under the Loan Documents.

Litigation. ​ shall give prompt notice to ​ of any litigation or governmental proceedings pending or threatened in writing against ​ or any ​ Party, or with respect to the Property, which could reasonably be expected to materially adversely affect the condition (financial or otherwise) or business of ​ or any ​ Party, or the Property.

Litigation. The Agent shall have received a written description of # all litigation or other legal or regulatory proceedings pending or, to the Borrowers’ collective knowledge, threatened in writing against or otherwise related to any of the Borrowers or the Properties and # all litigation or other legal or regulatory proceedings of a material nature pending or, to the Borrowers’ collective knowledge, threatened in writing against or otherwise related to one or more of the Principals and/or any of the Guarantors and, in each case, shall have reviewed and, in its reasonable discretion, Approved the same.

Litigation. The Borrower shall promptly give to each Lender notice of all legal or arbitral proceedings, and of all proceedings before any Governmental Authority, to which the Borrower or its Principal Subsidiaries is a party, except proceedings that would not reasonably be expected to have a Material Adverse Effect. The Borrower may satisfy any such notice requirement by delivering to the Administrative Agent a copy of the Borrower’s report on Form 8-K describing such event, promptly following filing thereof with the SEC.