Proceedings or Adverse Changes. Promptly, and in any event within 5 Business Days after any Credit Party becomes aware of (i) any proceedings being instituted or threatened to be instituted by or against such Credit Party or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) which, if adversely determined, singly or in the aggregate could reasonably be expected to have a Material Adverse Effect, (ii) any order, judgment or decree in excess of $3,000,000 being entered against such Credit Party or any of its Subsidiaries or any of their respective properties or assets or (iii) any actual or prospective change, development or event which has had or could reasonably be expected to have a Material Adverse Effect, a written statement describing such proceeding, order, judgment, decree, change, development or event and any action being taken with respect thereto by such Credit Party or such Subsidiary.
Proceedings or Adverse Changes. Borrower shall give TBCC written notice of any of the following, promptly, and in any event within five Business Days after Borrower becomes aware of any of the following: (i) any proceeding being instituted or threatened by or against it in any federal, state, local or foreign court or before any commission or other regulatory body involving a sum, together with the sum involved in all other similar proceedings, in excess of $50,000 in the aggregate, (ii) any order, judgment or decree being entered against Borrower or any of its properties or assets involving a sum, together with the sum of all other orders, judgments or decrees, in excess of $50,000 in the aggregate, and (iii) any actual or prospective change, development or event which has had or could reasonably be expected to have a Material Adverse Effect.
Proceedings or Adverse Changes. Each Borrower will as soon as practicable, and in any event within thirty (30) Business Days after any Borrower learns of the following, give written notice to the Agent of any proceeding(s) being instituted or threatened in writing to be instituted by or against CBI or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) that is reasonably likely to expose CBI or any of its Subsidiaries to liability in excess of $2,500,000 (without regard to whether any or all of such amount is covered by insurance). Each Borrower will as soon as possible, and in any event within five (5) Business Days after any Borrower learns of the following, give written notice to the Agent of any Material Adverse Change. Provision of any such notice by any Borrower will not constitute a waiver or excuse of any Default or Event of Default occurring as a result of such changes or events.
Proceedings or Adverse Changes. The Credit Parties will as soon as possible, and in any event within five (5) Business Days after any Executive Officer learns of the following, give written notice to the Agent of (i) any material proceeding(s) being instituted or threatened in writing to be instituted by or against any Credit Party or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign), if the amount involved is equal to or in excess of $10,000,000 and (ii) any event has occurred that has or could reasonably be expected to cause a Material Adverse Change. Provision of such notice by the Credit Parties will not constitute a waiver or excuse of any Default or Event of Default occurring as a result of such changes or events.
Proceedings or Adverse Changes. Promptly, and in any event within five (5) Business Days after a Credit Party becomes aware of (A) any proceeding being instituted or threatened to be instituted by or against a Credit Party or any of its Restricted Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) involving a sum in excess of $1,000,000, (B) any order, judgment or decree in excess of $1,000,000 being entered against a Credit Party or any of its Restricted Subsidiaries or any of their respective properties or assets or (C) any actual or prospective change, development or event which has had or could have a Material Adverse Effect, a written statement describing such proceeding, order, judgment, decree, change, development or event and any action being taken with respect thereto by a Credit Party or any such Subsidiary.
Proceedings or Adverse Changes. The Borrowers will as soon as possible, and in any event within five (5) Business Days after any Borrower learns of the following, give written notice to the Agent of (i) any material proceeding(s) being instituted by or against any Borrower or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign), and (ii) any Material Adverse Change. Provision of such notice by the Borrowers will not constitute a waiver or excuse of any Default or Event of Default occurring as a result of such changes or events.
Proceedings or Adverse Changes. The Credit Parties will as soon as possible, and in any event within five (5) Business Days after any Credit Party learns of the following, give written notice to the Agent of any proceeding(s) being instituted or threatened to be instituted by or against any Credit Party or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) that, if adversely determined, could reasonably be expected to have a Material Adverse Effect. Provision of such notice by the Credit Parties will not constitute a waiver or excuse of any Default or Event of Default occurring as a result of such changes or events.
Proceedings or Adverse Changes. Borrower shall give TBCC written notice of any of the following, promptly, and in any event within five Business Days after Borrower becomes aware of any of the following: (i) any proceeding being instituted or threatened by or against it in any federal, state, local or foreign court or before any commission or other regulatory body involving a sum, together with the sum involved in all other similar proceedings, in excess of * in the aggregate, (ii) any order, judgment or decree being entered against Borrower or any of its properties or assets involving a sum, together with the sum of all other orders, judgments or decrees, in excess of * in the aggregate, and (iii) any actual or prospective change, development or event which has had or could reasonably be expected to have a Material Adverse Effect. *$75,000
Proceedings or Adverse Changes. The Borrowers will as soon as practicable, and in any event within thirty (30) Business Days after any Borrower learns of the following, give written notice to the Agent of (i) any proceeding(s) being instituted or threatened in writing to be instituted by or against any Borrower or any of its Subsidiaries in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) and (ii) any claims filed with respect to the Borrowers under PACA, which, in either case, has or could reasonably be expected to have a Material Adverse Effect. The Borrowers will as soon as possible, and in any event within five (5) Business Days after any Borrower learns of the following, give written notice to the Agent of any Material Adverse Change. Provision of any such notice by the Borrowers will not constitute a waiver or excuse of any Default or Event of Default occurring as a result of such changes or events.
Proceedings or Adverse Changes. Within five Business Days after a Borrower becomes aware of (A) any proceeding being instituted or threatened to be instituted by or against it or any Designated Affiliate in any federal, state, local or foreign court or before any commission or other regulatory body (federal, state, local or foreign) involving a sum not otherwise covered by insurance, together with the sum involved in all other similar proceedings, in excess of US$5,000,000 in the aggregate with respect to all the Borrowers and such Affiliates, (B) any order, judgment or decree involving a sum, together with the sum of all other orders, judgments or decrees, in excess of US$5,000,000 in the aggregate being entered against all the Borrowers and such Affiliates or any of their respective property or assets which could reasonably be expected to have a Material Adverse Effect, (C) any notice or correspondence issued to any Borrower or any Designated Affiliate by a Governmental Authority warning, threatening or advising of the commencement of any investigation involving such Borrower or any Designated Affiliate or any of its respective property or assets which could reasonably be expected to have a Material Adverse Effect, (D) any actual or prospective change, development or event which has had or could reasonably be expected to have a Material Adverse Effect, (E) a change in the location of any Collateral from the locations specified in Schedule 6.1(b) or other locations previously identified to the Agent where Collateral has been moved as permitted under Section 7.2(h) or (F) a proposed or actual change of any Borrower's name, identity or corporate structure, a written statement describing such proceeding, order, judgment, decree, change, development or event and any action being taken by the Borrowers with respect thereto.
