Common use of Adverse Matters Clause in Contracts

Adverse Matters. The Borrower will promptly notify the Lender in writing of (a) any condition, event or act that comes to its attention that is reasonably likely to have a Material Adverse Effect; or (b) the occurrence of any Default or Event of Default.

Appears in 3 contracts

Sources: Loan Agreement (Chesapeake Utilities Corp), Loan Agreement (Chesapeake Utilities Corp), Loan Agreement (Chesapeake Utilities Corp)