Common use of Default; Material Adverse Change Clause in Contracts

Default; Material Adverse Change. Promptly (and in any event with five (5) Business Days) of (i) the occurrence of any event or condition which has had or could reasonably be expected to have a Material Adverse Effect, (ii) the occurrence of any Event of Default hereunder, or (iii) the occurrence of any event which, if uncured, will become an Event of Default after notice or lapse of time (or both), in each case, specifying the nature thereof.

Default; Material Adverse Change. Promptly (and in any event with five (5) Business Days) of (i) the occurrence of any event or condition which has had or could reasonably be expected to have a Material Adverse Effect, (ii) the occurrence of any Event of Default hereunder, or (iii) the occurrence of any event which, if uncured, will become an Event of Default after notice or lapse of time (or both), in each case, specifying the nature thereof.