Common use of Deliver Notice Clause in Contracts

Deliver Notice. Promptly upon learning of any of the following, deliver written notice thereof to the Director, describing the same and the steps being taken by the Company with respect thereto: (i) the occurrence of an Event of Default or an event or circumstance which would constitute an Event of Default, but for the requirement that notice be given or time elapse or both; or (ii) any action, suit or proceeding by or against the Company at law or in equity, or before any governmental instrumentality or agency, instituted or to the knowledge of the Company threatened which, if adversely determined, would materially impair the right or ability of the Company to carry on the business which is contemplated in connection with the Project or would materially impair the right or ability of the Company to perform the transactions contemplated by the Loan Documents or Senior Note Documents, or would materially and adversely affect the Company's business, operations, properties, assets or condition; or (iii) the occurrence of a Reportable Event, as defined in ERISA, under, or the institution of steps by the Company to withdraw from, or the institution of any steps to terminate, any Plan, as defined in Section 4.2(d) hereof, as to which the Company may have liability; or (iv) any material communication affecting the Project, the Project Site or the Senior Note Documents, and the Company will promptly respond fully to any inquiry of the Director made with respect thereto.

Deliver Notice. Promptly Forthwith upon learning of any of the following, deliver written notice thereof to the Director, describing the same and the steps being taken by the Company Borrower with respect thereto: (i) the The occurrence of an Event of Default or an event or circumstance which would constitute an Event of Default, but for the requirement that notice be given given, elapse of time or time elapse or bothotherwise; or (ii) any Any action, suit or proceeding by it or against the Company it at law or in equity, or before any governmental instrumentality or agencyGovernmental Authority, instituted or or, to the knowledge of the Company Borrower’s knowledge, threatened which, if adversely determined, would materially impair the right or ability of the Company Borrower to carry on the business which is contemplated in connection with the Project or would materially impair the right or ability of the Company Borrower to perform the transactions contemplated by the Loan Documents or Senior Note Documents, or would materially and adversely affect the Company's its business, operations, properties, assets or condition; or (iii) the The occurrence of a Reportable Event, as defined in ERISA, Event under, or the institution of steps by the Company Borrower to withdraw from, or the institution of any steps to terminate, any Plan, as defined in Section 4.2(d) hereof, Plan as to which the Company Borrower may have liability; or (iv) any Any material communication affecting the Project, the Project Site or the Senior Note Documentsin a materially adverse manner, and the Company Borrower will promptly respond fully to any inquiry of the Director made with respect thereto.