Common use of Disclosure Updates Clause in Contracts

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 47 contracts

Samples: Term Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Unified Grocers, Inc.), Loan and Security Agreement (Alpine Group Inc /De/)

AutoNDA by SimpleDocs

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 17 contracts

Samples: Loan and Security Agreement (Synalloy Corp), Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Old Evangeline Downs Capital Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (ai) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 7 contracts

Samples: Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining actual knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 6 contracts

Samples: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc)

Disclosure Updates. Promptly and in no event later than 5 10 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 4 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Metalico Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgementacknowledgment, filing, or recordation thereof.

Appears in 4 contracts

Samples: Loan and Security Agreement (Hudson Highland Group Inc), Loan and Security Agreement (Hudson Highland Group Inc), Loan and Security Agreement (Communications & Power Industries Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgementacknowledgment, filing, or recordation thereof.

Appears in 4 contracts

Samples: Loan and Security Agreement (Epicor Software Corp), Loan and Security Agreement (Cray Inc), Loan and Security Agreement (Qad Inc)

Disclosure Updates. Promptly and in no event later than 5 five (5) Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (RMH Teleservices Inc), Credit Agreement (Piccadilly Cafeterias Inc), Loan and Security Agreement (Equifin Inc)

Disclosure Updates. Promptly and in no event later than 5 Business ------------------ Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Friede Goldman Halter Inc), Loan and Security Agreement (Hologic Inc)

Disclosure Updates. Promptly and in no event later than 5 five (5) Business Days after obtaining knowledge thereof, (ai) notify Administrative Agent if any written information, exhibit, or report furnished to Administrative Agent or the Lender Group contained when made any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any material defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 3 contracts

Samples: Loan Agreement (Miller Energy Resources, Inc.), Loan Agreement (Miller Energy Resources, Inc.), Loan Agreement (Miller Energy Resources, Inc.)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the facts and circumstances in which such statement was made or known by any Borrower to exist at the time such statement was made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgementacknowledgment, filing, or recordation thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silicon Graphics Inc /Ca/), Loan and Security Agreement (Silicon Graphics Inc /Ca/)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (ai) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered 54 therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Network Plus Corp), Loan and Security Agreement (Network Plus Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any material defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Frontstep Inc), Loan and Security Agreement (Dairy Mart Convenience Stores Inc)

Disclosure Updates. Promptly and in no event later than 5 Business ------------------ Days after obtaining knowledge thereof, (ai) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (System Software Associates Inc), Loan and Security Agreement (System Software Associates Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the facts and circumstances in which such statement was made or known by any Borrower or any Subsidiary of a Borrower to exist at the time such statement was made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 2 contracts

Samples: Credit Agreement (Emrise CORP), Credit Agreement (Silicon Graphics Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (ai) notify Agent Lender if any written information, exhibit, or report exhibits and reports furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact or any fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, ; and (bii) correct any defect or error that may be discovered therein or in any Loan Transaction Document or in the execution, acknowledgement, filing, filing or recordation thereof.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

Disclosure Updates. Promptly and in no event later than 5 Business ------------------ Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Microstrategy Inc), Loan and Security Agreement (Microstrategy Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, exhibit or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, made and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, filing or recordation thereof.

Appears in 2 contracts

Samples: Loan Agreement (Abraxas Petroleum Corp), Loan Agreement (Abraxas Petroleum Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (ai) notify the Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Corrections Corp of America/Md)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to Agent or the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Credit Agreement (Energy Corp of America)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent the Lender if any written information, exhibit, or report furnished furnished, or any representation or warranty made by the Borrower, to the Lender Group is or becomes untrue in any respect, contained any untrue statement of a material fact fact, or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Quest Minerals & Mining Corp)

Disclosure Updates. Promptly and in no event later than 5 five Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained when made any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in the filing or recordation of any Loan Document to which a Borrower or in the execution, acknowledgement, filing, or recordation thereofMaterial Subsidiary is a party.

Appears in 1 contract

Samples: Loan and Security Agreement (Kroll Inc)

Disclosure Updates. Promptly and in no event later than 5 five Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any material defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Jalou Cashs LLC)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining an Authorized Person obtains actual knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan Agreement (Arg Property Management Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (World Airways Inc /De/)

Disclosure Updates. Promptly and in no event later than 5 7 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Northland Cranberries Inc /Wi/)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (ai) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any material defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Sholodge Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Collateral Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Cutter & Buck Inc)

AutoNDA by SimpleDocs

Disclosure Updates. Promptly and in no event later than 5 3 Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Bidz.com, Inc.)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct correct, by notice to the Agent, any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Party City Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Subsidiary Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan Agreement (Futurelink Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained when made any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Special Devices Inc /De)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group pursuant to Section 6.3 of this Agreement (or any Compliance Certificate delivered in connection therewith) contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereoftherein.

Appears in 1 contract

Samples: Loan and Security Agreement (Hypercom Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Post-Petition Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement and Guaranty (Archibald Candy Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (ai) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.. 6.21

Appears in 1 contract

Samples: Loan and Security Agreement (CTC Communications Corp)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the facts and circumstances in which such statement was made or known by any Borrower to exist at the time such statement was made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Credit Agreement (Silicon Graphics Inc)

Disclosure Updates. Promptly and in no event later than 5 five ------------------ Business Days after obtaining knowledge thereof, (ai) notify Administrative Agent and the Lenders if any written information, exhibit, or report exhibits and reports furnished to Administrative Agent or the Lender Group Lenders contained any untrue statement of a material fact or omitted to state any material fact or any fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, ; and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, filing or recordation thereof.

Appears in 1 contract

Samples: Credit Agreement (Grancare Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Transaction Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Foster Wheeler LTD)

Disclosure Updates. Promptly Promptly, and in no event later than 5 Business Days Days, after obtaining knowledge thereof, (a) notify Agent Lender if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Cascade Corp)

Disclosure Updates. Promptly and in no event later than 5 Business ------------------ Days after obtaining knowledge thereof, (a) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (DSG International LTD)

Disclosure Updates. Promptly and in no event later than 5 five (5) Business Days after obtaining knowledge thereof, (a) notify Agent the Agents if any written information, exhibit, or report furnished to the Lender Group contained contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the facts and circumstances in which such statement was made or known by any Borrower or any Subsidiary of a Borrower to exist at the time such statement was made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Silicon Graphics Inc)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent if any written information, schedule, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Home & Garden Inc)

Disclosure Updates. Promptly and in no event later than 5 ------------------ Business Days after obtaining knowledge thereof, (ai) notify Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgementacknowledgment, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan Agreement (CTC Communications Corp)

Disclosure Updates. Promptly and in no event later than 5 three (3) Business Days after obtaining knowledge thereof, (a) notify each Agent if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Northland Cranberries Inc /Wi/)

Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, (a) notify Agent and the Specified Appointee if any written information, exhibit, or report furnished to the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (b) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Abraxas Petroleum Corp)

Disclosure Updates. Promptly and in no event later than 5 five (5) Business Days after obtaining knowledge thereof, (ai) notify Administrative Agent if any written information, exhibit, or report furnished to Administrative Agent or the Lender Group contained any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in light of the circumstances in which made, and (bii) correct any defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement, filing, or recordation thereof.

Appears in 1 contract

Samples: Loan Agreement (Ram Energy Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.