Common use of Material Adverse Developments Clause in Contracts

Material Adverse Developments. Borrower agrees that immediately upon obtaining knowledge of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) which would reasonably be expected to have a Material Adverse Effect it shall give to Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Borrower agrees that immediately upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) nature which would reasonably be expected to have a Material Adverse Effect it shall give to Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Borrower agrees that immediately upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) nature which would reasonably be expected to have a Material Adverse Effect it shall give to Lender Agent telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender Agent on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Each Borrower agrees that immediately upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) nature which would reasonably be expected to have a Material Adverse Effect it shall give to Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Each Borrower agrees that ----------------------------- immediately upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) nature which would reasonably be expected to have a Material Adverse Effect materially and adversely affect its businesses, financial condition, Property, prospects or its ability to perform under this Agreement, it shall give to Lender telephonic or telegraphic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or on the next Business Day thereafter.

Material Adverse Developments. Each Borrower agrees that immediately upon obtaining knowledge of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) which would reasonably be expected to have a Material Adverse Effect it shall give to Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Borrower agrees that immediately upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) , which would reasonably be expected to have a Material Adverse Effect Effect, it shall give to Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Borrower agrees that immediately promptly upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and and, excluding matters of a general economic, financial or political nature) nature which would reasonably be expected to have a Material Adverse Effect it shall give to Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender on the same day such verbal communication is made or the next Business Day thereafter.

Material Adverse Developments. Each Borrower agrees that immediately upon obtaining knowledge becoming aware of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) nature which would reasonably be expected to have a Material Adverse Effect it Effect, such Borrower shall give to Lender Agent telephonic or telegraphic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Lender Agent on the same day such verbal communication is made or on the next Business Day business day thereafter.

Material Adverse Developments. Borrower agrees that immediately upon obtaining knowledge of any development or other information outside the ordinary course of business (and excluding matters of a general economic, financial or political nature) which would reasonably be expected to have a Material Adverse Effect it shall give to Administrative Agent and each Lender telephonic notice specifying the nature of such development or information and such anticipated effect. In addition, such verbal communication shall be confirmed by written notice thereof to Administrative Agent and each Lender on the same day such verbal communication is made or the next Business Day thereafter.. 6.14