Common use of Material Litigation Clause in Contracts

Material Litigation. The Borrower shall promptly give written notice to the Lender of any litigation, proceeding or dispute affecting it or any of the other Obligors if the result might, in such Borrower’s bona fide opinion, have a material adverse effect on the financial condition or operations of any of the Obligors or any of its Subsidiaries and from time to time furnish to the Lender all reasonable information requested by the Lender concerning the status of any such litigation, proceeding or dispute.

Material Litigation. The Borrower shall promptly give written notice to the Lender of any litigation, proceeding or dispute affecting it the Borrower or any of the other Obligors its Subsidiaries if the result might, in such the Borrower’s 's bona fide opinion, have a material adverse effect Material Adverse Effect on the financial condition or operations of any of the Obligors Borrower or any of its Subsidiaries and from time to time furnish to the Lender all reasonable information requested by the Lender concerning the status of any such litigation, proceeding or dispute.

Material Litigation. The Borrower shall promptly give written notice to the Lender of any litigation, proceeding or dispute affecting it or any of the other Obligors if the result might, in such Borrower’s bona fide opinion, have a material adverse effect Material Adverse Effect on the financial condition or operations of any of the Obligors or any of its Subsidiaries and from time to time furnish to the Lender all reasonable information requested by the Lender concerning the status of any such litigation, proceeding or dispute.