Notice of Default, Litigation, etc Sample Clauses

Notice of Default, Litigation, etc. The Borrower shall give prompt notice (with a description in reasonable detail sufficient to enable the Administrative Agent and its counsel to evaluate the nature of and period of existence thereof and of the actions which the Borrower has taken and proposes to take with respect thereto) to the Administrative Agent of:
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Notice of Default, Litigation, etc. (i) The Company shall furnish to the Trustee as soon as possible and in any event within five (5) Business Days after the discovery by any executive officer of the Company of any Default, a certificate setting forth the details of such Default, and the action which the Company proposes to take with respect thereto.
Notice of Default, Litigation, etc. Upon a Responsible Officer learning thereof, the Borrower will give prompt written notice (with a description in reasonable detail) to the Agent of:
Notice of Default, Litigation, etc. Upon a Responsible Party of the Company obtaining knowledge thereof, it will give written notice to the Administrative Agent and the Lenders (i) immediately, of the occurrence of an event or condition consisting of a Default, specifying the nature and existence thereof and what action the Company proposes to take with respect thereto, and (ii) promptly, but in any event within five Business Days, of the occurrence of any of the following with respect to the Company or any of its Subsidiaries: (A) the pendency or commencement of any litigation, arbitral or governmental proceeding against the Company or any of its Subsidiaries which is likely to have a Material Adverse Effect, (B) any levy of an attachment, execution or other process against its assets which is likely to have a Material Adverse Effect, (C) the occurrence of an event or condition which shall constitute a default or event of default under any other agreement for borrowed money in excess of $50,000,000 or (D) any development in its business or affairs which has resulted in, or which the Company reasonably believes is likely to result in, a Material Adverse Effect.
Notice of Default, Litigation, etc or Section 6.01(o) (Plan Collateral) and such failure is not cured within two (2) Business Days or (v) Section 6.02 (Negative Covenants) or Section 6.01(t) (Required Reserves on Certain Fund Investments) (which failures shall, for the avoidance of doubt, not contain any cure period).
Notice of Default, Litigation, etc. The Borrower shall give prompt notice (with a description in reasonable detail of the nature and period of existence thereof and of the actions which the Borrower has taken and proposes to take with respect thereto) to Xxxxx'x, S&P, the Insurer (so long as the Senior Facility Insurance Policy is in effect) and the Administrative Agent, who shall furnish a copy thereof to the Lenders, of:
Notice of Default, Litigation, etc. Upon the Borrower obtaining ---------------------------------- knowledge thereof, it will give written notice to the Agent (i) immediately, of the occurrence of an event or condition consisting of a Default, Event of Default or Project Contract Default, specifying the nature and existence thereof and what action the Borrower proposes to take with respect thereto, and (ii) promptly, but in any event within 5 Business Days, of the occurrence of any of the following with respect to the Borrower or any Project Party: (A) the pendency or commencement of any litigation, arbitral or governmental proceeding against such Person which is likely to have, or could have, a material Adverse Effect on the business, properties, assets, condition (financial or otherwise) or prospects of the Borrower or on the ability of the Borrower or the Pledgor to perform its obligations hereunder or under any of the other Loan Documents to which such Person is a party or any other Project Party to perform its obligations under any Project Contract to which it is a party (B) any levy of an attachment, execution or other process against its assets having a value of $1,000,000 or more, (C) the occurrence of an event or condition which shall constitute a default or event of default under any other agreement for borrowed money, (D) any development in the Borrower's business or affairs which has resulted in, or which the Borrower reasonable believes may result in, a Material Adverse Effect on the business properties, assets, condition (financial or otherwise) or prospects of the Borrower, (E) the institution of any proceedings against, or the receipt of notice of potential liability or responsibility for violation, or alleged violation of any federal, state or local law, rule or regulation, including but not limited to regulations promulgated under the Resource Conservation and Recovery Act of 1976, 42 U.S.C. "6901 et seq., regulating the generation, handling or disposal of any toxic or -- --- hazardous waste or substance or the release into the environment or storage of any toxic or hazardous waste or substance, the violation of which could or would likely have a Material Adverse Effect on the business, assets, properties condition (financial or otherwise) or prospects of the Borrower, (F) any notice or determination concerning the imposition of any withdrawal liability by a Multiemployer Plan on the Borrower or any of its ERISA Affiliates, the determination that a Multiemployer Plan is, or...
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Notice of Default, Litigation, etc. (i) Immediately upon the Borrower obtaining knowledge thereof, notice, by facsimile, cable or telex, of any event which constitutes an Incipient Default Event or Default Event, specifying the nature of such Incipient Default Event or Default Event and any steps the Borrower is taking to remedy the same; and (ii) promptly, and in any event within twenty (20) Business Days (or such shorter period as may be specified below) after an officer of the Borrower or the General Partner, as the case may be, obtains knowledge thereof:
Notice of Default, Litigation, etc. The Borrower will give prompt notice (but in no event later than ten days after any Responsible Officer of the Borrower has or should reasonably have obtained knowledge thereof) (with a description in reasonable detail of the nature and period of existence thereof and of the actions which the Borrower has taken and proposes to take with respect thereto) to the Administrative Agent and each Lender of:
Notice of Default, Litigation, etc. The Company will give prompt notice (but in no event later than ten days after any Responsible Officer of the Company has or should reasonably have obtained knowledge thereof) (with a description in reasonable detail of the nature and period of existence thereof and of the actions which the Company has taken and proposes to take with respect thereto) to the Agent for distribution to each Bank of:
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