Common use of Notice of Default; Litigation Clause in Contracts

Notice of Default; Litigation. Promptly upon becoming aware of any of the following, written notice describing the same and the steps being taken by Borrower or the applicable Loan Party affected thereby with respect thereto:

Appears in 13 contracts

Samples: Credit Agreement (Biolase, Inc), Credit Agreement (Biolase, Inc), Credit Agreement (Biolase, Inc)

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Notice of Default; Litigation. Promptly upon becoming aware of any of the following, written notice describing the same and summarizing the steps being taken by Borrower or the applicable Loan Party affected thereby with respect thereto:

Appears in 4 contracts

Samples: Credit Agreement (Acer Therapeutics Inc.), Credit Agreement (Acer Therapeutics Inc.), Credit Agreement (Acer Therapeutics Inc.)

Notice of Default; Litigation. Promptly upon becoming aware of any of the following, written notice describing the same and the steps being taken by Borrower or the applicable Loan Party affected thereby with respect thereto:: [Xxxxxx Xxxxxx] Amended and Restated Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Hooper Holmes Inc)

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Notice of Default; Litigation. Promptly upon any Responsible Officer of Borrower becoming aware of any of the following, written notice describing the same and the steps being taken by Borrower or the applicable Loan Party affected thereby with respect thereto:

Appears in 1 contract

Samples: Credit Agreement (pSivida Corp.)

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