Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 6 contracts
Samples: Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Credit and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 6 contracts
Samples: Credit and Guaranty Agreement (Bell Powersports, Inc.), Credit and Guaranty Agreement (Day International Group Inc), Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(k)), and an explanation of any actions being taken with respect thereto;
Appears in 5 contracts
Samples: Credit and Guaranty Agreement (Bz Intermediate Holdings LLC), Credit and Guaranty Agreement (Boise Inc.), Credit and Guaranty Agreement (Boise Inc.)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Borrower or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Borrower or such Subsidiary, as the case may be, or (ii) after any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Borrower or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Movie Gallery Inc), First Lien Credit and Guaranty Agreement (Movie Gallery Inc), Credit and Guaranty Agreement (Movie Gallery Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (American Reprographics CO), Credit and Guaranty Agreement (American Reprographics CO), Credit and Guaranty Agreement (American Reprographics CO)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Borrower or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Borrower or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Borrower or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(k)), and an explanation of any actions being taken with respect thereto;
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Movie Gallery Inc), Credit and Guaranty Agreement (Movie Gallery Inc), Credit and Guaranty Agreement (3com Corp)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse could result in a Material Adverse Effect to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 3 contracts
Samples: First Lien Credit and Guaranty Agreement (X Rite Inc), Security Agreement (X Rite Inc), Security Agreement (X Rite Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, to be delivered only to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect theretothereto to be delivered to Administrative Agent and Lenders;
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (Amscan Holdings Inc), Credit and Guaranty Agreement (Amscan Holdings Inc), Credit and Guaranty Agreement (Amscan Holdings Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Primo Water Corp), Credit and Guaranty Agreement (Vca Antech Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) after any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Stanadyne Corp), Credit and Guaranty Agreement (Stanadyne Corp)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse could reasonably be expected to Company or such Subsidiary, as the case may be, have a Material Adverse Effect or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (DynCorp International Inc), Credit and Guaranty Agreement (Services International LLC)
Notice Regarding Material Contracts. Promptly, and in any event ----------------------------------- within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated prior to its scheduled term or amended in a manner that is materially adverse could reasonably be expected to Company or such Subsidiary, as the case may behave a Material Adverse Effect, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and and, in the case of clause (i), an explanation of any actions being taken with respect thereto;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Focal Communications Corp), Credit and Guaranty Agreement (Focal Communications Corp)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, ; provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.01(l)), and an explanation of any actions being taken with respect thereto;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Prommis Solutions Holding Corp.), Credit and Guaranty Agreement (Prommis Solutions Holding Corp.)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Ipc Acquisition Corp), Credit and Guaranty Agreement (Navisite Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Restricted Subsidiaries is terminated or amended in a manner that is materially adverse could reasonably be expected to Company or such Subsidiary, as the case may behave a Material Adverse Effect, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Restricted Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Belden & Blake Corp /Oh/)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Subsidiaries Credit Party is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(1)), and an explanation of any actions being taken with respect theretoto clause (i);
Appears in 1 contract
Samples: First Lien Credit and Guaranty Agreement (Telvent Git S A)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company or any of its the Guarantor Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its the applicable Guarantor Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Mariner Health Care Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company or any of its Subsidiaries is entered into, terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such eventevent (including, with respect to any such termination or amendment, an explanation of any actions being taken with respect thereto), with copies of any such Material Contracts or material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(j)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Mortons Restaurant Group Inc)
Notice Regarding Material Contracts. Promptly, and in any ----------------------------------- event within ten (10) Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Ipc Acquisition Corp)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated prior to its scheduled term or amended in a manner that is materially adverse could reasonably be expected to Company or such Subsidiary, as the case may behave a Material Adverse Effect, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, providedPROVIDED, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and and, in the case of clause (i), an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Focal Communications Corp)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(m)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings 76 or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Day International Group Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, that no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding the compliance with this Section 5.1(l5.1(m)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days thirty days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its SECOND LIEN CREDIT AGREEMENT EXECUTION 56 applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(k)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Carmike Cinemas Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, ; provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(1)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1 (1)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Veterinary Centers of America Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company the Borrower or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company the Borrower or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company the Borrower or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Kv Pharmaceutical Co /De/)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, ; provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(m)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days thirty days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(k)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Carmike Cinemas Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) Days, after any Material Contract of Company Holdings or any of its Subsidiaries is terminated terminated, expired or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, be a written statement describing such event, with copies of such material amendments or new contractsamendments, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, provided no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(k)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, ; provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of the Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to the Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by the Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;; CREDIT AND GUARANTY AGREEMENT EXECUTION 116
Appears in 1 contract
Samples: Credit and Guaranty Agreement (International Steel Group Inc)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, providedPROVIDED, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse could result in a Material Adverse Effect to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company AcquisitionCo or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company AcquisitionCo or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company AcquisitionCo or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;; 108
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Easton-Bell Sports, Inc.)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, ; provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Subsidiaries Guarantor is terminated or amended in a manner that is materially adverse to Company or such SubsidiaryGuarantor, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary Guarantor with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Notice Regarding Material Contracts. Promptly, and in any event within ten Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Belden & Blake Corp /Oh/)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided; PROVIDED, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;
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Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent the Requisite Lenders (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, ; provided, no such prohibition on delivery shall be effective if it were bargained for by Company Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.01(l)), and an explanation of any actions being taken with respect thereto;
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Samples: Purchase Agreement (Prommis Solutions Holding Corp.)
Notice Regarding Material Contracts. Promptly, and in any event within ten (10) Business Days (i) after any Material Contract of Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Company or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent the Lenders (to the extent such delivery is permitted by the terms of the applicable any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Company or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l5.1(h)), and an explanation of any actions being taken with respect thereto;
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