Notification of Material Adverse Change. The Borrower will promptly notify the Lender of any material event or adverse change in the condition (financial or otherwise) of the Borrower and of any litigation or proceedings being threatened or initiated against the Borrower or the Guarantors before any court tribunal or administrative agency, which might materially affect the operations or financial condition of the Borrower or the Guarantors (as the case may be) all such notifications to be given to the Lender not later than seven (7) days after the Borrower has knowledge of the said change or of the said litigation or proceedings or threat thereof and the amount of contingent liability if such amount is ascertainable;
Notification of Material Adverse Change. Borrower shall notify Lender within five business days after there occurs or arises any circumstance or event which might reasonably be expected to constitute or cause either a material adverse change in its financial or business condition or a material diminution in the value of its tangible or intangible property.
Notification of Material Adverse Change. Immediately upon acquiring knowledge of any material adverse change in its assets, liabilities, financial condition, business, operations, affairs or circumstances, notify Agent in writing thereof, setting forth the nature of such change in reasonable detail and will take or cause to be taken all such steps as are necessary or appropriate to remedy promptly any such change.
Notification of Material Adverse Change. The Mortgagor and the Borrower will promptly notify the Lender of any material event or adverse change in the condition (financial or otherwise) of the Mortgagor and/or the Borrower and of any litigation or proceedings being threatened or initiated against the Mortgagor and/or the Borrower before any court tribunal or administrative agency, which might materially affect the operations or financial condition of the Mortgagor and/or the Borrower (as the case may be) all such notifications to be given to the Lender not later than seven (7) days after the Mortgagor and/or the Borrower has knowledge of the said change or of the said litigation or proceedings or threat thereof and the amount of contingent liability if such amount is ascertainable;
Notification of Material Adverse Change. Promptly notify the Bank in writing of (a) any material adverse changes in the business prospects or financial condition of the Borrower or any of the Guarantors; and (b) any accounting rule change that would have a material adverse effect on the business or financial condition of the Borrower.
Notification of Material Adverse Change. The Borrowers will notify the Agent of any occurrence, condition or event affecting any of the Borrower or any Subsidiary which might constitute a material adverse change in or which might have a material adverse effect on the Collateral, the Business or the business, properties or condition (financial or otherwise) of any of the Borrowers.
Notification of Material Adverse Change notify the Borrower Security Trustee of any change in the financial condition, assets or prospects of the Borrowers which would reasonably be expected to have a Material Adverse Effect;
Notification of Material Adverse Change. The Mortgagor and the Borrower will promptly notify the Lender of any material event or adverse change in the condition (financial or otherwise) of the Mortgagor and/or the Borrower and of any litigation or proceedings being threatened or initiated against the Mortgagor and/or the Borrower before any court tribunal or administrative agency, which might materially affect the financial condition of the Mortgagor and/or the Borrower (as case may be) all such notifications to be given to the Lender not later than seven (7) days after the Mortgagor and/or the Borrower has knowledge of the said change or of the said litigation or proceedings or threat thereof and the amount of contingent liability if such amount is ascertainable;
Notification of Material Adverse Change. The Borrower shall promptly notify the Agent of any occurrence, condition or event affecting the Borrower or any of its Subsidiaries which could reasonably be expected to constitute a material adverse change in or which could reasonably be expected to have a material adverse effect on the prospects, business, properties or condition (financial or otherwise) of the Borrower or of the Borrower and its Subsidiaries, taken as a whole.
Notification of Material Adverse Change. To notify the Buyer promptly of any change having a Material Adverse Effect on the financial condition of the Company and each of its Subsidiaries or in the operations, business, prospects, properties, assets or Liabilities of the Company on a consolidated basis from that of the Company set forth in the Financial Statements dated December 31, 1997.
