Notification to Lender. The Borrower shall promptly notify the Lender of (a) any Event of Default, (b) any Default, (c) any litigation or proceedings that are instituted or threatened (to the knowledge of the Borrower) against the Borrower, any Guarantor or any of their respective assets, (d) each and every default by the Borrower under any obligation for borrowed money which would permit the holder of such obligation to accelerate its maturity, including the names and addresses of the holders of such obligation and the amount thereof, (e) any change in the jurisdiction of formation or chief executive office of the Borrower or location of any of the Collateral from that listed in any of the Financing Agreements, in each case, describing the nature thereof and the action the Borrower or any Guarantor, as the case may be, proposes to take with respect thereto, and (f) Borrower shall give written notice to Lender immediately upon Borrower's receipt of any notice of, or Borrower's otherwise obtaining knowledge of, (i) the occurrence of any event involving the release, spill or discharge, threatened or actual, of any Hazardous Material or (ii) any investigation, proceeding, complaint, order, directive, claims, citation or notice with respect to: (A) any non-compliance with or violation of any Environmental Law by Borrower or (B) the release, spill or discharge, threatened or actual, of any Hazardous Material other than in the ordinary course of business and other than as permitted under any applicable Environmental Law.
Notification to Lender. Notify the Lender promptly in writing of (a) the occurrence of an Event of Default, (b) any litigation (whether pending, or pending or threatened if relating to the Collateral), investigation (whether by any Governmental Authority or any other Person) or audit or business development which could have a material adverse effect on the business, properties operation or financial condition of the Borrower, or (c) claims against any Properties of the Borrower.
Notification to Lender. Borrower or the closing agent handling the sale shall have notified Lender in writing of the requested release.
Notification to Lender. Promptly upon the occurrence of any Servicer Default (and, in any event, within two Business Days after the Servicer becomes aware thereof), the Servicer will give the Lender and TLFC written notice of such Servicer Default. The Lender will promptly give written notice of any termination or appointment of a Successor Servicer pursuant to this Article V to TLFC and Trans Leasing.
Notification to Lender. (a) Upon each adjustment to the Fixed Conversion Price pursuant to this Agreement, Borrower shall give written notice thereof to the Lender within ten days after the date of such adjustment, which notice shall set forth the calculation of the Fixed Conversion Price before and after such adjustment and the facts upon which such calculations are based.
Notification to Lender. The Grantor shall promptly notify the Lender of:
Notification to Lender. The Borrower shall promptly notify the Lender of (i) any Event of Default hereunder, (ii) any event, condition or act which with the giving of notice or the passage of time, or both, would constitute an Event of Default hereunder, (iii) any material litigation or proceedings that are instituted or threatened (to the knowledge of the Borrower) against the Borrower or any Subsidiary or any of their respective assets, and (iv) each and every default by the Borrower or any Subsidiary under any obligation for borrowed money which would permit the holder of such obligation to accelerate its maturity, including the names and addresses of the holders of such obligation and the amount thereof, in each case describing the nature thereof and the action the Borrower proposes to take with respect thereto.
Notification to Lender. Borrower shall immediately notify Lender in writing of: (a) the discovery of any concentration or amount of Hazardous Materials on or under the Property requiring notice to be given to any governmental entity or agency under Hazardous Materials Laws; (b) any knowledge by Borrower (after verification of the veracity of such knowledge to Borrower's reasonable satisfaction) that the Property does not comply with any Hazardous Materials Laws; (c) the receipt by Borrower of written notice of any Hazardous Materials claims; and (d) the discovery by Borrower of any occurrence or condition on the Property or on any real property located within 2,000 feet of the Property that could cause the Property or any part thereof to be designated as a "hazardous waste property" or as a "border zone property" under California Health and Safety Code Sections 25220, et seq., or regulations adopted therewith.
Notification to Lender. (a) Credit Parties and Guarantor shall notify Lender in writing immediately (i) of the occurrence of any Default or Event of Default, (ii) after becoming aware of any event or circumstance, including without limitation any pending or threatened action, suit or claim by any Person, any pending or threatened investigation by a Governmental Authority or any violation of any Applicable Law, that would be treated as a contingent liability of any Credit Party or Guarantor under GAAP and is in an amount in excess of $250,000 or which could reasonably be expected to result in a Material Adverse Effect, (iii) if any Credit Party’s or Guarantor’s board of directors, other governing boards or committees, members or partners authorizes the filing by such Credit Party or Guarantor of a petition in bankruptcy, (iv) of the acceleration of the maturity of any Debt owed by any Credit Party or of any default by any Credit Party under any indenture, mortgage, agreement, contract or other instrument to which such Credit Party is a party or by which any of its properties is bound and is in an amount in excess of $100,000, (v) of any claim under any Environmental Law or in respect of any Hazardous Materials of $100,000 or more, any notice of potential liability under any Environmental Laws which might exceed such amount, or any other material adverse claim asserted against any Credit Party or Guarantor or with respect to any Credit Party’s or Guarantor’s properties, and (vi) of any other development that results, or could reasonably be expected to result, in a Material Adverse Effect. Each notice given shall describe the subject matter thereof in reasonable detail and specify the action that Credit Parties and Guarantor have taken or propose to take with respect thereto.
Notification to Lender. The Borrower shall promptly notify the Lender of (i) any Event of Default, (ii) any Default, (iii) any litigation or proceedings that are instituted or threatened (to the knowledge of the Borrower) against the Borrower, any Guarantor or any of their respective assets, (iv) each and every default by the Borrower under any obligation for borrowed money which would permit the holder of such obligation to accelerate its maturity, including the names and addresses of the holders of such obligation and the amount thereof, and (v) any change in the jurisdiction of formation or chief executive office of the Borrower or location of any of the Collateral from that listed in any of the Financing Agreements, in each case, describing the nature thereof and the action the Borrower or any Guarantor, as the case may be, proposes to take with respect thereto.
