Examples of Adverse Proceeding in a sentence
Promptly upon any officer of Holdings or any Borrower obtaining knowledge of the institution of any material Adverse Proceeding not previously disclosed in writing by the Borrowers to the Lenders.
There shall not exist any Adverse Proceeding in respect of any Obligor (and the same shall have been certified by the Borrowers to the Administrative Agent in a certificate signed by an Authorized Officer of the Borrowers).
There shall not exist any Adverse Proceeding, individually or in the aggregate, that could reasonably be expected to result in a Material Adverse Effect.
In the event of any Adverse Proceeding, this Agreement may be filed as a written consent to a trial by the court.
There shall be no Adverse Proceeding in which any Credit Party or any Subsidiary is a party defendant which could reasonably be expected to have a Material Adverse Effect.