Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Credit Party that could be reasonably expected to result in damages or costs to a Credit Party of, individually or in the aggregate, $500,000 or more;
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Samples: Loan and Security Agreement (Ikanos Communications, Inc.), Loan and Security Agreement (Ikanos Communications, Inc.)
Legal Action Notice. A prompt report of any legal actions action pending or threatened in writing against any Credit Party that could be reasonably expected to result in damages or costs to a such Credit Party ofin an amount in excess of One Hundred Thousand Dollars ($100,000), individually individually, or Two Hundred and Fifty Thousand Dollars ($250,000), in the aggregate, $500,000 when aggregated with all pending or morethreatened legal actions against all Credit Parties;
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Samples: Loan and Security Agreement (Horizon Pharma, Inc.), Loan and Security Agreement (Horizon Pharma, Inc.)
Legal Action Notice. A (i) a prompt report of any legal actions pending or threatened in writing against any Credit Party that could would reasonably be reasonably expected to result in damages or costs to a the Credit Party Parties of, individually or in the aggregate, One Million Dollars ($500,000 1,000,000) or more, and (ii) a quarterly report of any legal actions pending or threatened in writing against any Credit Party that would reasonably be expected to result in damage or costs to the Credit Parties of Two Hundred Fifty Thousand Dollars ($250,000) or more;
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Legal Action Notice. A prompt report of any legal actions pending or threatened in writing against any Credit Party that could be reasonably expected to result in damages or costs to a the Credit Party Parties of, individually or in the aggregate, $500,000 or more;that could reasonably be expected have a Material Adverse Change; and
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