Common use of Notice of Default or Litigation Clause in Contracts

Notice of Default or Litigation. Promptly after an Authorized Officer of the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of (i) the occurrence of any event that constitutes a Default or Event of Default, which notice shall specify the nature thereof, the period of existence thereof and what action the Borrower proposes to take with respect thereto and (ii) any litigation or governmental proceeding pending or threatened against the Borrower or any of its Subsidiaries that could reasonably be expected to result in a Material Adverse Effect, together with a certificate of the Chief Financial Officer of the Borrower (in detail reasonably satisfactory to the Administrative Agent) setting forth the calculations required to establish whether the Borrower and its Subsidiaries are in pro forma compliance with Section 9.4 of this Agreement.

Notice of Default or Litigation. Promptly after an Authorized Officer of the Borrower or any of its the Restricted Subsidiaries obtains knowledge thereof, notice of (i) the occurrence of any event that constitutes a Default or Event of Default, which notice shall specify the nature thereof, the period of existence thereof and what action the Borrower proposes to take with respect thereto thereto, (ii) any notice of default provided to the First Lien Lenders with respect to the First Lien Credit Agreement that is not otherwise required to be provided to the Administrative Agent or Lenders under this Agreement or any other Credit Document and (iiiii) any litigation or governmental proceeding pending or threatened against the Borrower or any of its the Restricted Subsidiaries that could would reasonably be expected to be determined adversely and, if so determined, to result in a Material Adverse Effect, together with a certificate of the Chief Financial Officer of the Borrower (in detail reasonably satisfactory to the Administrative Agent) setting forth the calculations required to establish whether the Borrower and its Subsidiaries are in pro forma compliance with Section 9.4 of this Agreement.

Notice of Default or Litigation. Promptly after an Authorized Officer of the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of (i) the occurrence of any event that constitutes a Default or Event of Default, which notice shall specify the nature thereof, the period of existence thereof and what action the Borrower proposes to take with respect thereto and (ii) any litigation or governmental proceeding pending or threatened against the Borrower or any of its Subsidiaries that could reasonably be expected to result in a Material Adverse Effect, together with a certificate of the Chief Financial Officer of the Borrower (in detail reasonably satisfactory to the Administrative Agent) setting forth the calculations required to establish whether the Borrower and its Subsidiaries are in pro forma compliance with Section 9.4 8.4 of this Agreement.

Notice of Default or Litigation. Promptly after an Authorized Officer of the Borrower or any of its Subsidiaries obtains knowledge thereof, notice of (i) the occurrence of any event that constitutes a Default or Event of Default, which notice shall specify the nature thereof, the period of existence thereof and what action the Borrower proposes to take with respect thereto and (ii) any litigation or governmental proceeding pending or threatened against the Borrower or any of its Subsidiaries that could reasonably be expected to result in a Material Adverse Effect, together with a certificate of the Chief Financial Officer of the Borrower (in detail reasonably satisfactory to the Administrative Agent) setting forth the calculations required to establish whether the Borrower and its Subsidiaries are in pro forma compliance with Section 9.4 9.3 of this Agreement.

Notice of Default or Litigation. Promptly after an Authorized Officer of the such Borrower or any of its Subsidiaries obtains knowledge thereof, notice of (i) the occurrence of any event that constitutes a Default or Event of DefaultDefault with respect to such Borrower, which notice shall specify the nature thereof, the period of existence thereof and what action the such Borrower proposes to take with respect thereto and (ii) any litigation or governmental proceeding pending or threatened against the such Borrower or any of its Subsidiaries that could reasonably be expected to result in a Material Adverse Effect, together with a certificate of the Chief Financial Officer of the such Borrower (in detail reasonably satisfactory to the Administrative Agent) setting forth the calculations required to establish whether the such Borrower and its Subsidiaries are in pro forma compliance with Section 9.4 of this Agreement.