Common use of Notice of Litigation Clause in Contracts

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 8 contracts

Samples: Credit Agreement (Blair Corp), Credit Agreement (Vulcan Asphalt Refining Corp), Pledge Agreement (Internet Capital Group Inc)

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Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party or any of the Funds which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 25,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 7 contracts

Samples: Credit Agreement (Federated Hermes, Inc.), Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 15,000,000.00 or which if adversely determined would constitute a Material Adverse Change.

Appears in 5 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, that involve a claim or series of claims in excess of $1,000,000 which is not covered by insurance or which if adversely determined would could reasonably be expected to constitute a Material Adverse Change.

Appears in 4 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to any of the Collateral, involve a claim or series of claims in excess of $1,000,000 Pledged Collateral or which if adversely determined would reasonably be expected to constitute a Material Adverse ChangeEffect.

Appears in 4 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Rhino Resource Partners LP), Credit Agreement (Rhino Resource Partners LP), Credit Agreement (Rhino Resource Partners, L.P.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims in excess of Ten Million and 00/100 Dollars ($1,000,000 10,000,000.00) or which if adversely determined would constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute could be reasonably expected to result in a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (KPMG Consulting Inc), Credit Agreement (KPMG Consulting Inc), Credit Agreement (KPMG Consulting Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, that involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would could reasonably be expected to constitute a Material Adverse Change. 7.3.6.

Appears in 3 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any a Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 750,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (ExOne Co), Credit Agreement (ExOne Co), Credit Agreement (ExOne Co)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 2,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Super Test Petroleum Inc), Credit Agreement (Independent Gasoline & Oil Co of Rochester), Credit Agreement (Kwik Fil Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims claims, or which the Loan Party or Subsidiary reasonably determines would be, in excess of Twenty-Five Million and 00/100 Dollars ($1,000,000 25,000,000.00) or which if adversely determined would constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Big Lots Inc), Credit Agreement (Big Lots Inc), Credit Agreement (Big Lots Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims reasonably likely in the estimate of the Borrower to result in a liability in excess of $1,000,000 10,000,000 or which if adversely determined would could reasonably be expected to constitute a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Penn Virginia Resource Partners L P)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 40,000,000.00 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Glatfelter Corp), Fourth Restatement Agreement (Glatfelter Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 100,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Rent Way Inc), Credit Agreement (Rainbow Rentals Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims claims, or which the Loan Party or Subsidiary reasonably determines would be, in excess of Ten Million and 00/100 Dollars ($1,000,000 10,000,000.00) or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Big Lots Inc), Credit Agreement (Big Lots Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Primesource Corp), Credit Agreement (Primesource Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, that involve a claim or series of claims in excess of $1,000,000 10,000,000 which is not covered by insurance or which if adversely determined would could reasonably be expected to constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateralany assets of any Loan Party, involve a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Joinder and Assumption Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 500,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Elgin National Industries Inc), Credit Agreement (Orius Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 100,000 or which if adversely determined would constitute a Material Adverse ChangeChange with respect to any Loan Party or Subsidiary of any Loan Party.

Appears in 2 contracts

Samples: Credit Agreement (Suburban Lodges of America Inc), Credit Agreement (Suburban Lodges of America Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a an uninsured claim or series of related claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Key Energy Services Inc), Credit Agreement (Key Energy Services Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute have a Material Adverse ChangeEffect.

Appears in 2 contracts

Samples: Credit Agreement (Roundys Inc), Credit Agreement (Roundys Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 15,000,000.00 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party or which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute a which, individually or in the aggregate, could reasonably be expected to result in any Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve involving a claim or series of claims in excess of $1,000,000 2,500,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Novacare Inc), Credit Agreement (Novacare Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Resource Partners L P)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 250,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Linc Net Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims outstanding for more than thirty (30) days or in excess of $1,000,000 250,000 in the aggregate or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Audio Communications Network Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which which, if determined adversely determined to any Loan Party would constitute a reasonably be expected, individually or in the aggregate, to result in any Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Freemarkets Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the CollateralParty, involve a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute could reasonably be expected to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Brady Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute a Material Adverse ChangeChange or Healthcare Event.

Appears in 1 contract

Samples: Credit Agreement (Res Care Inc /Ky/)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims estimated to be in excess of $1,000,000 50,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

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Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Phymatrix Corp)

Notice of Litigation. Promptly after the commencement thereof, ; notice of all actions, suitssuits or proceedings, proceedings or investigations and promptly after any Loan Party becomes aware thereof, notice of any investigations, before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate involve a claim to the Collateral, Collateral worth $100,000 or more or involve a claim or series of claims in excess of $1,000,000 5,000,000 in the aggregate or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Lone Star Technologies Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings proceedings, or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the CollateralParty, involve involving a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Ptek Holdings Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any (that would reasonably be expected to result in a liability against such Loan Party Party), which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Collateral Trust Agreement (Consol Energy Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 any pledged collateral or which if adversely determined would reasonably be expected to constitute a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Covance Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any (that would reasonably be expected to result in a liability against such Loan Party Party), which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 40,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Security Agreement (Consol Energy Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Internet Capital Group Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateralany Person and, involve a claim or series of claims in excess of $1,000,000 500,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Churchill Downs Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the CollateralParty, involve a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Viasys Healthcare Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 40,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Glatfelter Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 5,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Roundys Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series 73 84 of claims in excess of $1,000,000 or which if adversely determined would constitute could reasonably be expected to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Brady Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateralany assets of any Loan Party, involve a claim or series of claims in excess of $1,000,000 500,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 100,000 (not covered by insurance) or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Standard Automotive Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 or which if adversely determined would constitute a Material Adverse Change.. -72- 81

Appears in 1 contract

Samples: Credit Agreement (Corrpro Companies Inc /Oh/)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 3,000,000 or which if adversely determined would constitute could reasonably be expected to cause a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Chase Industries Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, that involve a claim or series of claims in excess of $1,000,000 which is not covered by insurance or which if adversely determined would could reasonably be expected to constitute a Material Adverse Change. 7.3.6.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party Party, which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Champion Enterprises Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of $1,000,000 500,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Revolving Credit Agreement (Tb Woods Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any (that would reasonably be expected to result in a liability against such Loan Party which relate to the CollateralParty), involve involving a claim or series of claims in excess of $1,000,000 10,000,000 or which if adversely determined would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Consol Energy Inc)

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