Common use of Notice of Litigation Clause in Contracts

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 13 contracts

Samples: Credit Agreement (First Watch Restaurant Group, Inc.), Credit Agreement (CCC Intelligent Solutions Holdings Inc.), Credit Agreement (Cava Group, Inc.)

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Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 11 contracts

Samples: Credit Agreement (ATI Physical Therapy, Inc.), Credit Agreement (ATI Physical Therapy, Inc.), Credit Agreement (First Watch Restaurant Group, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining actual knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 8 contracts

Samples: Term Loan Credit Agreement (Blackstone Mortgage Trust, Inc.), Term Loan Credit Agreement (Blackstone Mortgage Trust, Inc.), Term Loan Credit Agreement (Blackstone Mortgage Trust, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, of any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would reasonably be expected to have a Material Adverse Effect, written notice thereof from by the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 7 contracts

Samples: First Lien Credit Agreement (Isos Acquisition Corp.), First Lien Credit Agreement (Isos Acquisition Corp.), Fourth Amendment (Isos Acquisition Corp.)

Notice of Litigation. Promptly Reasonably promptly upon any Responsible Officer of the Borrower obtaining actual knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 5 contracts

Samples: Term Loan Credit Agreement (Claros Mortgage Trust, Inc.), Term Loan Credit Agreement (Claros Mortgage Trust, Inc.), Assignment and Assumption (Claros Mortgage Trust, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses clause (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 4 contracts

Samples: Fourth Amendment Agreement (PQ Group Holdings Inc.), Third Amendment Agreement (PQ Group Holdings Inc.), Patent Security Agreement (PQ Group Holdings Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower Representative obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower Representative to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses clause (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower Representative, together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 4 contracts

Samples: Credit Agreement (Knowlton Development Corp Inc), Security Agreement (Knowlton Development Corp Inc), Security Agreement (Knowlton Development Parent, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative AgentLenders, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses clause (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 4 contracts

Samples: Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Concrete Pumping Holdings, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the a Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the a Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses clause (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the such Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 3 contracts

Samples: Credit Agreement (Indivior PLC), Credit Agreement (Indivior PLC), Credit Agreement (Indivior PLC)

Notice of Litigation. Promptly upon any Responsible Officer of the a Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the a Borrower to the Administrative AgentLenders, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses clause (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower Borrowers together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 3 contracts

Samples: Credit Agreement (Concrete Pumping Holdings, Inc.), Credit Agreement (Concrete Pumping Holdings, Inc.), Credit Agreement (Concrete Pumping Holdings, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Administrative Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Administrative Borrower to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Administrative Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 3 contracts

Samples: Credit Agreement (Syneos Health, Inc.), Credit Agreement (Syneos Health, Inc.), Credit Agreement (INC Research Holdings, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower Loan Parties to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Post Holdings, Inc.), Intercreditor Agreement (Post Holdings, Inc.), Intercreditor Agreement (Post Holdings, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Leslie's, Inc.), Term Loan Credit Agreement (Leslie's, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the any Parent Company or any Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower Loan Parties to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 2 contracts

Samples: Credit Agreement (Orion S.A.), Credit Agreement (Orion Engineered Carbons S.A.)

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Notice of Litigation. Promptly upon any Responsible Officer of the any Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower Borrowers to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower Borrowers together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Pledge and Security Agreement (Nuvei Corp)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower Holdings obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower Holdings to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Term Loan Credit Agreement (Granite Point Mortgage Trust Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the any Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the such Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the such Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (iFit Health & Fitness Inc)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or written threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (View, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the a Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the a Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses clause (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the such Borrower together with such other non-non- privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (Indivior PLC)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from by the Borrower to the Lenders together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (Wanda Sports Group Co LTD)

Notice of Litigation. Promptly upon any Responsible Officer of the Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the Borrower to the Administrative Agent, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from by the Borrower to the Lenders together with such other non-privileged nonprivileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (Wanda Sports Group Co LTD)

Notice of Litigation. Promptly upon any Responsible Officer of the a Borrower obtaining knowledge of (i) the institution of, or threat of, any Adverse Proceeding not previously disclosed in writing by the a Borrower to the Administrative AgentLenders, or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (iclause β€Ž(i) or (iiβ€Ž(ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower Borrowers together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (Concrete Pumping Holdings, Inc.)

Notice of Litigation. Promptly upon any Responsible Officer of the any Parent Company or any Borrower obtaining knowledge of (i) the institution of, or threat in writing of, any Adverse Proceeding not previously disclosed in writing by the Borrower Loan Parties to the Administrative Agent, Agent or (ii) any material development in any Adverse Proceeding that, in the case of either of clauses (i) or (ii), would could reasonably be expected to have a Material Adverse Effect, written notice thereof from the Borrower together with such other non-privileged information as may be reasonably available to the Loan Parties to enable the Lenders to evaluate such matters;

Appears in 1 contract

Samples: Credit Agreement (Kleopatra Holdings 2 S.C.A.)

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