Common use of Notice of Litigation Clause in Contracts

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 13 contracts

Samples: Credit Agreement (Ezcorp Inc), Credit Agreement (Ezcorp Inc), Loan Agreement (Spacehab Inc \Wa\)

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Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse EffectEvent;

Appears in 7 contracts

Samples: Credit Agreement (Century Communities, Inc.), Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (ProFrac Holding Corp.)

Notice of Litigation. Promptly after the commencement thereof, notice of the commencement of all actions, suits, and suits or proceedings before any Governmental Authority court, arbitrator, or arbitrator governmental department, commission, board, bureau, agency or instrumentality affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiarydetermined, could reasonably be expected to have a Material Adverse Effect;

Appears in 7 contracts

Samples: Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have be a Material Adverse EffectEvent;

Appears in 7 contracts

Samples: Credit Agreement (Bgsf, Inc.), Credit Agreement (Bgsf, Inc.), Credit Agreement (Bgsf, Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have result in a Material Adverse EffectEvent;

Appears in 5 contracts

Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse EffectEffect on the Borrower or such Subsidiary;

Appears in 4 contracts

Samples: Loan Agreement (Quest Resource Holding Corp), Loan Agreement (Quest Resource Holding Corp), Loan Agreement (Pizza Inn Holdings, Inc /Mo/)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, investigations (with respect to investigations only, of which the Borrower has actual knowledge) and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could which would reasonably be expected to have a Material Adverse Effect;

Appears in 4 contracts

Samples: Credit Agreement (Darling International Inc), Credit Agreement (Bank One Corp), Credit Agreement (Darling International Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the any Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the such Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Maxwell W Keith III), Credit Agreement and Guaranty (Via Renewables, Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Loan Agreement (Uici), Loan Agreement (Uici)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, investigations (with respect to investigations only, of which the Borrower has actual knowledge) and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, which could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (Blanch E W Holdings Inc), Security Agreement (Darling International Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the any Borrower or any Subsidiary which, if determined adversely to the any Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (Transcoastal Marine Services Inc), Credit Agreement (Transcoastal Marine Services Inc)

Notice of Litigation. Promptly after receipt by the Borrower or -------------------- any Subsidiary of notice of the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (Imperial Financial Group Inc), Credit Agreement (Imperial Financial Group Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the either Borrower or any Subsidiary which, if determined adversely to the either Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority Tribunal or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Loan Agreement (Penson Worldwide Inc), Loan Agreement (Penson Worldwide Inc)

Notice of Litigation. Promptly after the commencement thereof, notice -------------------- of all actions, suits, suits and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Subsidiaries in which there is a reasonable likelihood of an adverse determination, which, if determined adversely to the Borrower or any such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Earthwatch Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such SubsidiaryBorrower, could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business, condition (financial or otherwise), operations, prospects, or properties of the Borrower;

Appears in 1 contract

Samples: Loan Agreement (Advanced Environmental Recycling Technologies Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the any Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the such Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse EffectEvent;

Appears in 1 contract

Samples: Credit Agreement (Sunnova Energy International Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the Borrower or such Subsidiary, could be a Material Adverse Effect; and promptly after the entry of any judgment, award or order by any Governmental Authority or arbitrator against Borrower or any of its Subsidiaries that could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (TriState Capital Holdings, Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Subsidiaries which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;.

Appears in 1 contract

Samples: Term Loan Agreement (Pillowtex Corp)

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Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, suits and proceedings before any court or other Governmental Authority or arbitrator affecting the Borrower or any Subsidiary whichof its Subsidiaries that, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have result in a Material Adverse Effect;Event.

Appears in 1 contract

Samples: Credit Agreement (Guild Holdings Co)

Notice of Litigation. Promptly after receipt by the Borrower or any Subsidiary of notice of the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator (including, without limitation, proceedings related to enforcement of Environmental Laws) affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Firstmerit Corp /Oh/)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its Affiliates which, if determined adversely to the Borrower or such SubsidiaryAffiliate, could reasonably be expected to have a Material Adverse EffectEvent;

Appears in 1 contract

Samples: Credit Agreement

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Universal Power Group Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could would reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

Notice of Litigation. Promptly after receipt by the Borrower or any Subsidiary of notice of the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Oreilly Automotive Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, investigations and proceedings by or before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Dave & Busters Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary which, if determined adversely to the Borrower or such Subsidiary, could reasonably be expected to have a Material Adverse Averse Effect;

Appears in 1 contract

Samples: Credit Agreement (First Wave Marine Inc)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, suits and proceedings before any Governmental Authority court or arbitrator governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, affecting the Borrower Borrowers or any Subsidiary which, if determined adversely to the Borrower Borrowers or such Subsidiary, could would reasonably be expected anticipated to have a Material Adverse Effect;

Appears in 1 contract

Samples: Loan Agreement (Lynch Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the Borrower or any Subsidiary of its subsidiaries which, if determined adversely to the Borrower or such Subsidiarysubsidiary, could reasonably be expected to have cause a Material Adverse Effect;

Appears in 1 contract

Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator Authority, affecting the Borrower or any its Consolidated Subsidiary which, if determined adversely to the Borrower or such its Consolidated Subsidiary, could reasonably be expected to have result in a Material material Adverse Effect;Change.

Appears in 1 contract

Samples: Term Loan Agreement (Associated Business & Commerce Insurance Corp)

Notice of Litigation. Promptly after the commencement thereof, notice of all actions, suits, and proceedings before any Governmental Authority or arbitrator affecting the any Borrower or any Subsidiary which, if determined adversely to the Borrower or such SubsidiaryBorrower, could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the business, condition (financial or otherwise), operations, prospects, or properties of such Borrower;

Appears in 1 contract

Samples: Loan Agreement (Castle Energy Corp)

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