Common use of Notify Lender Clause in Contracts

Notify Lender. Borrower shall promptly, and in any event within three (3) Business Days of determining of any of the following, inform Lender (a) if any one or more of the representations and warranties made by Borrower in this Agreement or in any document related hereto shall no longer be entirely true, accurate and complete in any material respect, (b) of any Equipment which is not in good order and repair, and in running and marketable condition, ordinary wear and tear excepted, or of any Equipment that is removed or missing from Borrower’s Premises; (d) of all material adverse information relating to the financial condition of Borrower; (e) of any material return of goods; (f) of any loss, damage or destruction of any of the Collateral, and (g) the occurrence of an Event of Default or a Material Adverse Effect.

Notify Lender. Borrower shall promptly, and in any event within three (3) Business Days of determining of any of the followingDays, inform Lender (a) if any one or more of the representations and warranties made by Borrower in this Agreement or in any document related hereto shall no longer be entirely true, accurate and complete in any material respect, (b) of any Equipment which is not in good order and repairevent or circumstance that, and in running and marketable conditionto its knowledge, ordinary wear and tear excepted, would cause Lender to consider any then existing Inventory as no longer constituting Eligible Inventory or of to consider any Equipment that is removed or missing from Borrower’s Premisesthen Eligible Receivables as no longer constituting Eligible Receivables; (dc) of all material adverse information relating to the financial condition of Borrower; (ed) of any material return of goods; and (fe) of any loss, damage or destruction of any of the Collateral, and (g) the occurrence of an Event of Default or a Material Adverse Effect.

Notify Lender. Borrower shall promptly, and in any event within three (3) Business Days of determining of any of the following, inform Lender (a) if any one or more of the representations and warranties made by Borrower in this Agreement or in any document related hereto shall no longer be entirely true, accurate and complete in any respect (or, if qualified by materiality, in any material respect), (b) of any Equipment which is not in good order and repair, and in running and marketable condition, ordinary wear and tear excepted, or of any Equipment that is removed or missing from Borrower’s Premises; (d) of all material adverse information relating to the financial condition of Borrower; (e) of any material return of goods; (f) of any loss, damage or destruction of any of the Collateral, and (g) the occurrence of an Event of Default or a Material Adverse Effect.