Notice of Litigation definition

Notice of Litigation. With respect to any Mortgage Loan or A/B Mortgage Loan as to which litigation is instituted, the Primary Servicer, if aware of such litigation, shall notify the Master Servicer immediately as to the status of the litigation related to such Mortgage Loan or A/B Mortgage Loan and shall, when reasonably required or requested by the Master Servicer, provide to the Master Servicer copies of all pertinent information in the Primary Servicer's possession related to such litigation, including, without limitation, copies of related Servicing Documents.
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Notice of Litigation. Promptly after the receipt by the Borrower, or by any Guarantor of which Borrower has knowledge, of notice or complaint of any action, suit, and proceeding before any court or administrative agency of any type which, if determined adversely, could have a material adverse effect on the financial condition, properties, or operations of the Borrower or Guarantor, as appropriate.
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Notice of Litigation. ADMINISTRATIVE PROCEEDINGS AND TAX RE-QUALIFICATIONS: THE DEBTOR and each of the GUARANTORS, shall give written notice to THE CREDITOR, immediately after THE DEBTOR learns of any litigation or administrative or arbitration proceeding, or tax re-qualifications, which may affect THE DEBTOR, that is developing adversely or that threatens to be initiated against it, and which may have an adverse material effect on the business, assets or financial condition of THE DEBTOR, or which may affect or which can materially affect the capacity of THE DEBTOR to comply with its obligations acquired under this instrument and this LOAN AGREEMENT. ANNUAL REVIEWS OF THE LOAN: THE DEBTOR and XXXXXXX XX XXXXX RICA, S.A., agree and undertake to respect to respect the annual reviews of the loan to be conducted by THE CREDITOR, and respect all those additional requirements that may be necessary to impose on THE DEBTOR and XXXXXXX XX XXXXX RICA, S.A. as a result of such reviews. a. THE DEBTOR agrees that each year during the term of the loan, it will complete and submit OPIC's form of "Self-Monitoring Questionnaire for Insurance & Financial Projects" (as that form may be amended from time to time) with respect to the operation of the project. Also, THE DEBTOR agrees that it will, upon OPIC's request, permit OPIC representatives to inspect the Debtor's facilities and properties during normal business hours. KEEPING OF BOOKS AND RECORDS: THE DEBTOR and XXXXXXX XX XXXXX RICA, S.A. undertake to adequately and accurately keep all the books and records necessary and common in similar companies. BUSINESS WITH AFFILIATES: Both THE DEBTOR and XXXXXXX XX XXXXX RICA, S.A. can undertake business or transactions with affiliates, provided said business
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Examples of Notice of Litigation in a sentence

  • Notice of Litigation, Legislative Developments and Defaults 39 Section 5.06.

  • POST-CLOSING COVENANTS OF THE PURCHASER 7 5.1 Information and Reports to be Furnished 7 5.2 Budget and Operating Forecast 8 5.3 Notice of Litigation, Defaults, etc.

  • Notice of Litigation, Legislative Developments and Defaults 44 SECTION 5.06.

  • Notice of Litigation, Legislative Developments and Defaults 42 Section 5.06.

  • Notice of Litigation, Default and Other Matters...............................................

  • Notice of Litigation, Legislative Developments and Defaults 45 Section 5.06.

  • Notice of Litigation, Legislative Developments and Defaults 41 Section 5.06.

  • FINANCIAL INFORMATION AND NOTICES 28 SECTION 6.1 Financial Statements 28 SECTION 6.2 Officer’s Compliance Certificate 29 SECTION 6.3 Regulatory Reports 29 SECTION 6.4 Other Reports 30 SECTION 6.5 Notice of Litigation and Other Matters 30 ARTICLE VII.

  • Notice of Litigation, Default and Other Matters..................................................

  • Covenants and Agreements 24 8.1 Audited Financial Statements 24 8.2 Conduct of Business by Beijing Pypo Group 24 8.3 Use of Proceeds 26 8.4 Listing 26 8.5 Information and Inspection Rights of the Investor 26 8.6 Related Party Transactions 27 8.7 Governmental Filings and Registrations 27 8.8 SAFE Compliance 28 8.9 Notice of Litigation and Proceedings 28 8.10 Redemption 28 9.

Related to Notice of Litigation

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Notice of Appeal means a notice given pursuant to Condition 6.2.

  • Notice of Action shall have the meaning set forth in Section 7.1C.

  • Notice of Hearing means a notice containing the information set out in Schedule VIII;

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Mediation Notice is defined in Section 6.2(b).

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Contractor must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Contract or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the Contractor’s financial condition.

  • Notice of Arbitration means the formal notice from the CONTRACTOR or the CUSTOMER to the other party referring a dispute to arbitration in accordance with the provisions of Schedule 2-9.

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Notice and Claims Agent means Prime Clerk LLC.

  • Notice of Violation means a written notice prepared by an enforcement official that informs a responsible person of code violations and orders them to take certain steps to correct the violations.

  • Transaction Litigation means any Legal Proceeding commenced or threatened against a Party or any of its Subsidiaries or Affiliates (and/or their respective directors and/or executive officers) or otherwise relating to, involving or affecting such Party or any of its Subsidiaries or Affiliates, in each case in connection with, arising from or otherwise relating to the Transaction or the consummation thereof, other than any Legal Proceedings among the Parties or their Affiliates related to this Agreement.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Disclosed Litigation has the meaning specified in Section 3.01(b).

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Dispute Resolution Process means the process described in clause 9

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Notice of Claim has the meaning set forth in Section 9.4(a).

  • Arbitration Request shall have the meaning set forth in Section 7.3(a).

  • Complaint means any formal written complaint raised by a Contracting Body in relation to the performance of this Framework Agreement or any Call-Off Contract in accordance with Clause 44 (Complaints Handling and Resolution);

  • Notice of Settlement means the form attached hereto as Exhibit A.