Common use of Notice of Defaults or Events of Default, ERISA Events and Material Adverse Changes Clause in Contracts

Notice of Defaults or Events of Default, ERISA Events and Material Adverse Changes. Written notice as promptly as practicable (and in any event within [***]) after a Responsible Officer of Borrower shall have obtained Knowledge thereof, of the occurrence of any (i) Default or Event of Default, (ii) ERISA Event or (iii) Material Adverse Change.

Appears in 1 contract

Sources: Loan Agreement (Revolution Medicines, Inc.)

Notice of Defaults or Events of Default, ERISA Events and Material Adverse Changes. Written notice as promptly as practicable (and in any event within [***]) after a Responsible Officer of Borrower shall have obtained Knowledge knowledge thereof, of the occurrence of any (i) Default or Event of Default, (ii) ERISA Event or (iii) Material Adverse Change.

Appears in 1 contract

Sources: Loan Agreement (Akebia Therapeutics, Inc.)

Notice of Defaults or Events of Default, ERISA Events and Material Adverse Changes. Written notice as promptly as practicable (and in any event within [***]) after a Responsible Officer of Borrower shall have obtained Knowledge knowledge thereof, of the occurrence of any (i) Default or Event of DefaultDefault (including, for the avoidance of doubt, any failure to comply with the minimum net sales covenant set forth in Section 6.15), (ii) ERISA Event or (iii) Material Adverse Change.

Appears in 1 contract

Sources: Loan Agreement (Biodelivery Sciences International Inc)