Common use of Notice of Significant Events Clause in Contracts

Notice of Significant Events. Promptly notify Bank in writing of 1) the occurrence of any Event of Default or Potential Default; 2) any change in its name, address, form of entity, or organizational or capital structure; or 3) the threat of or commencement of any Material Litigation.

Appears in 3 contracts

Sources: Revolving Credit and Term Loan Agreement (Qualmark Corp), Unsecured Revolving Credit Agreement (Granite Financial Inc), Revolving Credit Agreement (Sport Haley Inc)

Notice of Significant Events. Promptly notify Bank in writing of 1) the ---------------------------- occurrence of any Event of Default or Potential Default; 2) any change in its name, address, form of entity, or organizational or capital structure; or 3) the threat of or commencement of any Material Litigation.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Koala Corp /Co/), Revolving Credit Agreement (Koala Corp /Co/), Revolving Credit Agreement (Koala Corp /Co/)

Notice of Significant Events. Promptly notify Bank in writing of 1(a) the occurrence of any Event of Default or Potential Default; 2(b) any change in its name, address, name or address or the form of entity, entity or organizational or capital structurestructure of any affiliate of either Borrower or ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇; or 3(c) the threat of or the commencement of any Material Litigation; or (d) any change in ownership of Collateral.

Appears in 1 contract

Sources: Credit Agreement (Considine Terry)

Notice of Significant Events. Promptly notify Bank in writing of 1(a) the occurrence of any Event of Default or Potential Default; 2(b) any change in its name, address, his name or address or the form of entity, entity or organizational or capital structurestructure of any affiliate of Borrower; or 3(c) the threat of or the commencement of any Material Litigation; or (d) any change in ownership of Collateral.

Appears in 1 contract

Sources: Credit Agreement (Considine Terry)

Notice of Significant Events. Promptly notify Bank in writing of 1(a) the occurrence of any Event of Default or Potential Default; 2(b) any change in its name, address, name or address or the form of entity, entity or organizational or capital structurestructure of any affiliate of Borrower or Guarantor; or 3(c) the threat of or the commencement of any Material Litigation; or (d) any change in ownership of Collateral.

Appears in 1 contract

Sources: Credit Agreement (American Land Lease Inc)