Notice Regarding Material Contracts. Promptly (but in any event within fifteen (15) Business Days) (i) after any material contract of Parent or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent or such Subsidiary, as the case may be, or (ii) any new material contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative Agent, and an explanation of any actions being taken with respect thereto.
Appears in 3 contracts
Sources: Receivables Purchase Agreement (Exela Technologies, Inc.), Loan and Security Agreement (Exela Technologies, Inc.), Loan and Security Agreement (Exela Technologies, Inc.)
Notice Regarding Material Contracts. Promptly (but in any event within fifteen ten (1510) Business Days) (i) after any material contract of Parent or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent or such Subsidiary, as the case may be, or (ii) any new material contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative Agent, and an explanation of any actions being taken with respect thereto.
Appears in 3 contracts
Sources: Receivables Purchase Agreement (Exela Technologies, Inc.), Loan and Security Agreement (Exela Technologies, Inc.), Loan and Security Agreement (Exela Technologies, Inc.)
Notice Regarding Material Contracts. Promptly (but in any event within fifteen ten (1510) Business Days) (i) after any material contract Material Contract of Parent Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent Company or such Subsidiary, as the case may be, or (ii) any new material contract Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative Collateral Agent, and an explanation of any actions being taken with respect thereto.;
Appears in 3 contracts
Sources: Financing Agreement (Global Geophysical Services Inc), Financing Agreement (Federal Signal Corp /De/), Financing Agreement (Federal Signal Corp /De/)
Notice Regarding Material Contracts. Promptly (but Promptly, and in any event within fifteen (15) ten Business Days) Days (i) after any material contract Material Contract of Parent or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent or such Subsidiary, the Credit Parties (taken as the case may bea whole), or (ii) any new material contract Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative Agent, and an explanation of any actions being taken with respect thereto.
Appears in 2 contracts
Sources: Senior Secured Revolving Credit and Guaranty Agreement (Dura Automotive Systems Inc), Second Lien Credit and Guaranty Agreement (Dura Automotive Systems Inc)
Notice Regarding Material Contracts. Promptly (but in any event within fifteen ten (1510) Business Days) (i) after any material contract Material Contract of Parent Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent Company or such Subsidiary, as the case may be, or (ii) any new material contract Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative Agent, and an explanation of any actions being taken with respect thereto.;
Appears in 1 contract
Sources: Financing Agreement (Metalico Inc)
Notice Regarding Material Contracts. Promptly (but Promptly, and in any event within fifteen (15) ten Business Days) Days (i) after any material contract Material Contract of Parent Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent Holdings or such Subsidiary, as the case may be, or (ii) any new material contract Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative Agent, and an explanation of any actions being taken with respect thereto.;
Appears in 1 contract
Sources: Senior Secured Debtor in Possession Term Loan and Guaranty Agreement (Dura Automotive Systems Inc)
Notice Regarding Material Contracts. Promptly (but in any event within fifteen ten (1510) Business Days) (i) after any material contract Material Contract of Parent Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent Company or such Subsidiary, as the case may be, or (ii) any new material contract Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to the Administrative AgentAgents, and an explanation of any actions being taken with respect thereto.;
Appears in 1 contract
Sources: Financing Agreement (EVO Transportation & Energy Services, Inc.)