Common use of Notice Regarding Material Contracts Clause in Contracts

Notice Regarding Material Contracts. Promptly (but in any event within ten (10) 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 ten (10) 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 in any event within ten five (105) Business Days) (i) after any material contract Material Contract of Parent the Company or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Parent the 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 2 contracts

Sources: Financing Agreement (Global Geophysical Services Inc), Settlement Agreement

Notice Regarding Material Contracts. Promptly (but in any event within ten (10) 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.)

Notice Regarding Material Contracts. Promptly (but in any event within ten (10) 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 ten (10) 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 ten five (105) 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 (Usa Technologies Inc)