Notices of Adverse Events. Furnish Lender with prompt notice of (a) any lapse or other termination of any consent, license or permit issued to Borrower by any Governmental Body or any other Person that is material to the operation of Borrower's business, (b) any refusal by any Governmental Body or any other Person to renew or extend any such consent, license or permit; and (c) copies of any periodic or special reports filed by Borrower with any Governmental Body or Person, if such reports indicate any material change in the business, operations, affairs or condition of any Borrower, or if copies thereof are requested by Lender or any Lender, and (d) copies of any notices and other communications from any Governmental Body which relate to Borrower.
Appears in 2 contracts
Sources: Loan Agreement (South Texas Oil Co), Loan Agreement (One Voice Technologies Inc)
Notices of Adverse Events. Furnish Lender with prompt notice of (a) any lapse or other termination of any consent, license or permit issued to Borrower by any Governmental Body or any other Person that is material to the operation of Borrower's ’s business, (b) any refusal by any Governmental Body or any other Person to renew or extend any such consent, license or permit; and (c) copies of any periodic or special reports filed by Borrower with any Governmental Body or Person, if such reports indicate any material change in the business, operations, affairs or condition of any Borrower, or if copies thereof are requested by Lender or any Lender, and (d) copies of any notices and other communications from any Governmental Body which relate to Borrower.
Appears in 1 contract
Sources: Loan Agreement (Voip Inc)