Required Notifications Clause Samples
The Required Notifications clause obligates parties to formally inform each other about specific events, changes, or actions as stipulated in the agreement. Typically, this clause outlines the types of events that trigger notification—such as breaches, changes in contact information, or force majeure incidents—and specifies the method and timeframe for delivering such notices, like written communication within a set number of days. Its core function is to ensure timely and clear communication between parties, thereby reducing misunderstandings and enabling prompt responses to important developments.
Required Notifications. Each Grantor shall promptly notify the Administrative Agent, in writing, of: (i) any Lien (other than Permitted Liens) on any of the Collateral which would adversely affect the ability of the Administrative Agent to exercise any of its remedies hereunder and (ii) the occurrence of any other event which could reasonably be expected to have a material impairment on the aggregate value of the Collateral or on the security interests created hereby.
Required Notifications. You must promptly notify us in writing of water leaks, mold, electrical problems, malfunc- tioning lights, broken or missing locks or latches, and other conditions that pose a hazard to property, health, or safety.
Required Notifications. Each Grantor shall promptly notify the Secured Party, in writing, of: (i) any Lien (other than Permitted Liens) on any of the Collateral which would adversely affect the ability of the Secured Party to exercise any of its remedies hereunder and (ii) the occurrence of any other event which could reasonably be expected to have a material impairment on the aggregate value of the Collateral or on the security interests created hereby.
Required Notifications. 1. To be eligible for COBRA, the sub- ▇▇▇▇▇▇▇ or applicable member must notify MCHCP of a divorce, legal separation, a child turning age twenty-six (26), or Medi- care entitlement within sixty (60) days of the event date.
2. The human resource/payroll office of the subscriber must notify MCHCP of an employee’s death, termination, or reduction of hours of employment.
3. If a COBRA participant is disabled within the first sixty (60) days of COBRA coverage and the disability continues for the rest of the initial eighteen- (18-) month period of continuing coverage, the member must notify MCHCP that s/he wants to continue coverage within sixty (60) days, starting from the latest of: 1) the date on which the SSA issues the disability determination; 2) the date on which the qualifying event occurs; or
Required Notifications. Each Grantor shall promptly notify the Lender, in writing, of: (i) any Lien (other than Permitted Liens) on any of the Collateral which would adversely affect the ability of the Lender to exercise any of its remedies hereunder and (ii) the occurrence of any other event which could reasonably be expected to have a material impairment on the aggregate value of the Collateral or on the security interests created hereby.
Required Notifications. Each Merchant is required to give ▇▇▇▇ written notice at least one day prior to any filing under Title 11 of the United States Code. Merchant(s) are required to give ▇▇▇▇ at least seven days’ written notice prior to the closing of any sale of all or substantially all of any Merchant’s assets or stock.
Required Notifications. Each Grantor shall promptly notify the Collateral Agent, in writing, of: (a) any Lien (other than the Security Interests or Permitted Liens) on any of the Collateral which would adversely affect the ability of the Collateral Agent to exercise any of its remedies hereunder, (b) the occurrence of any other event which could reasonably be expected to have a Material Adverse Effect on the aggregate value of the Collateral or on the Security Interests, (c) any Collateral which, to the knowledge of such Grantor, constitutes a Government Contract, and (d) the acquisition or ownership by such Grantor of any (i) Commercial Tort Claim where the reasonably expected amount to be recovered from such claim exceeds $500,000, (ii) Deposit Account, or (iii) Investment Property after the date hereof.
Required Notifications. Each Grantor shall promptly notify the Secured Party, in writing, of: (a) any Lien (other than the Security Interests or Permitted Liens) on any of the Collateral, (b) the occurrence of any other event which could reasonably be expected to have a material adverse effect on the aggregate value of the Collateral or on the Security Interests, (c) any Collateral which, to the knowledge of such Grantor, constitutes a Government Contract, and (d) the acquisition or ownership by such Grantor of any (i) Commercial Tort Claim, (ii) Deposit Account, or (iii) Investment Property after the date hereof.
Required Notifications. Merchant is required to give FUNDER written notice within 24 hours of any filing under Title 11 of the United States Code. Merchant is required to give FUNDER seven days’ written notice prior to the closing of any sale of all or substantially all of the Merchant’s assets or stock.
Required Notifications. Client can provide notices required under this Agreement to ▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇. Client will provide written notice within 24 hours of its own receipt of any notice of a work-related accident or injury, and within three days of its receipt of any notice of any garnishment orders, involuntary deduction orders, notices of IRS liens, and other forms of legal process affecting the payment of wages to a Payroll Employee. Client will provide written notice within three days of any changes to the job description or work hours of a Payroll Employee, including any change from part-time to full-time status. Client will provide written notice of the termination of a Payroll Employee’s assignment (whether initiated by Client or the Payroll Employee) by providing notice of the termination, including the Payroll Employee name, Client, and termination date to ▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ either (a) at least three business days before the Payroll Employee’s last day of employment; (b) immediately if employee quits without notice; or (c) such longer time as may be required to provide the Payroll Employee with adequate notice of termination under the law where the Payroll Employee resides or is legally organized. Failure to timely provide notice may result in additional obligations to the Payroll Employee under applicable law, and Client agrees to pay any such costs. Client also will provide Upwork notice, as provided above, if a Payroll Employee performs no work for Client for more than 10 consecutive Business Days due to any reason other than planned time off or legally required leave (which includes, without limitation, legally required medical or family leave).