(g) . Point 5.1(d) and otherwise promptly upon any Authorized Officer’s knowledge thereof, written notice of the occurrence of any material legal developments expected to have a straight from the source significant adverse impact on Seller’s or Parent’s business (or, if there are no such material legal developments since the last update provided by Company pursuant to this Section 5.1(g), a written confirmation that there are no such legal developments since such last update).
Judge Revision
(h) Observe from Standard. Promptly upon an Authorized Officer of Company obtaining actual knowledge (i) of any condition or event that constitutes a Default or an Event of Default or that notice has been given to Seller, Parent or Company with respect thereto; (ii) that any Person has given any notice to Seller, Parent or Company or taken any other action with respect to any event or condition set forth in Section seven.1(a); or (iii) of the occurrence of any event or change that has caused, either in any case or in the aggregate, a Material Adverse Effect, a certificate of its Authorized Officers specifying the nature and period of existence of such condition, event or change, or specifying the notice given and action taken by any such Person and the nature of such claimed Event of Default, Default, default, event or condition, and what action Seller, Parent or Company, as applicable, has taken, is taking and proposes to take with respect thereto;
(i) . Punctually upon a third party Administrator out-of Organization acquiring actual expertise in a detrimental Proceeding perhaps not in earlier times unveiled on paper by Business so you can Loan providers otherwise one question growth in any such Adverse Proceeding (together with one unfavorable ruling otherwise significant negative development in one Unfavorable Proceeding) that might be likely to possess a life threatening negative impact on Organization, Father or mother or Supplier otherwise any Subsidiary thereof, authored see thereof and such as other information once the could be accessible to Company or Merchant to enable Lenders and their the advice to evaluate eg issues;
Notice of Legal actions
(j) ERISA. (i) Promptly upon an Authorized Officer of Company becoming aware of the occurrence of or forthcoming occurrence of any ERISA Event, a written notice specifying the nature thereof, what action Seller, Parent, any of its Subsidiaries or any of their respective ERISA Affiliates has taken, is taking or proposes to take with respect thereto and, when known, any action taken or threatened by the Internal Revenue Service, the Department of Labor or the PBGC with respect thereto; and (ii) with reasonable promptness, copies of (1) each Schedule SB (Actuarial Information) to the annual report (Form 5500 Series) filed by Seller, any of its Subsidiaries or any of their respective ERISA Affiliates with the Internal Revenue Service with respect to each affected Pension Plan; (2) all notices received by Parent, Seller, any of its Subsidiaries or any of their respective ERISA Affiliates from a Multiemployer Plan sponsor concerning an ERISA Event; and (3) copies of such other documents or governmental reports or filings relating to any affected Employee Benefit Plan of Parent, Seller or any of its Subsidiaries thereof, or, with respect to any affected Pension Plan or affected Multiemployer Plan, any of their respective ERISA Affiliates (with respect to an affected Multiemployer Plan, to the extent that Seller or the Subsidiary or ERISA Affiliate, as applicable, has rights to access such documents, reports or filings), as the Administrative Agent or Lender shall reasonably request;
(k) Observe away from Improvement in Panel out-of Administrators. Subject to Section 6.14, with reasonable promptness, and in any event within five (5) Business Days, written notice to each Lender and the Administrative Agent of any change in the board of directors (or similar governing body) of the Parent;