Promptly after any Authorized Officer has become aware of the commencement thereof, notice of all actions, suits, proceedings or investigations before or by any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party which relate to the Collateral, involve a claim or series of claims in excess of Two Million Five Hundred Thousand and 00/100 Dollars ($2,500,000.00) or which if adversely determined would constitute a Material Adverse Change.