Common use of Borrower Must Notify Clause in Contracts

Borrower Must Notify. Agent and each Lender shall not be in default under this Agreement or under any other Loan Document, unless a written notice specifically setting forth the claim of Borrower shall have been given to Agent and each Lender within thirty (30) days after the Borrower first had actual knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim and Agent and each Lender does not remedy or cure the default, if any there be, with reasonable promptness thereafter.

Appears in 5 contracts

Samples: Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust), Loan Agreement (Entertainment Properties Trust)

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Borrower Must Notify. Administrative Agent and each Lender of the Lenders shall not be in default under this Agreement Agreement, or under any other Loan Credit Document, unless a written notice specifically setting forth the claim of Borrower shall have been given to Administrative Agent and each Lender of the Lenders within thirty (30) days after the Borrower first had actual knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim and Administrative Agent and each Lender does of the Lenders do not remedy or cure the default, if any there be, with reasonable promptness thereafter.

Appears in 3 contracts

Samples: Term Loan Agreement (Hines Real Estate Investment Trust Inc), Term Loan Agreement (Hines Real Estate Investment Trust Inc), Credit Agreement (Hines Real Estate Investment Trust Inc)

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Borrower Must Notify. Agent and each Lender shall not be in default under this Agreement or under any other Loan Document, unless a written notice specifically setting forth the claim of Borrower shall have been given to Agent and each Lender within thirty (30) days after the Borrower first had actual knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim (an “Agent/Lender Default Notice”) and Agent and each and/or the applicable Lender does not remedy or cure the default, if any there be, with reasonable promptness thereafter.

Appears in 2 contracts

Samples: Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust)

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