Common use of Borrower Must Notify Clause in Contracts

Borrower Must Notify. The Agent and each of the Lenders shall not be in default under this Agreement, or under any other Loan Document, unless a written notice specifically setting forth the claim of such Borrower shall have been given to Agent and each of the Lenders within thirty (30) days after the subject Borrower first had actual Knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim and Agent or any of the Lenders does not remedy or cure the default, if any there be, with reasonable promptness thereafter. Such actual Knowledge or actual notice shall refer to what was actually known by, or expressed in a written notification furnished to, any of the persons or officials referred to in Exhibit D as Authorized Representatives.

Appears in 1 contract

Samples: Master Loan Agreement (Newkirk Master Lp)

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Borrower Must Notify. The Agent and each of the Lenders or any 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 such Borrower shall have been given to Agent and each of the Lenders within or such Lender with thirty (30) days after the subject Borrower first had actual Knowledge knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim and Agent or any of the Lenders Lender does not remedy or cure the default, if any there be, with reasonable promptness thereafter. Such actual Knowledge knowledge or actual notice shall refer to what was actually known by, or expressed in a written notification furnished to, any of the persons or officials referred to in Exhibit D as Authorized Representatives.

Appears in 1 contract

Samples: Revolving Credit Agreement (TNP Strategic Retail Trust, Inc.)

Borrower Must Notify. The Agent and each of the Lenders shall not be in default under this Agreement, or under any other Loan Document, unless a written notice specifically setting forth the claim of such Borrower shall have been given to Agent and each of the Lenders within thirty (30) days after the subject Borrower first had actual Knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim and Agent or any of the Lenders does not remedy or cure the default, if any there be, with reasonable promptness thereafter. Such actual Knowledge or actual notice shall refer to what was actually known by, or expressed in a written notification furnished to, any of the persons or officials referred to in Exhibit D as Authorized Representatives.

Appears in 1 contract

Samples: Loan Agreement (Newkirk Master Lp)

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Borrower Must Notify. The Neither Agent and each of the Lenders nor any 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 such Borrower shall have been given to Agent and each of the Lenders or such Lender within thirty sixty (3060) days after the subject Borrower first had actual Knowledge knowledge or actual notice of the occurrence of the event which Borrower alleges gave rise to such claim and Agent or any of the Lenders such Lender does not remedy or cure the default, if any there be, with reasonable promptness thereafter. Such actual Knowledge knowledge or actual notice shall refer to what was actually known by, or expressed in a written notification furnished to, any of the persons or officials referred to in Exhibit D as Authorized Representatives.

Appears in 1 contract

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.)

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