Borrower’s required action Sample Clauses
The "Borrower's required action" clause defines specific obligations or steps that the borrower must take under the terms of an agreement. This may include providing certain documents, making payments by a set deadline, or notifying the lender of particular events. By clearly outlining these required actions, the clause ensures that both parties understand the borrower's responsibilities, thereby reducing the risk of misunderstandings or non-compliance.
Borrower’s required action. If during the Security Period, the Agent, by notice to a Borrower, requires it to take any action referred to in paragraphs (a) to (d) of Clause 29.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Agent's notice.
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Borrower’s required action. If during the Security Period, the Security Trustee, by notice to a Borrower, requires it to take any action referred to in paragraphs (a) to (d) of Clause 22.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Agent’s notice.
Borrower’s required action. If during the Security Period, the Security Trustee, by notice to a Borrower, requires it to take any action referred to in paragraphs (a) to (d) of Clause 22.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Agent’s notice.