Common use of Casualty and Condemnation Clause in Contracts

Casualty and Condemnation. (a) Upon learning thereof, Borrower shall give reasonably prompt notice to Lender of any Casualty or Condemnation or of the actual or threatened commencement of proceedings that would result in a Condemnation.

Appears in 10 contracts

Samples: Loan Agreement (Sears Holdings Corp), Loan Agreement, Loan Agreement (Sears Holdings Corp)

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Casualty and Condemnation. (a) Upon learning thereof, Borrower shall give reasonably prompt notice to Lender of any Casualty or Condemnation or of the actual or threatened commencement of proceedings that would result in a Condemnation.

Appears in 7 contracts

Samples: Loan Agreement (Toys R Us Inc), Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Chesapeake Lodging Trust)

Casualty and Condemnation. (a) Upon learning thereof, Borrower shall give reasonably prompt notice to Lender of any Casualty or Condemnation or of the actual or threatened commencement of proceedings that would result in a Condemnation.

Appears in 6 contracts

Samples: Loan Agreement (New York REIT, Inc.), Loan Agreement (Brixmor Property Group Inc.), Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)

Casualty and Condemnation. (a) Upon learning thereof, Borrower Borrowers shall give reasonably prompt notice to Lender Agent of any Casualty or Condemnation or of the actual or threatened commencement of proceedings that would result in a Condemnation.

Appears in 3 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (Sears Holdings Corp), Term Loan Credit Agreement (Sears Holdings Corp)

Casualty and Condemnation. (a) Upon learning thereof, Borrower shall give reasonably prompt notice to Lender of any Casualty or Condemnation or of the actual or threatened commencement of proceedings that would result in a CondemnationCondemnation after Borrower becomes aware of same.

Appears in 2 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)

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Casualty and Condemnation. (ac) Upon learning thereof, Borrower shall give reasonably prompt notice to Lender of any Casualty or Condemnation or of the actual or threatened commencement of proceedings that would result in a Condemnation.

Appears in 1 contract

Samples: Loan Agreement (Pebblebrook Hotel Trust)

Casualty and Condemnation. (a) Upon learning thereof, Borrower shall give reasonably prompt notice to Lender of any Casualty or Condemnation or or, to the extent Borrower becomes aware thereof, of the actual or threatened commencement of proceedings that would result in a Condemnation.

Appears in 1 contract

Samples: Loan Agreement (Aspen REIT, Inc.)

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