Communications with Obligors; Loan Parties Remain Liable. Lender in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Mortgaged Property to verify with them to Lender’s satisfaction the existence, amount and terms of any amounts due to Borrower with respect to the Mortgage Property.
Appears in 1 contract
Samples: Loan and Security Agreement (Therapeutics Acquisition Corp.)
Communications with Obligors; Loan Parties Remain Liable. Lender in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors the Account Debtors under the Mortgaged Property Receivables of any Loan Party to verify with them to Lender’s satisfaction the existence, amount and terms of any amounts due to Borrower with respect to the Mortgage Propertysuch Receivables.
Appears in 1 contract
Samples: Loan and Security Agreement (Kinsale Capital Group, Inc.)
