Compliance with Notices. Orders and Proposals. The Borrower will within seven (7) days of receipt of any notice order or proposal given issued or made to the Borrower in respect of the Property or any building or structure for the time being erected thereon by or on behalf of any governmental or relevant authority which materially affects the construction of any building thereon, or its value as security, give full particulars thereof to the Lender and if so required by the Lender produce such notice order or proposal to the Lender and will also without delay and within the period prescribed by such notice order or proposal take all reasonable or necessary steps to comply with the provisions of such notice order or proposal and will also at the request of the Lender and at the cost of the Borrower make or join with the Lender in making such objection or representation against or in respect of any such notice order or proposal as the Lender shall deem expedient;
Appears in 14 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Compliance with Notices. Orders and Proposals. The Borrower Mortgagor will within seven (7) days of receipt of any notice order or proposal given issued or made to the Borrower Mortgagor in respect of the Property or any building or structure for the time being erected thereon by or on behalf of any governmental or relevant authority which materially affects the construction of any building thereon, or its value as security, give full particulars thereof to the Lender and if so required by the Lender produce such notice order or proposal to the Lender and will also without delay and within the period prescribed by such notice order or proposal take all reasonable or necessary steps to comply with the provisions of such notice order or proposal and will also at the request of the Lender and at the cost of the Borrower Mortgagor make or join with the Lender in making such objection or representation against or in respect of any such notice order or proposal as the Lender shall deem expedient;
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Compliance with Notices. Orders and Proposals. The Borrower will within seven (7) days of receipt of any notice order or proposal given issued or made to the Borrower in respect of the Property Properties or any building or structure for the time being erected thereon by or on behalf of any governmental or relevant authority which materially affects the construction of any building thereon, or its value as security, give full particulars thereof to the Lender and if so required by the Lender produce such notice order or proposal to the Lender and will also without delay and within the period prescribed by such notice order or proposal take all reasonable or necessary steps to comply with the provisions of such notice order or proposal and will also at the request of the Lender and at the cost of the Borrower make or join with the Lender in making such objection or representation against or in respect of any such notice order or proposal as the Lender shall deem expedient;
Appears in 1 contract
Samples: Loan Agreement