Common use of Contest of Certain Claims Clause in Contracts

Contest of Certain Claims. Notwithstanding anything to the ------------------------- contrary herein, Borrower shall not be in default for failure to pay or discharge Taxes, Other Charges or mechanic's or materialman's lien asserted against the Property if, and so long as, (a) Borrower shall have notified Lender of same within ten (10) days of obtaining knowledge thereof;

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Archon Corp)

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Contest of Certain Claims. Notwithstanding anything to the ------------------------- contrary hereinprovisions of Section ---------------------------- ------- 4 and subsection 22(i) hereof, Borrower shall not be in default for failure to -- pay or discharge Taxes, Other Charges or mechanic's or materialman's lien asserted against the Property if, and so long as, (a) Borrower shall have notified Lender of same within ten five (105) days of obtaining knowledge thereof;

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Cytation Corp)

Contest of Certain Claims. Notwithstanding anything to the ------------------------- contrary hereinprovisions of Sections 4.5 or 4.12 hereof, Borrower shall not be in default for failure to pay or discharge Taxes, Other Charges any Imposition or mechanic's or materialman's lien asserted against the Mortgaged Property if, and so long as, (a) Borrower shall have notified Lender of same within ten (10) days of obtaining knowledge thereof;

Appears in 1 contract

Samples: Loan Agreement (Coolbrands International Inc)

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Contest of Certain Claims. Notwithstanding anything to the ------------------------- contrary hereinprovisions of Section 4 and subsection 22(i) hereof, Borrower shall not be in default for failure to pay or discharge Taxes, Other Charges or mechanic's ’s or materialman's ’s lien asserted against the Property if, and so long as, (a) Borrower shall have notified Lender Grantee of same within ten five (105) days of obtaining knowledge thereof;knowledge

Appears in 1 contract

Samples: Deed to Secure Debt, Assignment of Leases and Rents and Security Agreement (KBS Strategic Opportunity REIT, Inc.)

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