Common use of Failure of Mortgagee to Respond Clause in Contracts

Failure of Mortgagee to Respond. Any Mortgagee who receives a written request from the Board to respond to or consent to any action shall be deemed to have approved such action if the Association does not receive a written response from the Mortgagee within thirty (30) days of the date of the Association's request, provided such request is delivered to the Mortgagee by certified or registered mail, return receipt requested.

Appears in 3 contracts

Samples: Third Amendment to Declaration of Covenants, Conditions, Easements and Restrictions, Declaration of Covenants, Conditions, and Restrictions, Declaration of Covenants, Conditions, and Restrictions

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Failure of Mortgagee to Respond. Any Mortgagee who receives a written request from the Board to respond to or consent to any action shall be deemed to have approved such action if the Association does not receive a written response from the Mortgagee within thirty (30) days of the date of the Association's ’s request, provided such request is delivered to the Mortgagee by certified or registered mail, return receipt requested.

Appears in 2 contracts

Samples: Declaration of Covenants, Conditions and Restrictions, Declaration of Covenants, Conditions, and Restrictions

Failure of Mortgagee to Respond. Any Mortgagee who receives a written request from the Board of Directors to respond to or consent to any action shall be deemed to have approved such action if the Association does not receive a written response from the Mortgagee within thirty (30) days of the date of the Association's ’s request, provided such request is delivered to the Mortgagee by certified or registered mail, return receipt requested.

Appears in 1 contract

Samples: Phase 1 Project Development Agreement

Failure of Mortgagee to Respond. Any Mortgagee who receives a written request from the Board to respond to or consent to any action shall be deemed to have approved such action if the Association does not receive a written response from the Mortgagee within thirty (30) days of the date of the Association's ’s request, provided such request is delivered to the Mortgagee by certified or registered mail, return receipt requested.

Appears in 1 contract

Samples: Declaration of Covenants, Conditions, and Restrictions

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Failure of Mortgagee to Respond. Any Mortgagee who receives a written request from the Board to respond to or consent to any action shall be deemed to have approved such action if the Association does not receive a written response from the Mortgagee within thirty (30) days of the date of the Association's ’s request, provided such request is delivered to the Mortgagee by certified or registered mail, return receipt requested.

Appears in 1 contract

Samples: Declaration of Covenants, Conditions and Restrictions

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