Common use of Holder to be Notified Clause in Contracts

Holder to be Notified. Developer will insert each term contained in this Article 9 into each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or will procure acknowledgement of such terms by each prospective holder of a Security Financing Interest prior to its coming into any security right or interest in the Property or portion thereof.

Appears in 2 contracts

Samples: Development, and Loan Agreement, Development, and Loan Agreement

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Holder to be Notified. The Developer will insert each term contained in this Article 9 into each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or will procure acknowledgement of such terms by each prospective holder of a Security Financing Interest prior to its coming into any security right or interest in the Property or portion thereof.

Appears in 2 contracts

Samples: Disposition, Development and Loan Agreement, Disposition and Development Agreement

Holder to be Notified. The Developer will insert each term contained in this Article 9 8 into each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or will procure acknowledgement of such terms by each prospective holder of a Security Financing Interest prior to its coming into any security right or interest in the Property or portion thereof.

Appears in 1 contract

Samples: Disposition and Development Agreement

Holder to be Notified. The Developer will shall insert each term contained in this Article 9 into each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or will shall procure acknowledgement of such terms by each prospective holder of a Security Financing Interest prior to its coming into any security right or interest in the Property or portion thereof.

Appears in 1 contract

Samples: Development, and Loan Agreement

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Holder to be Notified. To the extent deemed necessary by the Agency, the Developer will shall insert each term contained in this Article 9 Section 8.2 into each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or will shall procure written acknowledgement of such terms by each prospective holder of a Security Financing Interest prior to its coming into any security right or interest in the Property Development or portion thereof.

Appears in 1 contract

Samples: Disposition and Development Agreement

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