Common use of Notice of Conduct Clause in Contracts

Notice of Conduct. Each Obligor agrees to use commercially reasonable efforts to give Lender written notice of any action or inaction, to the extent that such Obligor has actual knowledge thereof, by Lender or any agent or attorney of Lender in connection with the Loan Documents or the Obligations of any party under the Loan Documents that such Obligor reasonably believes may be actionable against Lender or any agent or attorney of Lender or a defense to payment of any Obligations, including commission of a tort or violation of any contractual duty implied by law, and a reasonable opportunity to cure or correct such action or inaction. Upon request of Lxxxxx from time to time, Bxxxxxxx shall also confirm in writing the status of the Loan, and the Obligations, and provide other information reasonably requested by Lxxxxx.

Appears in 2 contracts

Samples: Loan Agreement (XCF Global Capital, Inc.), Construction Loan Agreement (Aemetis, Inc)

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Notice of Conduct. Each Obligor agrees to use commercially reasonable efforts to give Lender written notice of any action or inaction, to the extent that such Obligor has actual knowledge thereof, by Lender or any agent or attorney of Lender in connection with the Loan Documents or the Obligations of any party under the Loan Documents that such Obligor reasonably believes may be actionable against Lender or any agent or attorney of Lender or a defense to payment of any Obligations, including commission of a tort or violation of any contractual duty implied by law, and a reasonable opportunity to cure or correct such action or inaction. Upon request of Lxxxxx Xxxxxx from time to time, Bxxxxxxx Xxxxxxxx shall also confirm in writing the status of the Loan, and the Obligations, and provide other information reasonably requested by LxxxxxXxxxxx.

Appears in 2 contracts

Samples: Term Loan Agreement (Aemetis, Inc), Construction & Term Loan Agreement (Aemetis, Inc)

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Notice of Conduct. Each Obligor agrees to use commercially reasonable efforts to give Lender written notice of any action or inaction, to the extent that any such Obligor Party has actual knowledge thereof, by Lender or any agent or attorney of Lender in connection with the Loan Documents or the Obligations of any party under the Loan Documents that such Obligor Obligors reasonably believes believe may be actionable against Lender or any agent or attorney of Lender or a defense to payment of any ObligationsObligations of either Obligor, including commission of a tort or violation of any contractual duty implied by law, and a reasonable opportunity to cure or correct such action or inaction. Upon request of Lxxxxx Lender from time to time, Bxxxxxxx Obligors shall also confirm in writing the status of the Loan, and the Obligations, and provide other information reasonably requested by LxxxxxLender.

Appears in 1 contract

Samples: Loan Agreement (Span America Medical Systems Inc)

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