Common use of Notice of Fees or Penalties Clause in Contracts

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, or the Facility.

Appears in 6 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

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Notice of Fees or Penalties. Immediately Promptly notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager (to the extent the same affects the Facility or Manager’s operation thereof), or the Facility.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (CNL Healthcare Trust, Inc.), Loan Agreement (CNL Healthcare Trust, Inc.)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, or the Facility.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, either Borrower or the Facility.

Appears in 2 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

Notice of Fees or Penalties. Immediately Borrower shall immediately notify Lender, upon Borrower’s 's knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines fine or penalties against Borrower, Manager, Manager or the FacilityProperty.

Appears in 1 contract

Samples: Loan Agreement (Capital Senior Living Corp)

Notice of Fees or Penalties. Immediately Promptly notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Lessee, Manager (to the extent the same affects the Facility or Manager’s operation thereof), or the Facility.

Appears in 1 contract

Samples: Loan Agreement (CNL Healthcare Properties II, Inc.)

Notice of Fees or Penalties. Immediately notify Notify Lender, within a reasonable time period, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Capital Senior Living Corp)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s actual knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, ManagerLessee, or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

Notice of Fees or Penalties. Immediately Promptly notify Lender, upon Borrower’s 's knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Capital Senior Living Corp)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, ManagerLessee, or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Arv Assisted Living Inc)

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Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines a single fine or penalties penalty against Borrower, Manager, or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Sunrise Senior Living Inc)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s Borrowers’ knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, 1942134 v3 health or licensing agency of any fines or penalties against BorrowerBorrowers, ManagerManagers, or the FacilityFacilities.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

Notice of Fees or Penalties. Immediately notify Notify Lender, within a reasonable time period, upon Borrower’s knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, or the a Facility.

Appears in 1 contract

Samples: Loan Agreement (Capital Senior Living Corp)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s 's knowledge thereof, of the assessment by any state or, if applicable, or any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, Manager, Lessee or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Ensign Group, Inc)

Notice of Fees or Penalties. Immediately notify Lender, upon Borrower’s 's knowledge thereof, of the assessment by any state or, if applicable, any Medicare, Medicaid, health or licensing agency of any fines or penalties against Borrower, ManagerLessee, or the Facility.

Appears in 1 contract

Samples: Loan Agreement (Arv Assisted Living Inc)

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