Common use of Notice of Lessor Loan Default Clause in Contracts

Notice of Lessor Loan Default. Lessor shall promptly advise Lessee in writing of any breach, default or failure of performance under any material agreement to which Lessor is a party, and immediately provide Lessee a copy of any written notice of default or intent to enforce remedies given by or on behalf of any Lessor Lender.

Appears in 4 contracts

Samples: Lease Agreement (Arc Logistics Partners LP), Lease Agreement (CorEnergy Infrastructure Trust, Inc.), Membership Interests Purchase Agreement (Arc Logistics Partners LP)

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Notice of Lessor Loan Default. Lessor shall promptly advise Lessee in writing of any breach, default or failure of performance under any material agreement to which Lessor is a partyLoan Document, and immediately provide Lessee a copy of any written notice of default or intent to enforce remedies given by or on behalf of any Lessor LenderLender with respect to any Lessor Indebtedness or under any Lessor Loan Document.

Appears in 2 contracts

Samples: Lease Agreement (CorEnergy Infrastructure Trust, Inc.), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)

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