Notice of Money Laundering. If a tenant under any Lease is charged with crimes involving money laundering or predicate crimes to money laundering, and such charges are not dismissed without further investigation within thirty (30) days, then Borrower shall give notice of such charges to Agent's and upon Agent's request, Borrower shall exclude from the debt service rents from said tenant or resident.
Appears in 3 contracts
Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Provident Senior Living Trust)
Notice of Money Laundering. If a tenant or a resident under any Lease is charged with crimes involving money laundering or predicate crimes to money laundering, and such charges are not dismissed without further investigation within thirty (30) days, then Borrower Borrowers shall give notice of such charges to Agent's ’s and upon Agent's ’s request, Borrower Borrowers shall exclude from the debt service rents from said tenant or resident.
Appears in 1 contract
Samples: Loan Agreement (Cornerstone Healthcare Plus Reit, Inc.)
Notice of Money Laundering. If a tenant under any Lease is charged with crimes involving money laundering or predicate crimes to money laundering, and such charges are not dismissed without further investigation within thirty (30) days, then Borrower Borrowers shall give notice of such charges to Agent's ’s and upon Agent's ’s request, Borrower Borrowers shall exclude from the debt service rents from said tenant or resident.
Appears in 1 contract
Samples: Loan Agreement (Ensign Group, Inc)
Notice of Money Laundering. If a tenant under any Lease is charged with crimes involving money laundering or predicate crimes to money laundering, and such charges are not dismissed without further investigation within thirty (30) days, then Borrower Borrowers shall (concurrently with notice thereof) give notice of such charges to Agent's and upon Agent's request, Borrower Borrowers shall exclude from the debt service rents from said tenant or resident.
Appears in 1 contract
Notice of Money Laundering. If a tenant under any Lease is charged with crimes involving money laundering or predicate crimes to money laundering, and such charges are not dismissed without further investigation within thirty (30) days, then Borrower Borrowers shall give notice of such charges to Agent's and upon Agent's request, Borrower Borrowers shall exclude from the debt service rents from said tenant or resident.
Appears in 1 contract
Samples: Loan Agreement (Ensign Group, Inc)
