Common use of Notice of Nonpayment Clause in Contracts

Notice of Nonpayment. The Borrower will advise the City immediately in writing if Borrower receives any notice, written or oral, from any professional, laborer, contractor or material furnisher to the effect that the professional, laborer, contractor or material furnisher has not been paid for any professional services, labor or materials furnished to, on or in the Property.

Notice of Nonpayment. The Borrower will advise the City immediately in writing if Borrower receives any notice, written or oral, from any professional, laborer, contractor or material furnisher to the effect that the professional, laborer, contractor or material furnisher has not been paid in accordance with the terms of its agreement for any professional services, labor or materials furnished to, on or in the Property.

Notice of Nonpayment. The Borrower will advise the City immediately in writing if Borrower Xxxxxxxx receives any notice, written or oral, from any professional, laborer, contractor or material furnisher to the effect that the professional, laborer, contractor or material furnisher has not been paid in accordance with the terms of its agreement for any professional services, labor or materials furnished to, on or in the Property.