Common use of NOTICE TO LENDER AND RIGHT TO CURE Clause in Contracts

NOTICE TO LENDER AND RIGHT TO CURE. (i) Manager shall deliver to Lender a copy of any notice of termination or default from Manager to any TRS Lessee under any of the Management Agreements, which notice may be given by Manager to Lender simultaneously with such notice to the applicable TRS Lessee.

Appears in 2 contracts

Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Mezzanine a Loan Agreement (W2007 Grace Acquisition I Inc)

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NOTICE TO LENDER AND RIGHT TO CURE. (i) Manager shall deliver to Lender a copy of any notice of termination or default from Manager to any TRS Operating Lessee under any of the Management Agreements, which notice may be given by Manager to Lender simultaneously with such notice to the applicable TRS Operating Lessee.

Appears in 1 contract

Samples: Management Agreement (American Casino & Entertainment Properties LLC)

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NOTICE TO LENDER AND RIGHT TO CURE. (i) Manager shall deliver to Lender a copy of any notice of termination or default from Manager to any TRS Lessee Borrower under any of the Management Agreements, which notice may be given by Manager to Lender simultaneously with such notice to the applicable TRS LesseeLessee Borrower.

Appears in 1 contract

Samples: Management Agreement (American Casino & Entertainment Properties LLC)

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