Common use of Notices from Manager Clause in Contracts

Notices from Manager. Manager shall provide the following notices and information to the other Members: (a) Copy of any notice from the holder of the Mortgage Loan or any subsequent mortgage loan alleging or declaring an event of default under such mortgage loan or other loan documents executed in connection therewith or, if no such notice has been issued by the holder of such mortgage loan but Manager has actual knowledge of an event of default under such mortgage loan, a statement by Manager of such event of default; (b) On a quarterly basis, a current rent roll for the Property, which shall include a tenant delinquency report and shall be certified by Manager as complete and accurate in all material respects; (c) Manager’s actual knowledge of any actual or threatened litigation against the Company or the Property which is not covered by applicable insurance policies and which seeks or demands damages in excess of the Threshold Amount; (d) Notice from any governmental or quasi-governmental agency or authority alleging or declaring a violation or breach of the Property (including the use or operation thereof) with any Requirements, beyond any applicable notice and cure period; (e) Manager’s actual knowledge of any event or condition described in the non-recourse carveout provisions of any mortgage loan documents; (f) Manager’s actual knowledge of any discharge, leakage or spill of any Hazardous Materials on or affecting the Property and not previously disclosed in the existing environmental reports provided to Aetna; (g) Notice of any proposed eminent domain or similar proceeding for or affecting the Property of which Manager becomes aware; (h) The occurrence of any casualty to the Property which, in the Manager’s good faith judgment, would cost more than $100,000 to repair or replace; and (i) Notice from any insurance company providing insurance coverage for or relating to the Property, stating that such coverage will be discontinued or not renewed, or rejecting a claim for coverage which exceeds $100,000.

Notices from Manager. Manager shall provide the following notices and information to the other Members: (a) Copy of any notice from the holder of the Mortgage Loan or any subsequent mortgage loan alleging or declaring an event of default under such mortgage loan or other loan documents executed in connection therewith or, if no such notice has been issued by the holder of such mortgage loan but Manager has actual knowledge of an event of default under such mortgage loan, a statement by Manager of such event of default; (b) On a quarterly basis, a current rent roll for the Property, which shall include a tenant delinquency report and shall be certified by Manager as complete and accurate in all material respects; (c) Manager’s actual knowledge of any actual or threatened litigation against the Company or the Property which is not covered by applicable insurance policies and which seeks or demands damages in excess of the Decision Threshold Amount; (d) Notice from any governmental or quasi-governmental agency or authority alleging or declaring a violation or breach of the Property (including the use or operation thereof) with any Requirements, beyond any applicable notice and cure period; (e) Manager’s actual knowledge of any event or condition described in the non-recourse carveout provisions of the Mortgage Loan Documents or any other mortgage loan documents;documents to which the Company is a party or by which it is bound; • • (f) Manager’s actual knowledge of any discharge, leakage or spill of any Hazardous Materials on or affecting the Property and not previously disclosed in the existing environmental reports provided to Aetna; (g) Notice of any proposed eminent domain or similar proceeding for or affecting the Property of which Manager becomes aware; (h) The occurrence of any casualty to the Property which, in the Manager’s good faith judgment, would cost more than $100,000 to repair or replace; and (i) Notice from any insurance company providing insurance coverage for or relating to the Property, stating that such coverage will be discontinued or not renewed, or rejecting a claim for coverage which exceeds $100,000.

Notices from Manager. Manager shall provide the following notices and information to the other Members: (a) Copy of any notice from the holder of the Mortgage Loan or any subsequent mortgage loan alleging or declaring an event of default under such mortgage loan or other loan documents executed in connection therewith or, if no such notice has been issued by the holder of such mortgage loan but Manager has actual knowledge of an event of default under such mortgage loan, a statement by Manager of such event of default; (b) Copy of any notice from the ground lessor under the Ground Lease alleging or declaring an “Event of Default” under the Ground Lease or, if no such notice has been issued by the ground lessor but Manager has actual knowledge of an “Event of Default” under the Ground Lease, a statement by Manager of such “Event of Default”; (c) On a quarterly basis, a current rent roll for the Property, which shall include a tenant delinquency report and shall be certified by Manager as complete and accurate in all material respects; (cd) Manager’s actual knowledge of any actual or threatened litigation against the Company or the Property which is not covered by applicable insurance policies and which seeks or demands damages in excess of the Decision Threshold Amount; (de) Notice from any governmental or quasi-governmental agency or authority alleging or declaring a violation or breach of the Property (including the use or operation thereof) with any Requirements, beyond any applicable notice and cure period; (ef) Manager’s actual knowledge of any event or condition described in the non-recourse carveout provisions of the Mortgage Loan Documents or any other mortgage loan documentsdocuments to which the Company is a party or by which it is bound; (fg) Manager’s actual knowledge of any discharge, leakage or spill of any Hazardous Materials on or affecting the Property and not previously disclosed in the existing environmental reports provided to Aetna; (gh) Notice of any proposed eminent domain or similar proceeding for or affecting the Property of which Manager becomes aware; (hi) The occurrence of any casualty to the Property which, in the Manager’s good faith judgment, would cost more than $100,000 to repair or replace; and; (ij) Notice from any insurance company providing insurance coverage for or relating to the Property, stating that such coverage will be discontinued or not renewed, or rejecting a claim for coverage which exceeds $100,000; and (k) Upon written request by Aetna, copies of any notices or reports sent by Columbia’s general partner to its shareholders, filings made by Columbia’s general partner with the United States Securities and Exchange Commission, or filings made by Columbia’s general partner with any stock exchange at which its securities are traded.