Notification by Borrower. Borrower will promptly give Notice to Lender of the occurrence of any Default or Event of Default hereunder or under any of the other Loan Documents. Borrower will also promptly give Notice to Lender of any claim of a default by Borrower, or any claim by Borrower of a default by any other party, under any property management contract or any Lease.
Notification by Borrower. The Borrower shall notify the Agent, ------------------------ such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the Eurodollar Rate. After the Term Loan has been made, the provisions of (S)2.7 shall apply mutatis mutandis with ------- -------- respect to all or any portion of the Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Credit Loans.
Notification by Borrower. The Borrower shall notify the Agent, such notice to be irrevocable, at least four (4) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to be a Eurodollar Rate Loan. After the Term Loan has been made, the provisions of ss.2 shall apply MUTATIS MUTANDIS with respect to all or any portion of the Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Credit Loans.
Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, by 11:00 a.m. on the date that is three (3) Eurodollar Business Days prior to the Drawdown Date of the Tranche B Term Loan if all or any portion of the Tranche B Term Loan is to bear interest at the Eurodollar Rate. After the Tranche B Term Loan has been made, the provisions of §2.7 shall apply mutatis mutandis with respect to all or any portion of the Tranche B Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Tranche B Term Loan as it would be entitled to with respect to the Revolving Credit Loans.
Notification by Borrower. Borrower will promptly give Notice to Administrative Agent of the occurrence of any Default or Event of Default hereunder or under any of the other Loan Documents. Borrower will also promptly give Notice to Lender of any claim of a default by Borrower, or any claim by Borrower of a default by any other party, under any property management contract or any Lease.
Notification by Borrower. To make an election pursuant to this Section 2.05, the Borrower shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under Section 2.03 if the Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Interest Election Request and signed by the Borrower.
Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to be a Eurodollar Loan. After the Term Loan has been made, the provisions of Section 2 shall apply mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrower may have the same interest rate options and interest rates with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Syndicated Loans.
Notification by Borrower. Give the Bank prompt written notice of:
(a) the occurrence of any Default or Event of Default or any event or condition which, with notice or lapse of time, or both, would constitute an Event of Default, and
(b) any development in the business or affairs of the Borrower or any of its Subsidiaries which has resulted in or which is likely in the reasonable judgment of the Borrower to result in a material adverse change in the business, properties, operations or condition, financial or otherwise, of the Borrower or any of its Subsidiaries.
Notification by Borrower. The Borrower shall notify the Agent, ------------------------ such notice to be irrevocable, at least three (3) Business Days prior to the Conversion Date if all or any portion of the Term Loan A is to bear interest at the Eurodollar Rate. After the Term Loan A has been made, the provisions of (S)2.7 shall apply mutatis mutandis with respect to the Term ------- -------- Loan A so that the Borrower may have the same interest rate options with respect to all or any portion of the Term Loan A as it would be entitled to with respect to the Revolving Credit Loans (subject to the same limitations as apply to Revolving Credit Loans under (S)2.7, except as to the minimum integral multiples of partial conversions, which, in the case of the Term Loan A shall be in integral multiples of $500,000).
Notification by Borrower. The following notifications:
(i) promptly upon Borrower’s obtaining knowledge thereof, any litigation or proceeding before any Governmental Authority or any mediation or arbitration with respect to Borrower, any Borrower Partner, Guarantor, any Property, the Collateral, Borrower’s rights or obligations under any Lease or Permitted Encumbrance, or any license, permit or approval obtained by Borrower or the Liens securing the Obligations, including any challenge to or appeal of any Operating Permit or zoning applicable to such Property, specifying the nature and ________________________________________________________________________________________________________________________ status thereof, and any material determinations in all such litigation, proceedings, mediations and arbitrations, in each case with respect to the foregoing which are applicable to a Guarantor, if determined adversely, to the extent same would reasonably be expected to have a Material Adverse Effect;
(ii) promptly upon the occurrence thereof, any material change in any material fact or circumstance represented or warranted in this Loan Agreement or any of the other Loan Documents, or occurrence of any event or circumstance, in each case which would reasonably be expected to have a Material Adverse Effect;
(iii) within three (3) Business Days after the occurrence thereof, of any acceleration of any Indebtedness of Borrower;
(iv) within five (5) Business Days after the occurrence thereof, of any name change or change in fiscal year for Borrower;
(v) within five (5) Business Days after the occurrence thereof, a copy of any amendment to the Borrower Partnership Agreement or any other organizational document, of Borrower or Borrower GP, and promptly following Agent’s request, an updated organizational chart of the Borrower in the form attached to the Borrower’s Certificate;
(vi) promptly upon Borrower’s obtaining knowledge thereof, any breach, default or failure of performance by any party under, or any notice that a party has challenged or denied the validity or enforceability of the Permitted Encumbrances, any Material Operating Agreement, the Asset Management Agreement or any other material agreement, contract, or other instrument to which Borrower is a party or by which any of its properties are bound, in each case that has or would reasonably be expected to have a Material Adverse Effect;
(vii) promptly after receipt of notice of the same from any Person, any claim which would reas...
