Notification of Adverse Changes. Upon Borrower's Knowledge, Borrower shall promptly notify Lender of the occurrence of any event or condition which, if not remedied, would reasonably be expected to result in a material, adverse change to the financial condition of Borrower or would reasonably be expected to materially and adversely affect the value of the Property.
Appears in 2 contracts
Sources: Loan Agreement (Medical Properties Trust Inc), Loan Agreement (Medical Properties Trust Inc)
Notification of Adverse Changes. Upon Borrower's Knowledge, Borrower shall promptly notify Lender of the occurrence of any event or condition which, if not remedied, would reasonably be expected to result in a material, adverse change to the financial condition of Borrower and its subsidiaries taken as a whole or would reasonably be expected to materially and adversely affect the value of the PropertyPatents or any portion thereof.
Appears in 1 contract
Notification of Adverse Changes. Upon Borrower's Knowledge, Borrower and Guarantor shall promptly notify Lender of the occurrence of any event or condition which, if not remedied, would reasonably be expected to result in a material, adverse change to the financial condition of Borrower or Guarantor or would reasonably be expected to materially and adversely affect the value of the PropertyProperty or any portion thereof, or would have a material adverse effect.
Appears in 1 contract
Sources: Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)