Common use of Notification of Default, Etc Clause in Contracts

Notification of Default, Etc. Promptly after obtaining knowledge thereof, notify Trustee and Beneficiary of any Default hereunder or under the Loan Agreement or of any action or proceeding materially and adversely affecting the Property.

Appears in 6 contracts

Samples: Deed of Trust, Assignment of Leases and Rents and Security Agreement (Koger Equity Inc), Deed of Trust, Assignment of Leases and Rents and Security Agreement (Koger Equity Inc), Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Koger Equity Inc)

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Notification of Default, Etc. Promptly after obtaining knowledge thereof, notify Trustee and Beneficiary Grantee of any Default hereunder or under the Loan Agreement or of any action or proceeding materially and adversely affecting the Property.

Appears in 4 contracts

Samples: Deed to Secure Debt, Assignment of Leases and Rents, and Security Agreement (Koger Equity Inc), Deed to Secure Debt, Assignment of Leases and Rents, and Security Agreement (Koger Equity Inc), Deed to Secure Debt and Security Agreement (Koger Equity Inc)

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Notification of Default, Etc. Promptly after obtaining knowledge thereof, notify Trustee and Beneficiary Mortgagee of any Default hereunder or under the Loan Agreement or of any action or proceeding materially and adversely affecting the Property.

Appears in 3 contracts

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Koger Equity Inc), Mortgage, Assignment of Leases and Rents and Security Agreement (Koger Equity Inc), Mortgage, Assignment of Leases and Rents and Security Agreement (Koger Equity Inc)

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