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: Trust and Security Agreement (Koger Equity Inc), Trust and Security Agreement (Koger Equity Inc), 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: And Security Agreement (Koger Equity Inc), And Security Agreement (Koger Equity Inc), 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: Security Agreement (Koger Equity Inc), , and Security Agreement (Koger Equity Inc), Security Agreement (Koger Equity Inc)

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