Common use of Obligations to Notify Clause in Contracts

Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of any action or proceeding in which Trustor, Lender, or Trustee shall be a party, unless the action or proceeding is brought by Trustee.

Appears in 3 contracts

Samples: Deed of Trust (Eaco Corp), Business Loan Agreement (Qad Inc), Deed of Trust (Nutech Digital Inc)

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Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of any action or proceeding in which TrustorGrantor, Lender, or Trustee shall be a party, unless the action or proceeding is brought by Trustee.

Appears in 2 contracts

Samples: Deed of Trust (Rockies Fund Inc), Letter Loan Agreement (Paul Son Gaming Corp)

Obligations to Notify. Trustee Trustee· shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, . or of any action or proceeding in In which Trustor, Lenderlender, or Trustee shall be a party, unless the action or proceeding is brought by Trustee.

Appears in 1 contract

Samples: Deed of Trust (Netreit, Inc.)

Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of any action or proceeding in which TrustorBorrower, Lender, or Trustee shall be a party, unless the action or proceeding is brought by Trustee.

Appears in 1 contract

Samples: Deed of Trust (Water Pik Technologies Inc)

Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust trustee, deed or lien, or of any action or proceeding in which TrustorGrantor, LenderAgent, or Trustee shall be a party, unless the action or proceeding is brought by Trusteetrustee.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (Obsidian Enterprises Inc)

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Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of any action or proceeding in which TrustorGrantor, Lender, or Trustee shall be a party, unless required by applicable law, or unless the action or proceeding is brought by Trustee.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nevada Gold & Casinos Inc)

Obligations to Notify. Trustee shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of any action or proceeding in which Trustor, Lender, or Trustee shall be a party, unless the action or proceeding is brought by Trustee.

Appears in 1 contract

Samples: Deed of Trust (Newstar Media Inc)

Obligations to Notify. Trustee Trustees shall not be obligated to notify any other party of a pending sale under any other trust deed or lien, or of any action or proceeding in which TrustorGrantor, Lender, or Trustee Trustees shall be a party, party unless the action or proceeding is brought by TrusteeTrustees.

Appears in 1 contract

Samples: Deed of Trust, Assignment and Security Agreement (Eagle Hospitality Properties Trust, Inc.)

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