Qualified Ground Lease. Promptly after a Responsible Officer obtains knowledge of the occurrence of any event which constitutes or which with the passage of time, the giving of notice, or otherwise, would constitute an event of default by any party with respect to any Qualified Ground Lease, a statement of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor setting forth details of such event of default and the action that the Parent Guarantor or any of its Subsidiaries has taken and proposes to take with respect thereto.
Appears in 7 contracts
Samples: Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust), Term Loan Agreement (Hersha Hospitality Trust)
Qualified Ground Lease. Promptly after a Responsible Officer obtains knowledge of the occurrence of any event which constitutes or which with the passage of time, the giving of notice, or otherwise, would constitute an event of default by any party with respect 76 to any Qualified Ground Lease, a statement of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor setting forth details of such event of default and the action that the Parent Guarantor or any of its Subsidiaries has taken and proposes to take with respect thereto.
Appears in 1 contract
Qualified Ground Lease. Promptly after a Responsible Officer obtains knowledge of the occurrence of any event which constitutes or which with the passage of time, the giving of notice, or otherwise, would constitute an event of default by any party with 101 respect to any Qualified Ground Lease, a statement of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor setting forth details of such event of default and the action that the Parent Guarantor or any of its Subsidiaries has taken and proposes to take with respect thereto.
Appears in 1 contract
Qualified Ground Lease. Promptly after a Responsible Officer obtains knowledge of the occurrence of any event which constitutes or which with the passage of time, the giving of notice, or otherwise, would constitute an event of default by any party with respect to any Qualified Ground Lease, a statement of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor setting forth details of such event of default and the action that 84 the Parent Guarantor or any of its Subsidiaries has taken and proposes to take with respect thereto.
Appears in 1 contract
