Common use of Failure to Answer Clause in Contracts

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 2 contracts

Samples: Warehouse and Security Agreement (CNL American Properties Fund Inc), Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)

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Failure to Answer. The Lender shall reasonably request, specifying the ----------------- reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 1 contract

Samples: And Security Agreement (New Century Financial Corp)

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three five Business Days of such request.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Cityscape Financial Corp)

Failure to Answer. The Lender shall reasonably request, specifying ----------------- the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 1 contract

Samples: New Century Financial Corp

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three five Business Days of such request.; or

Appears in 1 contract

Samples: Loan and Security Agreement (Cityscape Financial Corp)

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Failure to Answer. The Lender shall reasonably request, ----------------- specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three (3) Business Days of such request.. -42-

Appears in 1 contract

Samples: And Security Agreement (Imperial Credit Commercial Mortgage Investment Corp)

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the either Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three five (5) Business Days of such requestrequest or such longer period of time as may be reasonably necessary for the Borrower to provide such information (as determined by the Lender in good faith).

Appears in 1 contract

Samples: Master Loan and Security Agreement (Chastain Capital Corp)

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