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 five Business Days of such request.

Appears in 1 contract

Sources: 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 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

Sources: Loan and Security Agreement (Chastain Capital 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 five Business Days of such request.; or

Appears in 1 contract

Sources: Loan and Security Agreement (Cityscape Financial Corp)