Common use of Failure to Answer Clause in Contracts

Failure to Answer. The Lender or, provided that no Insurer ----------------- Default shall have occurred and be continuing, the Insurer shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the Collateral or the financial well-being of any TFC Party and such information and/or responses shall not have been provided within five (5) Business Days of such request.

Failure to Answer. The Lender or, provided that no Insurer ----------------- Default shall have occurred and be continuing, the Insurer shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the Collateral or the financial well-being of any TFC Party and such information and/or responses shall not have been provided within five (5) Business Days of such request.