Notice and Cure Rights of Investor Limited Partner. Upon written notice from Borrower to OCII of admission of the Investor Limited Partner if an Event of Default occurs, OCII shall give Investor Limited Partner the same written notice given to the Borrower as required herein. Investor Limited Partner shall have the right, but not the obligation, to cure defaults within the time periods provided to Borrower herein. With respect to any right of cure provided herein, performance of a cure by Investor Limited Partner shall have the same effect as would like performance by Borrower. Unless OCII is otherwise notified, notices to Investor Limited Partner shall be sent to the address provided in Section 21.1 above.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Notice and Cure Rights of Investor Limited Partner. Upon written If an Event of Default occurs, or an event that, with notice from Borrower to OCII or the passage of admission of the Investor Limited Partner if time, or both, could constitute an Event of Default occurs, OCII shall give Investor Limited Partner the same written notice given to the Borrower as required herein. Investor Limited Partner shall have the right, but not the obligation, to cure defaults within the time periods provided to Borrower herein. With respect to any right of cure provided herein, performance of a cure by Investor Limited Partner shall have the same effect as would like performance by Borrower. Unless OCII is otherwise notified, notices to Investor Limited Partner shall be sent to the address provided in Section 21.1 above.
Appears in 1 contract
Samples: Loan Agreement
Notice and Cure Rights of Investor Limited Partner. Upon written notice from Borrower to OCII of admission of the Investor Limited Partner if If an Event of Default occurs, or an event occurs that, with notice or the passage of time, or both, could constitute an Event of Default, OCII shall give Investor Limited Partner the same written notice given to the Borrower as required herein. Investor Limited Partner shall have the right, but not the obligation, to cure defaults within the time periods provided to Borrower herein. With respect to any right of cure provided herein, performance of a cure by Investor Limited Partner shall have the same effect as would like performance by Borrower. Unless OCII is otherwise notified, notices to Investor Limited Partner shall be sent to the address provided in Section 21.1 above.
Appears in 1 contract
Samples: Loan Agreement
Notice and Cure Rights of Investor Limited Partner. Upon written If an Event of Default occurs, or an event that, with notice from Borrower to OCII or the passage of admission of the Investor Limited Partner if time, or both, could constitute an Event of Default occurs, OCII shall give Investor Limited Partner the same written notice given to the Borrower as required herein. Investor Limited Partner shall have the right, but not the obligation, to cure defaults within the time periods provided to Borrower herein. With respect to any right of cure provided herein, performance of a cure by Investor Limited Partner shall have the same effect as would like performance by BorrowerXxxxxxxx. Unless OCII is otherwise notified, notices to Investor Limited Partner shall be sent to the address provided in Section 21.1 above.
Appears in 1 contract
Samples: Loan Agreement