Common use of Notice of Increased Costs Clause in Contracts

Notice of Increased Costs. Each Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in Section 2.4.7 or 2.4.8 or Section 2.7, it will notify Borrower, and provide a copy of such notice to Agent, of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender's rights to reimbursement provided for herein.

Appears in 5 contracts

Samples: Term Loan Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp), Credit Agreement (Chelsea Property Group Inc)

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Notice of Increased Costs. Each Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in Section SECTION 2.4.7 or 2.4.8 or Section SECTION 2.7, it will notify Borrower, and provide a copy of such notice to Agent, of such event and the possible effects thereof, provided PROVIDED that the failure to provide such notice shall not affect Lender's rights to reimbursement provided for herein.

Appears in 4 contracts

Samples: Term Loan Agreement (Chelsea Gca Realty Partnership Lp), Credit Agreement (Chelsea Gca Realty Inc), Term Loan Agreement (Chelsea Gca Realty Inc)

Notice of Increased Costs. Each Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in Section 2.4.7 or 2.4.8 6 of Exhibit A to the Note or Section 2.72.5 hereunder, it will notify Borrower, and provide a copy of such notice to Agent, Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender's ’s rights to reimbursement provided for herein.for

Appears in 1 contract

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Notice of Increased Costs. Each Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in Section 2.4.7 2.5(g) or 2.4.8 2.5(h) or Section 2.72.8, it will notify Borrower, and provide -------------- ------ ----------- a copy of such notice to the Administrative Agent, of such event and the possible effects thereof, provided that the failure to provide such notice shall -------- not affect Lender's rights to reimbursement provided for herein.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

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Notice of Increased Costs. Each Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in Section 2.4.7 2.04(g) or 2.4.8 (h) or Section 2.72.07, it will notify Borrower, and provide a copy of such notice to Agent, of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender's rights to reimbursement provided for herein.

Appears in 1 contract

Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)

Notice of Increased Costs. Each Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in Section 2.4.7 Sections 2.4(g), 2.4(h), 2.4(i) or 2.4.8 or Section 2.7, it will notify Borrower, and provide a copy of such notice to Agent, of such event and the possible effects thereof, provided provided; that the failure to provide such notice shall not affect the Lender's rights right to reimbursement as provided for herein.

Appears in 1 contract

Samples: Credit Agreement (Paragon Group Inc)

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