Notice of Nonpayment. The Borrower will immediately notify the Agent in writing if the Borrower receives any notice, whether oral or written, from any laborer, subcontractor, materialman or supplier to the effect that such laborer, subcontractor, materialman or supplier has not been paid when due for any labor, equipment or materials furnished in connection with the construction of the Improvements.
Appears in 2 contracts
Samples: Construction Loan Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc)
Notice of Nonpayment. The Borrower will immediately immediately notify the Agent Lender in writing if the Borrower receives any notice, whether oral or written, from any laborer, subcontractor, subcontractor or materialman or supplier to the effect that such laborer, subcontractor, subcontractor or materialman or supplier has not been paid when due for any labor, equipment labor or materials furnished in connection with the construction of the Improvements.Improvements
Appears in 2 contracts
Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)
Notice of Nonpayment. The Borrower will immediately notify the Agent Lender in writing if the Borrower receives any notice, whether oral or written, from any laborer, subcontractor, subcontractor or materialman or supplier to the effect that such laborer, subcontractor, subcontractor or materialman or supplier has not been paid when due for any labor, equipment labor or materials furnished in connection with the construction of the Improvements.
Appears in 2 contracts
Samples: Loan and Security Agreement (Griffin Industrial Realty, Inc.), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)
Notice of Nonpayment. The Borrower will immediately promptly notify the Agent in writing if the Borrower receives any notice, whether oral or written, written notice from any major laborer, subcontractor, subcontractor or materialman or supplier to the effect that such laborer, subcontractor, subcontractor or materialman or supplier has not been paid when due any material sum for any labor, equipment labor or materials furnished in connection with the construction of the Improvements.
Appears in 2 contracts
Samples: Credit Construction Loan Agreement (Wci Communities Inc), Credit Construction Loan Agreement (Wci Communities Inc)
Notice of Nonpayment. The Each of Borrower and Guarantor will immediately promptly notify the Agent in writing if the Borrower or Guarantor receives any notice, whether oral or written, written notice from any major laborer, subcontractor, subcontractor or materialman or supplier to the effect that such laborer, subcontractor, subcontractor or materialman or supplier has not been paid when due any material sum for any labor, equipment labor or materials furnished in connection with the construction of the Improvements.
Appears in 1 contract
Samples: Revolving Credit Construction Loan Agreement (Wci Communities Inc)
Notice of Nonpayment. The Borrower will immediately notify the Agent Lender in writing if the Borrower receives any notice, whether oral or written, from any laborer, subcontractor, subcontractor or materialman or supplier to the effect that such laborer, subcontractor, subcontractor or materialman or supplier has not been paid when due for any labor, equipment labor or materials furnished in connection with the construction construction, renovation, repair or replacement of any Improvements located on, or any other work performed at, the ImprovementsReal Property.
Appears in 1 contract