Common use of Notices of Violation Clause in Contracts

Notices of Violation. As soon as Seller has knowledge or immediately upon receipt of written notice thereof, Seller shall provide Purchaser with written notice of any violation of any legal requirements or insurance requirements affecting the Property, any service of process relating to the Property or which affects Seller’s ability to perform its obligations under this Agreement, any complaints or allegations of default received from Tenant, the landowner under the Parking License or any other correspondence or notice received by Seller which has or has the potential to have a material adverse effect on the Property.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Generation Income Properties, Inc.), Purchase and Sale Agreement (Generation Income Properties, Inc.), Purchase and Sale Agreement (Generation Income Properties, Inc.)

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Notices of Violation. As soon as Seller has knowledge or immediately upon receipt of written notice thereof, Seller shall promptly provide Purchaser with written notice of any violation of any legal requirements or insurance requirements affecting the Property, any service of process relating to the Property or which affects Seller’s ability to perform its obligations under this Agreement, any complaints or allegations of default received from Tenant, the landowner under the Parking License or any other correspondence or notice received by Seller which has or has the potential to have a material adverse effect on the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Generation Income Properties, Inc.)

Notices of Violation. As soon as Seller has actual knowledge or immediately upon receipt of written notice thereof, Seller shall provide Purchaser with written notice of any violation of any legal requirements or insurance requirements affecting the Property, any service of process relating to the Property or which affects Seller’s ability to perform its obligations under this Agreement, any complaints or allegations of default under the Lease received from Tenant, the landowner under the Parking License or any other correspondence or notice received by Seller which has or has the potential to have a material adverse effect on the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Generation Income Properties, Inc.)

Notices of Violation. As soon as Seller has knowledge or immediately upon Promptly following Seller’s receipt of written notice thereofof a violation, Seller shall provide Purchaser with written notice of any violation of any legal requirements or insurance requirements affecting the Property, any service of process relating to the Property or which affects Seller’s ability to perform its obligations under this Agreement, any complaints or allegations of default received from Tenant, the landowner under the Parking License or any other correspondence or notice received by Seller which has or has the potential to have a material adverse effect on the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Generation Income Properties, Inc.)

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Notices of Violation. As soon as Promptly after Seller has obtains actual knowledge or immediately upon receipt of written notice thereof, Seller has provided or shall provide Purchaser with written notice of any violation of any legal requirements or insurance requirements Legal Requirements affecting the Property, any service of process relating to the Property or which affects Seller’s ability to perform its obligations under this Agreement, any complaints or allegations of default received from Tenant, the landowner under the Parking License Agreement or any other correspondence or notice received by Seller which has or has the potential to have a material an adverse effect on the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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