Common use of Obligation to Perform Clause in Contracts

Obligation to Perform. Borrower shall promptly and fully comply with all Requirements of Law now or hereafter affecting the Property. Borrower shall notify Lender promptly of Borrower’s knowledge or receipt of any notice related to a violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to compliance with Requirements of Law. At Lender’s request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 3 contracts

Samples: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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Obligation to Perform. Borrower shall promptly and fully comply with all Requirements of Law now or hereafter affecting the Property. Borrower shall notify Lender promptly of Borrower’s 's knowledge or receipt of any notice related to a violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to compliance with Requirements of Law. At Lender’s 's request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 3 contracts

Samples: Loan Agreement (Consolidated Capital Properties Iv), Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure Assets Trust)

Obligation to Perform. Borrower shall promptly and fully comply with all (i) Requirements of Law now or hereafter affecting the Property, and (ii) all licenses, permits, registrations, certificates and other approvals, governmental or otherwise, necessary for the use, occupancy and operation of the Property and the conduct of its business thereat. Borrower shall notify Lender promptly of Borrower’s knowledge or receipt of any notice related to a violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to compliance with Requirements of Law. At Lender’s request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 2 contracts

Samples: Loan Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Agreement (Angeles Income Properties LTD Ii)

Obligation to Perform. Borrower shall promptly and fully materially comply with all Requirements of Law now or hereafter affecting the Property. Borrower shall notify Lender promptly of Borrower’s 's knowledge or receipt of any notice related to a material violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to compliance with Requirements of Law. At Lender’s 's request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Cole Credit Property Trust V, Inc.)

Obligation to Perform. Borrower shall promptly and fully comply with with, or cause to be complied with, in all material respects, all Requirements of Law now or hereafter affecting the Property. Borrower shall notify Lender promptly of Borrower’s 's knowledge or receipt of any notice related to a violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to compliance with Requirements of Law. At Lender’s 's request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 1 contract

Samples: Loan Agreement (Corporate Property Associates 16 Global Inc)

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Obligation to Perform. Borrower shall promptly and fully comply with all material Requirements of Law now or hereafter affecting the Property. Borrower shall notify Lender promptly of Borrower’s 's knowledge or receipt of any notice related to a violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to compliance with Requirements of Law. At Lender’s 's request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 1 contract

Samples: Loan Agreement (Capital Senior Living Corp)

Obligation to Perform. Borrower shall promptly and fully comply in all material respects with all Requirements of Law now or hereafter affecting the Property. Borrower shall notify Lender promptly of Borrower’s knowledge or receipt of any notice related to a material violation of any Requirements of Law or of the commencement of any proceedings or investigations which relate to material compliance with Requirements of Law. At Lender’s request, Borrower shall provide Lender with copies of all notices, reports or other documents relating to any litigation or governmental investigation relating to Borrower or the Property.

Appears in 1 contract

Samples: Loan Agreement (CNL Hotels & Resorts, Inc.)

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