Election Notice definition
Examples of Election Notice in a sentence
If EDPA2, LLC fails to send the Property Election Notice or if the Property Election Notice fails to include the information required, then ▇▇▇▇▇▇▇’s obligation to convey the Property to EDPA2, LLC will automatically terminate.
If the Issuer elects to pay PIK Interest, it shall notify the Trustee of its election at least ten (10) Business Days prior to the commencement of the corresponding interest period in a PIK Election Notice, substantially in the form of Exhibit H hereto.
If ▇▇▇▇▇▇▇ does not elect to cause all of the Non-Permitted Encumbrances to be removed, cured or insured around, and timely written notice thereof is given to EDPA2, LLC, and if EDPA2, LLC nevertheless elects to acquire the affected property as set forth in a Property Election Notice, then such Non-Permitted Encumbrances (other than liens and monetary encumbrances other than those which secure payment of current real property taxes levied against the Property) shall thereafter be Permitted Encumbrances.
EDPA2, LLC will notify Prosper of the title company and the Closing Date in the Property Election Notice, which Closing Date will be no earlier than 30 days after ▇▇▇▇▇▇▇’s receipt of the Property Election Notice.
If Plaintiffs have not delivered the notice described in Section II.B., above, then the Property Election Notice must include notice of the formation and final name or names of EDPA2, LLC, and of EDPA2, LLC’s notice address or addresses.