Notice of a Breach. In the event of a Material breach by Aurora of a representation or warranty contained in Section 4.01 with respect to the Bank Loans or by CCPC of a representation or warranty contained in Section 4.02 with respect to the REIT Loans, Aurora in the case of a representation or warranty contained in Section 4.02 and CCPC in the case of representation or warranty contained in Section 4.01 shall have the right to give the Transferor a Certificate of Defect no later than 30 days following the determination by the Transferee of the breach thereof. If a Certificate of Defect is delivered by the Transferee in a timely fashion but is considered by the Transferor to be deficient in any respect, so long as it substantially complies with the requirements of this Agreement, the Transferee shall be afforded a reasonable period of time by the Transferor, not to exceed 30 days after notice from the Transferor specifying such deficiencies in reasonable detail, in order to supplement such Certificate and cure any deficiencies; and such Certificate, but only so long as it substantially complies as aforesaid, shall be deemed sufficient to avoid termination and extinguishment of the Transferee’s rights hereunder. Each of the Transferors agrees to use commercially reasonable efforts to cure any lapses of or missing assignments, transfer documents or the like in the chain of title to the Note or in the Collateral Security therefor related to a Loan transferred by such Transferor at the Closing by obtaining from prior transferors any such missing assignments and/or transfer documents. If the Transferee delivers a Certificate of Defect which is part of an Asset Group, then, unless the Transferee elects otherwise in such Certificate of Defect, the Certificate of Defect shall be deemed to cover all Assets in such Asset Group.
Notice of a Breach to Covered Entity shall include the identification of each individual whose PHI or EPHI has been, or is reasonably believed to have been, accessed, acquired, or disclosed during the Breach. At the request of Covered Entity, Business Associate shall identify: the date of the Breach, the date the Breach was discovered by the Business Associate, or, by the exercise of reasonable diligence should have been known, the scope of the Breach, the Business Associate’s response to the Breach, the identification of the party responsible for causing the Breach, if known, and any other available information that the Covered Entity is required to include in any notification to the individual(s) affected.
Notice of a Breach. For a period of ninety (90) days from the Closing Date (the “Repurchase Expiration Date”), in the event of a Material breach by Seller of a representation or warranty contained in Section 4 with respect to a Loan, Purchaser shall have the right to give Seller a Certificate of Defect no later than 15 days following the discovery by Purchaser of the breach thereof. If a Certificate of Defect is delivered by Purchaser in a timely fashion but is considered by Seller to be deficient in any respect, so long as it substantially complies with the requirements of this Agreement, Purchaser shall be afforded a reasonable period of time by Seller, not to exceed 20 days after notice from Seller specifying such deficiencies in reasonable detail, in order to supplement such Certificate and cure any deficiencies; and such Certificate, but only so long as it substantially complies as aforesaid, shall be deemed sufficient to avoid termination and extinguishment of Purchaser’s rights hereunder. If Purchaser delivers a Certificate of Defect with respect to a Loan which is part of a Loan Group, then, unless Purchaser elects otherwise in such Certificate of Defect, the Certificate of Defect shall be deemed to cover all Loans in such Loan Group.
Notice of a Breach. In the event of a breach by Seller of a representation or warranty contained in Section 4 with respect to the Assets, Purchaser shall have the right to give Seller a notice of breach no later than 30 days following the determination by Purchaser of the breach thereof.
