Right of Contest. Borrower may contest in good faith any claim, demand, levy, or assessment the assertion of which would constitute an Event of Default hereunder. Any such contest is to be prosecuted diligently and in a manner unprejudicial to the County or the rights of the County hereunder.
Appears in 24 contracts
Samples: Development Loan Agreement, Act Loan Agreement, Loan Agreement
Right of Contest. Borrower may shall have the right to contest in good faith any claim, demand, levy, or assessment the assertion of which would constitute an Event of a Default hereunder. Any such contest is to shall be prosecuted diligently and in a manner unprejudicial to the County or the rights of the County hereunder.
Appears in 3 contracts
Samples: Construction and Permanent Loan Agreement, Predevelopment and Construction Loan Agreement, County Loan Agreement
Right of Contest. The Borrower may shall have the right to contest in good faith any claim, demand, levy, or assessment the assertion of which would constitute an Event of Default hereunder. Any such contest is to shall be prosecuted diligently and in a manner unprejudicial to the County Agency or the rights of the County Agency hereunder.
Appears in 2 contracts
Samples: Loan Modification Agreement, Loan Modification Agreement
Right of Contest. Borrower may has the right to contest in good faith any claim, demand, levy, or assessment the assertion of which would constitute an Event of a Default hereunder. Any such contest is to shall be prosecuted diligently and in a manner unprejudicial to the County or the rights of the County hereunder.
Appears in 1 contract
Samples: Loan Agreement
