Common use of Failure to Answer Clause in Contracts

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 2 contracts

Sources: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc), Amendment (CNL American Properties Fund Inc)

Failure to Answer. The Lender shall reasonably request, specifying the ----------------- reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 1 contract

Sources: Master Loan and Security Agreement (New Century Financial Corp)

Failure to Answer. The Lender shall reasonably request, specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the either Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 1 contract

Sources: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)

Failure to Answer. The Lender shall reasonably request, ----------------- specifying the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three (3) Business Days of such request.. -42-

Appears in 1 contract

Sources: Master Loan and Security Agreement (Imperial Credit Commercial Mortgage Investment Corp)

Failure to Answer. The Lender shall reasonably request, specifying ----------------- the reasons for such request, information, and/or written responses to such requests, regarding the financial well-being of the Borrower and such information and/or responses shall not have been provided within three Business Days of such request.

Appears in 1 contract

Sources: Master Loan and Security Agreement (New Century Financial Corp)