Common use of Lien Holders Clause in Contracts

Lien Holders. In the event this Agreement or the facilities approved hereunder are at any time encumbered by a lien, before Authority shall provide the lien holder with notices and opportunity to cure, Permittee must provide the holder of any such lien with a copy of this Agreement, and such lien holder must provide the Authority a signed acknowledgement that the lien holder is aware of and accepts the terms of this Agreement. It shall be the Permittee’s or ▇▇▇▇ ▇▇▇▇▇▇’▇ responsibility to provide the Authority with information regarding the lien holder including any change of the ▇▇▇▇ ▇▇▇▇▇▇’▇ contact information. Failure to provide the Authority with such information, including the ▇▇▇▇ ▇▇▇▇▇▇’▇ signed acknowledgement, may result in exclusion of the lien holder from notices and opportunity to cure. In the event the Authority receives a ▇▇▇▇ ▇▇▇▇▇▇’▇ signed acknowledgement, and the Permittee or lien holder furnishes the Authority with the address to which such lien holder desires copies of notices of default to be mailed, the Authority will thereafter mail to such lien holder at the address so given, by certified mail, postage prepaid, return receipt requested, duplicate copies of any and all notices of default required to be sent to Permittee in accordance with Section VI. below, at the same time that such notice is placed in the mail or otherwise delivered to Permittee. Any such lien holder may pay any fees, make any repairs and improvements, or may perform any other act required of Permittee under the terms of this Agreement which may be necessary and proper to be done in the observance of the conditions herein, or to prevent the forfeiture of this Agreement, and all payments so made and things so done and performed by such lien holder shall, if made or done in the time period required under this Agreement, including cure periods, be effective to prevent a forfeiture of the rights of Permittee hereunder as the same would have been if timely done and performed by Permittee.

Lien Holders. In the event this Agreement or the facilities approved hereunder are at any time encumbered by a lien, before Authority shall provide the lien holder with notices and opportunity to cure, Permittee must provide the holder of any such lien with a copy of this Agreement, and such lien holder must provide the Authority a signed acknowledgement that the lien holder is aware of and accepts the terms of this Agreement. It shall be the Permittee’s or ▇▇▇▇ ▇▇▇▇▇▇’▇ responsibility to provide the Authority with information regarding the lien holder including any change of the ▇▇▇▇ ▇▇▇▇▇▇’▇ contact information. Failure to provide the Authority with such information, including the ▇▇▇▇ ▇▇▇▇▇▇’▇ signed acknowledgement, may result in exclusion of the lien holder from notices and opportunity to cure. In the event the Authority receives a ▇▇▇▇ ▇▇▇▇▇▇’▇ signed acknowledgement, and the Permittee or lien holder furnishes the Authority with the address to which such lien holder desires copies of notices of default to be mailed, the Authority will thereafter mail to such lien holder at the address so given, by certified mail, postage prepaid, return receipt requested, duplicate copies of any and all notices of default required to be sent to Permittee in accordance with Section VI. below, at the same time that such notice is placed in the mail or otherwise delivered to Permittee. Any such lien holder may pay any fees, make any repairs and improvements, or may perform any other act required of Permittee under the terms of this Agreement which may be necessary and proper to be done in the observance of the conditions herein, or to prevent the forfeiture of this Agreement, and all payments so made and things so done and performed by such lien holder shall, if made or done in the time period required under this Agreement, including cure periods, be effective to prevent a forfeiture of the rights of Permittee hereunder as the same would have been if timely done and performed by Permittee▇▇▇▇▇▇▇▇▇.