Common use of No Obligation to Notify Clause in Contracts

No Obligation to Notify. Trustee shall be under no obligation to notify any party hereto of any action or proceeding of any kind in which Trustor, Beneficiary and/or Trustee shall be a party, unless brought by Trustee, or of any pending sale under any other deed of trust.

Appears in 3 contracts

Sources: Secured Super Priority Post Petition Credit Agreement (First Capital Real Estate Trust Inc), Loan Agreement (Lam Research Corp), Subordinated Deed of Trust (Kaiser Ventures Inc)