Common use of Notice from Lender Clause in Contracts

Notice from Lender. Lender shall have ten (10) days from the date of receipt of all of the information required to be delivered to Lender under Section 8.10.1 above (the "Offer Period"), to notify Borrower in writing of Lender's interest in purchase the Property or such part thereof on the same material terms and conditions as are set forth in the Offer. If Lender gives notice to Borrower during the Offer Period that Lender does not desire to purchase the Property or such part thereof, or if Lender fails to respond within the Offer Period, Borrower shall have one hundred and twenty (120) days from the date of receipt by Borrower of such notice from Lender or the expiration of the Offer Period if Lender fails to respond, as the case may be (the "Closing Period"), to close such sale on the same material terms as contained in the Offer.

Notice from Lender. Lender shall have ten (10) days from the date of receipt of all of the information required to be delivered to Lender under Section 8.10.1 8.6.1 above (the "Offer Period"), to notify Borrower in writing of Lender's interest in purchase providing the Property or such part thereof Permanent Financing on the same material terms and conditions as are set forth in the Offer and which are no less favorable to Borrower than those contained in the Offer. If Lender gives notice to Borrower during the Offer Period that Lender does not desire to purchase provide the Property or such part thereofPermanent Financing, or if Lender fails to respond within the Offer Period, Borrower shall have one hundred and twenty (120) days from the date of receipt by Borrower of such notice from Lender or the expiration of the Offer Period if Lender fails to respond, as the case may be (the "Closing Period"), to close such sale the Permanent Financing on the same material terms as contained in the Offer.

Notice from Lender. Lender shall have ten (10) days from the date of receipt of all of the information required to be delivered to Lender under Section 8.10.1 above (the "Offer Period"), to notify such Individual Borrower in writing of Lender's interest in purchase the purchasing such Individual Property or such part thereof on the same material terms and conditions as are set forth in the Offer. If Lender gives notice to such Individual Borrower during the Offer Period that Lender does not desire to purchase the such Individual Property or such part thereof, or if Lender fails to respond within the Offer Period, such Individual Borrower shall have one hundred and twenty (120) days from the date of receipt by such Individual Borrower of such notice from Lender or the expiration of the Offer Period if Lender fails to respond, as the case may be (the "Closing Period"), to close such sale on the same material terms as contained in the Offer.