Common use of Notices to Owner Clause in Contracts

Notices to Owner. Manager shall promptly notify Owner in writing if Manager becomes aware of any of the following: (a) (intentionally omitted); (b) any default or alleged default by Owner under any lease; (c) any litigation or potential litigation affecting the Property or Owner, or any litigation affecting Manager that could reasonably be expected to have a material and adverse effect on Manager; (d) any casualty, loss, injury, claim or other event relating to the Property that might result in a claim under any applicable insurance policies; (e) any actual or threatened condemnation of the Property or any portion thereof; (f) any violation of any Legal Requirements or Insurance Requirements, or any violation of same which is alleged in writing or orally by the authority with jurisdiction thereover; (g) any involuntary lien filed against the Property; and (h) any material increases or decreases in costs, expenses or income not reflected in the Approved Annual Business Plan.