Example ContractsClausesabandonment noticeVariants
Abandonment Notice
Abandonment Notice contract clause examples

Investor Abandonment; Lien Priority. (a) Bank determines, in its good faith judgment, that it is the clear intention of Borrower’s investors to not continue to fund the Borrower in the amounts and timeframe necessary to enable Borrower to satisfy its financial obligations as they become due and payable; or # there is a material impairment in the priority of Bank’ s security interest in the Collateral;

Investor Abandonment; Priority of Security Interest. (i) Agent and determine in their good faith business judgment that it is the clear intention of Borrower’s investors to not continue to fund Borrower in the amounts and timeframe necessary to enable Borrower to satisfy the Obligations as they become due and payable; or # there is a material impairment in the priority of Agent’s or ’ security interest in the Collateral..

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.