Borrower shall give notice, or cause notice to be given, to Lender, promptly upon the occurrence of (a) any event of default (beyond any applicable notice and cure periods contained therein) on the part of Mezzanine A Borrower, Mezzanine A Leasehold Pledgor, any Individual Owner, any Operating Lessee, any SPC Party or any Leasehold Pledgor, under any Major Contract or on the part of Borrower under any Contractual Obligation (if any), or (b) Borrower obtaining knowledge of any default under any Major Contract or Contractual Obligation (if any) that would reasonably be expected to have an to have a material adverse effect on the applicable Individual Property or the use or operation thereof or on Borrower, any Leasehold Pledgor, Mezzanine A Borrower, Mezzanine A Leasehold Pledgor, any Individual Owner, any Operating Lessee or any SPC Party.