Common use of Absence of Violation Clause in Contracts

Absence of Violation. The proposed transfer shall not result in any violation of the covenants of the Loan Documents relating to the management of the Real Property, applicable legal requirements relating to OFAC and Legal Control of the Borrower.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.)

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Absence of Violation. The proposed transfer shall not result in any violation of the covenants of the Loan Documents relating to the management of the Real Property, applicable legal requirements relating to OFAC and Legal Control of the Borrower and the Related Borrower.

Appears in 1 contract

Samples: Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.)

Absence of Violation. The proposed transfer shall not result in any violation of the covenants of the Loan Documents relating to the management of the Real Property, applicable legal requirements relating to OFAC OFAC, and Legal Control of the Borrower.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.)

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Absence of Violation. The proposed transfer shall not result in any violation of the covenants of the Loan Documents relating to the management of the Real Property, applicable legal requirements relating to OFAC Property and Legal Control of the Borrower.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)

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