Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, against Seller that would materially and adversely affect Seller’s ability to perform its obligations under this Agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Zoned Properties, Inc.), Purchase and Sale Agreement (Piedmont Office Realty Trust, Inc.)
Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, actually filed against Seller the Purchaser that would materially and adversely affect Seller’s ability to perform (i) prevent Purchaser from performing its obligations under this Agreement, or (ii) materially and adversely affect the operation or value of the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.)
Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, actually filed against Seller that would materially and adversely affect Seller’s ability to perform (i) prevent Seller from performing its obligations under this Agreement, or (ii) materially and adversely affect the operation or value of the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.)
Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, against Seller or the Subsidiary that would materially and adversely affect Seller’s ability to perform its obligations under this Agreement.;
Appears in 1 contract
Samples: Partnership Interests Purchase and Sale Agreement (Dividend Capital Total Realty Trust Inc.)
Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, actually filed against the Seller that would materially and adversely affect Seller’s ability to perform (i) prevent the Seller from performing its obligations under this Agreement., or (ii) except for any matters disclosed to Buyer in the Property Documents, materially and adversely affect the operation or value of the Property;
Appears in 1 contract
Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)
Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, actually filed against Seller the Buyer that would materially and adversely affect Seller’s ability to perform prevent the Buyer from performing its obligations under this Agreement.; and
Appears in 1 contract
Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)
Actions, Suits, etc. There shall exist no pending or threatened actions, suits, arbitrations, claims, attachments, proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings, against Seller that would materially and adversely affect Seller’s ability to perform its obligations under this Agreement.. Purchase and Sale Agreement – 5000 Xxxxxxxxxxxx Xxxxx
Appears in 1 contract
