Common use of Compliance with ERISA and State Statutes on Governmental Plans Clause in Contracts

Compliance with ERISA and State Statutes on Governmental Plans. (a) Mortgagee represents and warrants to Mortgagor that, as of the date of this Mortgage and throughout the term of this Mortgage, the source of funds from which Mortgagee extends this Mortgage is its general account, which is subject to the claims of its general creditors under state law.

Appears in 6 contracts

Samples: Rents and Security Agreement (FSP 303 East Wacker Drive Corp.), Leases and Rents and Security Agreement and Fixture Filing (Inland Diversified Real Estate Trust, Inc.), Leases and Rents and Security Agreement (Dm Management Co /De/)

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Compliance with ERISA and State Statutes on Governmental Plans. (a) Mortgagee represents and warrants to Mortgagor that, as of the date of this Mortgage and throughout the term of this Mortgage, the source of funds from which Loan No. 6518370 Mortgagee extends this Mortgage is its general account, which is subject to the claims of its general creditors under state law.

Appears in 1 contract

Samples: Mortgage (Inland Western Retail Real Estate Trust Inc)

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