Common use of Condemnation and Casualty Clause in Contracts

Condemnation and Casualty. No Condemnation has been commenced or, to Borrower’s Knowledge, is contemplated with respect to all or any material portion of the Mortgaged Property. No portion of the Mortgaged Property has been materially damaged as a result of any Casualty.

Appears in 4 contracts

Samples: Credit Agreement (Station Casinos Inc), Junior Mezzanine Credit Agreement (Technical Olympic Usa Inc), Senior Mezzanine Credit Agreement (Technical Olympic Usa Inc)

AutoNDA by SimpleDocs

Condemnation and Casualty. No Condemnation has been commenced or, to Borrower’s Knowledgethe Knowledge of the Loan Parties, is contemplated with respect to all or any material portion of the Mortgaged Property. No portion of the Mortgaged Property has been materially damaged as a result of any Casualty.

Appears in 1 contract

Samples: Credit Agreement (Station Casinos LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!