Common use of Condemnation or Casualty Clause in Contracts

Condemnation or Casualty. There are no proceedings pending, or, to the best of Borrower's knowledge, threatened, to acquire through the exercise of any power of condemnation, eminent domain or similar proceeding any part of the Property, the Improvements or any interest therein, or to enjoin or similarly prevent or restrict the use of the Property or the operation of the Facility in any manner. None of the Improvements is subject to any unrepaired casualty or other damage.

Appears in 3 contracts

Samples: Loan Agreement (Ensign Group, Inc), Loan Agreement (Advocat Inc), Loan Agreement (Advocat Inc)

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Condemnation or Casualty. There are no proceedings pending, or, to the best of Borrower's ’s knowledge, threatened, to acquire through the exercise of any power of condemnation, eminent domain or similar proceeding any part of the PropertyLand, the Improvements or any interest therein, or to enjoin or similarly prevent or restrict the use of the Property Land and/or the Improvements or the operation of the Facility in any manner. None of the Improvements is subject to any unrepaired casualty or other damage.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

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Condemnation or Casualty. There are no proceedings pending, or, to the best of Borrower's knowledge, threatened, to acquire through the exercise of any power of condemnation, eminent domain or similar proceeding any part of the Property, the Improvements or any interest therein, or to enjoin or similarly prevent or restrict the use of the Property or the operation of the any Facility in any manner. None of the Improvements is subject to any unrepaired casualty or other damage.

Appears in 2 contracts

Samples: Loan Agreement (Advocat Inc), Loan Agreement (Advocat Inc)

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