Condemnation; Physical Condition. The Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower or Manager, threatened in writing for the condemnation of the Property. The Property is in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 7 contracts
Samples: Loan Agreement (Starwood Waypoint Homes), Loan Agreement (Colony Starwood Homes), Loan Agreement (Colony Starwood Homes)
Condemnation; Physical Condition. The Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower or Manager, threatened in writing for the condemnation of the Property. The Property is in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 5 contracts
Samples: Loan Agreement (Colony Starwood Homes), Loan Agreement (Colony Starwood Homes), Loan Agreement (American Homes 4 Rent)
Condemnation; Physical Condition. The No Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower or ManagerBorrower, threatened in writing for the condemnation of the Property. The Property is in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 3 contracts
Samples: Loan Agreement (Altisource Residential Corp), Loan Agreement (Altisource Residential Corp), Loan Agreement (Altisource Residential Corp)
Condemnation; Physical Condition. The Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower or ManagerSeller, threatened in writing for the condemnation of the Property. The Property is in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 2 contracts
Samples: Membership Interest Purchase and Sale Agreement (Altisource Residential Corp), Purchase and Sale Agreement (Altisource Residential Corp)
Condemnation; Physical Condition. The Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower Manager or ManagerBorrower, threatened in writing for the condemnation of the Property. The With respect to each Property is then subject to a Lease and each Vacant Property previously subject to a Lease, at the commencement of such Lease, such Property was (and to Borrower’s knowledge continues to be) in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 1 contract
Samples: Loan Agreement (Starwood Waypoint Residential Trust)
Condemnation; Physical Condition. The No Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower or ManagerBorrower, threatened in writing for the condemnation of the Property. The Each Property is in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 1 contract
Samples: Loan Agreement (AG Mortgage Investment Trust, Inc.)
Condemnation; Physical Condition. The Property has not been condemned in whole or in part. No proceeding is pending or, to the knowledge of Borrower or ManagerSellers, threatened in writing for the condemnation of the Property. The Property is in a good, safe and habitable condition and repair, and free of and clear of any damage or waste that has an Individual Material Adverse Effect on the Property.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Altisource Residential Corp)
