Existing Loans. Section 4.II(ee) of the Disclosure Letter sets forth financings encumbering the properties (the “Existing Loans”), including in each case the names of the lender and borrower thereunder and the outstanding principal balance as of the date that is six months prior to the Closing Date. With respect to each Existing Loan, (i) the lender has not declared in writing a default or event of default, (ii) the lender has not brought any claim in writing under any guaranty and (iii) to Owner’s Knowledge, no event has occurred which, after the giving of notice, with lapse of time, or otherwise, would constitute a monetary default or a material non-monetary default by the borrower thereunder or give rise to any material claims by the lender under any guaranties provided with respect thereto. Complete (in all material respects) copies of the Existing Loan Documents have been made available to the Operating Partnership.
Appears in 9 contracts
Samples: Option Agreement (Empire State Realty Trust, Inc.), Option Agreement (Empire State Realty Trust, Inc.), Option Agreement (Empire State Realty Trust, Inc.)
