Common use of Governmental Plan Clause in Contracts

Governmental Plan. No Borrower is or will be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers are not and will not be subject to state statutes applicable to the Borrowers' regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Lodgian Inc), Mezzanine Loan Agreement (Lodgian Inc)

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Governmental Plan. No The Borrower is or not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers Borrower are not and will not be subject to state statutes applicable to the Borrowers' Borrower's regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Lodgian Inc), Mezzanine Loan Agreement (Lodgian Inc)

Governmental Plan. No Borrower is or not and will not be a "governmental plan" (within the meaning of Section 3(32) of ERISA ERISA) and transactions by or with the Borrowers Borrower are not and will not be subject to state statutes applicable to the Borrowers' Borrower regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Governmental Plan. No Borrower is or not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers Borrower are not and will not be subject to state statutes applicable to the Borrowers' Borrower's regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Samples: Loan and Security Agreement (HRPT Properties Trust)

Governmental Plan. No Borrower is or will be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers are not and will not be subject to state statutes applicable to the Borrowers' Borrowers regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Samples: Loan and Security Agreement (HRPT Properties Trust)

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Governmental Plan. No Borrower is or Borrowers are not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers Borrower are not and will not be subject to state statutes applicable to the Borrowers' Borrowers regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Samples: Loan and Security Agreement (Education Realty Trust, Inc.)

Governmental Plan. No Borrower is or not and will not be a "β€œgovernmental plan" ” within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers Borrower are not and will not be subject to state statutes applicable to the Borrowers' such Borrowers regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Realty Trust, Inc.)

Governmental Plan. No Borrower is or not and will not be a "governmental ----------------- plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers Borrower are not and will not be subject to state statutes applicable to the Borrowers' Borrower regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Samples: Loan and Security Agreement (Ventas Inc)

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