Common use of Illegal Activity Clause in Contracts

Illegal Activity. To Borrower's knowledge, no portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 27 contracts

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

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Illegal Activity. To Borrower's ’s knowledge, no portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 18 contracts

Samples: Loan Agreement (Highlands REIT, Inc.), Loan Agreement (Highlands REIT, Inc.), Loan Agreement (Highlands REIT, Inc.)

Illegal Activity. To Borrower's knowledge, no No portion of the Property has been or will be purchased by Borrower with proceeds of any illegal activity.

Appears in 10 contracts

Samples: Loan Agreement (Washington Prime Group, L.P.), Loan Agreement, Loan Agreement (Vici Properties Inc.)

Illegal Activity. To the best of Borrower's knowledge, no portion of the Property has been or will be purchased purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to controlled substance at the Property.

Appears in 7 contracts

Samples: Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust), Mortgage and Security Agreement (Pennsylvania Real Estate Investment Trust)

Illegal Activity. To Borrower's knowledgeKnowledge, no portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 6 contracts

Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)

Illegal Activity. To Borrower's knowledge, no portion of the any Individual Property has been or will be purchased with proceeds of any illegal activity.

Appears in 2 contracts

Samples: Loan Agreement (Inland Real Estate Corp), Loan Agreement (Inland Real Estate Corp)

Illegal Activity. To Borrower's knowledge’s Knowledge, no portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 2 contracts

Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)

Illegal Activity. To Borrower's knowledge, no No portion of the Property has been or will be purchased by Borrower with proceeds of any illegal activity.

Appears in 2 contracts

Samples: Loan Agreement (Hersha Hospitality Trust), Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

Illegal Activity. To Borrower's knowledge, no No portion of the Property has been or to Borrower’s knowledge nor will be purchased by Borrower with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Illegal Activity. To Borrower's ’s knowledge, no portion of the Property has been or will be purchased purchased, improved, equipped or fixtured with proceeds of any illegal activity, and no part of the proceeds of the Loan will be used in connection with any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Gladstone Commercial Corp)

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Illegal Activity. To Borrower's knowledge, no portion of the its Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

Illegal Activity. To the best of Borrower's knowledge, knowledge no portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Illegal Activity. To Borrower's knowledge, no No portion of the Property has Properties have been or will be purchased by Borrower with proceeds of any illegal activity, and no part of the proceeds of the Loan will be used in connection with any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Capital Lodging)

Illegal Activity. To Borrower's knowledgeKnowledge, no portion of the any Individual Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Illegal Activity. To Borrower's ’s knowledge, no portion of the Property has been or will be purchased was acquired with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Hudson Pacific Properties, Inc.)

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