Leases in Good Standing. All Leases are in full force and effect, and there are no defaults thereunder or any defenses or offsets thereto on the part of any tenant.
Appears in 2 contracts
Samples: Rents and Security Agreement (Plasma Therm Inc), Construction Loan Agreement (Plasma Therm Inc)
Leases in Good Standing. All Leases Leases, if any, are in full force and effect, and there are no defaults thereunder or any defenses or offsets thereto on the part of any tenant.
Appears in 2 contracts
Samples: Security Agreement (Thackeray Corp), Security Agreement (Transeastern Properties Inc)