Common use of Liens, Attachment; Condemnation Clause in Contracts

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property or Improvements or the service on Lender of any bonded stop notice relating to the Loan and the continuance of such claim of lien or bonded stop notice for twenty (20) Business Days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Lender; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or Improvements; or (iii) the sequestration or attachment of, or any levy or execution upon any of the Property or Improvements, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien Lien against the Property or Improvements or the service on Administrative Agent or any Lender of any bonded stop notice relating to the Loan and the continuance of such claim of lien Lien or bonded stop notice for twenty (20) Business Days days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to LenderAdministrative Agent; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or ImprovementsProperty; or (iii) the sequestration or attachment of, or any levy or execution upon any of the Property or ImprovementsProperty, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien Lien against the Property or Improvements or the service on Lender of any bonded stop notice relating to the Loan and the continuance of such claim of lien Lien for forty-five (45) days after such recording or bonded stop notice for twenty service or thirty (2030) Business Days calendar days after Borrower’s knowledge, whichever occurs first, without discharge, satisfaction or other provision for payment being made by Borrower in a manner satisfactory to Lenderas required by Section 4.10; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or Improvements; or (iii) the sequestration or attachment of, or any levy or execution upon any material portion of the Property or ImprovementsProperty, any other material collateral provided by Borrower under any of the Loan Documents, any monies in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property or Improvements or the service on Lender of any bonded stop notice relating to the Loan Collateral and the continuance of such claim of lien or bonded stop notice for twenty (20) Business Days days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Lender; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or ImprovementsCollateral; or (iii) the sequestration or attachment of, or any SECOND AMENDED AND RESTATED LOAN AGREEMENT - Page 35 levy or execution upon any of the Property or ImprovementsCollateral, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Borrower’s Funds Account, Account or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days thereafter or the sale of the assets affected thereby; or.

Liens, Attachment; Condemnation. (i) The recording of any claim of lien against the Property Development or Improvements or the service on Lender the Agency of any bonded stop notice relating to the SNHP Loan and the continuance of such claim of lien or bonded stop notice for twenty (20) Business Days days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to Lenderthe Agency; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property Development or Improvements; or (iii) the sequestration or attachment of, or any levy or execution upon any of the Property Development or Improvements, any other collateral provided by Borrower under any of the SNHP Loan Documents, any monies in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien Lien against the Property or Improvements or the service on Lender of any bonded stop notice relating to the Loan Real Estate Asset and the continuance of such claim of lien or bonded stop notice Lien for twenty forty-five (2045) Business Days days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to LenderAdministrative Agent; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or Improvementsany Real Estate Asset that would be reasonably likely to have a Material Adverse Effect; or (iii) the sequestration or attachment of, or any levy or execution upon any of the Property or ImprovementsReal Estate Assets, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Borrower’s Funds Account, or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty forty-five (3045) days or the sale of the assets affected thereby; or

Liens, Attachment; Condemnation. (i) The recording of any claim of lien Lien (other than a Permitted Lien) against the Property or Improvements or the service on Administrative Agent or any Lender of any bonded stop notice relating to the Loan and the continuance of such claim of lien Lien or bonded stop notice for twenty (20) Business Days days without discharge, satisfaction or provision for payment being made by Borrower in a manner satisfactory to LenderAdministrative Agent; or (ii) the condemnation, seizure or appropriation of, or occurrence of an uninsured casualty with respect to any material portion of the Property or ImprovementsProperty; or (iii) the sequestration or attachment of, or any levy or execution upon any of the Property or ImprovementsProperty, any other collateral provided by Borrower under any of the Loan Documents, any monies in the Borrower’s Funds Account, Documents or any substantial portion of the other assets of Borrower, which sequestration, attachment, levy or execution is not released, expunged or dismissed prior to the earlier of thirty (30) days or the sale of the assets affected thereby; or