Litigation; Proceedings. There shall not have been instituted or threatened any litigation or proceeding in any court or Governmental Authority affecting or threatening to affect Borrower or the Property which has a Material Adverse Effect.
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Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Litigation; Proceedings. There shall not have been instituted or threatened threatened, any litigation or proceeding in any court or before any Governmental Authority affecting or threatening to affect Borrower or the Property which has REIT which, if adversely determined, would have a Material Adverse Effect.Effect on Borrower or the REIT; and
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Litigation; Proceedings. There shall not have been instituted or threatened any litigation or proceeding in any court or before any Governmental Authority affecting or threatening to affect Borrower or the Property REIT which has a Material Adverse EffectEffect on Borrower or the REIT, as reasonably determined by Lender.
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