Common use of Material Adverse Agreements Clause in Contracts

Material Adverse Agreements. Neither the Borrower nor the REIT is a party to or subject to any Contractual Obligation or other restriction contained in the Borrower's limited partnership agreement or certificate of limited partnership, the REIT's Articles of Incorporation or bylaws or similar governing documents which has a Material Adverse Effect on Borrower or the ability of Borrower to perform its obligations under the Loan Documents.

Appears in 6 contracts

Samples: Credit Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp), Term Loan Agreement (Chelsea Gca Realty Partnership Lp)

AutoNDA by SimpleDocs

Material Adverse Agreements. Neither the Borrower nor the REIT is a party to or subject to any Contractual Obligation or other restriction contained in the Borrower's ’s limited partnership agreement or certificate of limited partnership, the REIT's ’s Articles of Incorporation or bylaws or similar governing documents which has a Material Adverse Effect on Borrower or the ability of Borrower to perform its obligations under the Loan Documents.

Appears in 1 contract

Samples: Term Loan Agreement (Chelsea Property Group Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!