Common use of NO ADDITIONAL PROCEEDINGS; TENANT DEFAULTS Clause in Contracts

NO ADDITIONAL PROCEEDINGS; TENANT DEFAULTS. Except for matters as to which Brandywine OP was given written notice by Xxxxxxxx or otherwise had actual knowledge prior to the end of the Study Period, on the Closing Date, there shall be no (a) litigation pending or threatened, seeking (i) to enjoin the consummation of the transactions contemplated hereunder, (ii) to recover title to the Property, or any part thereof or any interest therein, (iii) to increase substantially ad valorem taxes theretofore assessed against any of the Property, (iv) to enjoin the violation of any law, rule, regulation, restrictive covenant or zoning ordinance that may be applicable to the Property, or (v) claiming defaults or other liability of any of the Partnerships under Leases by tenants leasing five percent (5%) or more of the rentable square feet of the Improvements, in the aggregate or (b) monetary default in excess of thirty (30) days for which a written notice of default has been given to a tenant and which constitutes an event of default under, and as defined in, the applicable Lease, or any threatened or reasonably anticipated material default or other material default by tenants leasing five percent (5%) or more of the rentable square feet of the Improvements, in the aggregate.

NO ADDITIONAL PROCEEDINGS; TENANT DEFAULTS. Except for matters as to which Brandywine OP Xxxxxxxx was given written notice by Xxxxxxxx Brandywine OP or otherwise had actual knowledge prior to the end of the Study Period, on the Closing Date, there shall be no (a) litigation pending or threatened, seeking (i) to enjoin the consummation of the transactions contemplated hereunder, (ii) to recover title to the Property, or any part thereof or any interest therein, (iii) to increase substantially ad valorem taxes theretofore assessed against any of the Property, (iv) to enjoin the violation of any law, rule, regulation, restrictive covenant or zoning ordinance that may be applicable to the Property, or (v) claiming defaults or other liability of any of the Partnerships lessor under Leases by tenants leasing five percent (5%) or more of the rentable square feet of the Improvements, in the aggregate or (b) monetary default in excess of thirty (30) days for which a written notice of default has been given to a tenant and which constitutes an event of default under, and as defined in, the applicable Lease, other material default or any threatened or reasonably anticipated material default or other material default by tenants leasing five percent (5%) or more of the rentable square feet of the Improvements, in the aggregate.

NO ADDITIONAL PROCEEDINGS; TENANT DEFAULTS. Except for matters as to which Brandywine OP was given written notice by Xxxxxxxx or otherwise had actual knowledge prior to the end of the Study Period, on the Closing Date, there shall be no (a) litigation pending or threatened, seeking (i) to enjoin the consummation of the transactions contemplated hereunder, (ii) to recover title to the Property, or any part thereof or any interest therein, (iii) to increase substantially ad valorem taxes theretofore assessed against any of the Property, (iv) to enjoin the violation of any law, rule, regulation, restrictive covenant or zoning ordinance that may be applicable to the Property, or (v) claiming defaults or other liability of any of the Partnerships Xxxxxxxx under Leases by tenants leasing five percent (5%) or more of the rentable square feet of the Improvements, in the aggregate or (b) monetary default in excess of thirty (30) days for which a written notice of default has been given to a tenant and which constitutes an event of default under, and as defined in, the applicable Lease, other material default or any threatened or reasonably anticipated material default or other material default by tenants leasing five percent (5%) or more of the rentable square feet of the Improvements, in the aggregate.