Common use of No Adverse Condition Clause in Contracts

No Adverse Condition. To Seller's knowledge, the Real Property is not subject to any material adverse geologic problem or soil condition and, over the past five years, the Real Property has not experienced any material damage from earthquakes, floods, earth subsidence or other similar occurrence of any nature which has not been substantially restored, repaired or corrected. Since the Cut-Off Date, there has been no material adverse event or changes affecting the Real Property, or any part or portion thereof.

No Adverse Condition. To Seller's knowledge, the Real Property is not subject to any material adverse geologic problem or soil condition and, over the past five years, the Real Property has not experienced any material damage from earthquakes, floods, earth subsidence or other similar occurrence of any nature which has not been substantially restored, repaired or corrected. Since the Cut-Off Date, there has been no material adverse event or changes affecting the Ground Lease or the Real Property, or any part or portion thereof.