No Bankruptcy Filing. No Borrower or Operating Lessee is contemplating either the filing of a petition under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s assets or property, and no Borrower or Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against any Borrower or Operating Lessee.
Appears in 13 contracts
Samples: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
No Bankruptcy Filing. No Neither Borrower or nor Operating Lessee is contemplating either the filing of a petition by it under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s its assets or property, and no . Neither Borrower or nor Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against it. During the ten year period preceding the Closing Date, no petition in bankruptcy has been filed by or against any Borrower Required SPE or Operating LesseeSponsor and no such Persons have been convicted of a felony.
Appears in 3 contracts
Samples: Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Chesapeake Lodging Trust)
No Bankruptcy Filing. No Borrower or Operating Lessee is contemplating either the filing of a petition under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s 's assets or property, and no Borrower or Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against any Borrower or Operating Lessee.
Appears in 3 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
No Bankruptcy Filing. No Each of Borrower or and Operating Lessee is not contemplating either the filing of a petition by it under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s its assets or property, and it has no Borrower or Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against any Borrower or Operating Lesseeit.
Appears in 2 contracts
Samples: Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)
No Bankruptcy Filing. No Neither Borrower or nor Operating Lessee has filed, and neither Borrower nor Operating Lessee is contemplating either the filing of of, a petition by it under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s its assets or property, and no neither Borrower or nor Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against any Borrower or Operating Lesseeit.
Appears in 2 contracts
Samples: Management Agreement (Ashford Hospitality Prime, Inc.), Assignment and Assumption Agreement (Supertel Hospitality Inc)
No Bankruptcy Filing. No Neither Borrower or nor Operating Lessee is contemplating either the filing of a petition under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s assets or property, and no Borrower or Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against any Borrower or Operating Lessee.
Appears in 1 contract
No Bankruptcy Filing. No Neither Borrower or nor any Operating Lessee is contemplating either the filing of a petition by it under any state or federal bankruptcy or insolvency laws or the liquidation of all or a major portion of any Borrower’s its assets or property, and no . Neither Borrower or nor any Operating Lessee has any knowledge of any Person contemplating the filing of any such petition against any Borrower or Operating Lesseeit.
Appears in 1 contract
Samples: Management Agreement (American Casino & Entertainment Properties LLC)
