Common use of No Change in Condition Clause in Contracts

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since March 31, 1999, which change, in the judgment of the Payment and Disbursement Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group L P /De/)

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No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since March December 31, 19992001, which change, in the judgment of the Payment and Disbursement Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group L P /De/)

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of and its Properties Subsidiaries, taken as a whole, shall have occurred since March December 31, 19991997, which change, in the judgment of the Payment and Disbursement Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loans and Payments of Principal (Prometheus Senior Quarters LLC)

No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since March December 31, 19992003, which change, in the judgment of the Payment and Disbursement Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simon Property Group Inc /De/)

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No Change in Condition. No change in the business, assets, management, operations, financial condition or prospects of the Borrower or any of its Properties shall have occurred since March 31September 30, 19991997, which change, in the judgment of the Payment and Disbursement Agent, will have or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Simon Debartolo Group Inc)

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