No Condemnation or Casualty. Except in connection with a Release Request, there shall not be pending or threatened any condemnation or other taking, whether direct or indirect, against the Mortgaged Property and there shall not have occurred any casualty which has not been previously completely repaired in accordance with the terms of the Loan Documents to any improvements located on the Mortgaged Property, which casualty would have a Material Adverse Effect.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust)
No Condemnation or Casualty. Except in connection with a Release Request or a Substitution Request, there shall not be pending or threatened any condemnation or other taking, whether direct or indirect, against the Mortgaged Property and there shall not have occurred any casualty which has not been previously completely repaired in accordance with the terms of the Loan Documents to any improvements located on the Mortgaged Property, which casualty would have a Material Adverse Effect.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Senior Housing Properties Trust)
No Condemnation or Casualty. Except in connection with a Release Request, there shall not be pending or threatened any condemnation or other taking, whether direct or indirect, against the Mortgaged Property and there shall not have occurred any casualty which has not been previously completely repaired in accordance with the terms of the Loan Documents to any improvements located on the Mortgaged Property, which casualty would have a Material Adverse Effectmaterial adverse effect on the continued operations of such Mortgaged Property.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Emeritus Corp\wa\)
No Condemnation or Casualty. Except with respect to the Release Mortgaged Property in connection with a Release Request or a Substitution Request, there shall not be pending or threatened any condemnation or other taking, whether direct or indirect, against the Mortgaged Property and there shall not have occurred any casualty which has not been previously completely repaired in accordance with the terms of the Loan Documents to any improvements located on the Mortgaged Property, which casualty would have a Material Adverse Effect.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.)
No Condemnation or Casualty. Except in connection with a Release Request, there There shall not be pending or threatened any condemnation or other taking, whether direct or indirect, against the any Mortgaged Property (other than a Release Mortgaged Property subject to a Release Request or Substitution Request) and there shall not have occurred any casualty which has not been previously completely repaired in accordance with the terms of the Loan Documents to any improvements located on the any Mortgaged PropertyProperty (other than a Release Mortgaged Property subject to a Release Request or Substitution Request), which condemnation or casualty would have a Material Adverse Effect.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Newcastle Investment Corp)
