Common use of No Condemnation Proceeding Clause in Contracts

No Condemnation Proceeding. None of the Borrower nor any of its Material Subsidiaries has received any notice, or has any knowledge, of any pending, threatened or contemplated condemnation or other Legal Proceeding affecting any real property owned or leased by the Borrower or any of its Material Subsidiaries or any part thereof, except those which, in the aggregate, would have no Material Adverse Effect.

Appears in 2 contracts

Samples: Subordinated Credit Agreement (National Steel Corp), Security Agreement (National Steel Corp)

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No Condemnation Proceeding. None of the Borrower nor or any of its Material Subsidiaries has received any notice, or has any knowledge, of any pending, threatened or contemplated condemnation proceeding or other Legal Proceeding affecting any real property Real Estate owned or leased by the Borrower or any of its Material Subsidiaries or any part thereof, except those which, in the aggregate, would not have no a Material Adverse Effect.

Appears in 2 contracts

Samples: Pledge and Security Agreement (National Steel Corp), Credit Agreement (National Steel Corp)

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No Condemnation Proceeding. None of the Borrower nor or any of its Material Subsidiaries has received any notice, or has any knowledge, of any pending, threatened or contemplated condemnation proceeding or other Legal Proceeding affecting any real property Real Property owned or leased by the Borrower or any of its Material Subsidiaries or any part thereof, except those which, in the aggregate, would not have no a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (National Steel Corp)

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