No Contractual Defaults. There are no material defaults by Guarantor or, to the knowledge of Guarantor, by any other Person under any contract to which Guarantor is a party other than defaults which do not have, and are not reasonably be expected to have, a Material Adverse Effect on Guarantor. Neither Guarantor nor, to the knowledge of Guarantor, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any contracts, which default would have, or which may reasonably be expected to have, a Material Adverse Effect on Guarantor.
Appears in 9 contracts
Samples: Master Credit Facility Agreement (Sun Communities Inc), Guaranty (VMS National Properties Joint Venture), Guaranty (VMS National Properties Joint Venture)
No Contractual Defaults. There are no material defaults by Guarantor or, to the knowledge of Guarantor, by any other Person under any contract to which Guarantor is a party other than defaults which do not permit the non-defaulting party to terminate the contract or which do not have, and are not reasonably be expected to have, a Material Adverse Effect on Guarantor. Neither Guarantor nor, to the knowledge of Guarantor, any other Person, has received notice or has any knowledge of any existing circumstances in respect of which it could receive any notice of default or breach in respect of any material contracts, which default would have, or which may reasonably be expected to have, a Material Adverse Effect on Guarantor.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Colonial Properties Trust)
