Common use of No Default; Representations Clause in Contracts

No Default; Representations. Both before and after giving effect to the Closing, there shall be no Default under the Loan Documents, and each representation and warranty made by Borrower and each Guarantor pursuant to the Loan Documents shall be true and correct in all material respects.

Appears in 5 contracts

Samples: Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc)

AutoNDA by SimpleDocs

No Default; Representations. Both before and after giving effect to the Closing, there shall be no Default under the Loan Documents, and each Default. Each representation and warranty made by Borrower and each Guarantor pursuant to the Loan Documents shall be true and correct in all material respects.

Appears in 3 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement

No Default; Representations. Both before and after giving effect to the Closing, there shall be no Default under the Loan DocumentsDocuments (except for the Existing Defaults prior to giving effect to the waiver in Section 4.1), and each representation and warranty made by Borrower and each Guarantor pursuant to the Loan Documents shall be true and correct in all material respects.

Appears in 2 contracts

Samples: Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc)

No Default; Representations. Both before and after giving effect to the Closingclosing, there shall be no Default default or event of default under the Loan Documents, and each . Each representation and warranty made by Borrower and each Guarantor pursuant to the Loan Documents shall be true and correct in all material respects.

Appears in 2 contracts

Samples: Loan Agreement (Condor Hospitality Trust, Inc.), Loan Agreement (Condor Hospitality Trust, Inc.)

AutoNDA by SimpleDocs

No Default; Representations. Both before and after giving effect to the Closing, there shall be no Default under the Loan DocumentsDocuments (other than the Existing Defaults), and each representation and warranty made by Borrower and each Guarantor pursuant to the Loan Documents shall be true and correct in all material respects.

Appears in 1 contract

Samples: Loan Waiver and Collateral Agreement (Supertel Hospitality Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.