Common use of No Defaults under Loan Documents or Other Agreements Clause in Contracts

No Defaults under Loan Documents or Other Agreements. There is, and, until the Lenders have been fully repaid the entire indebtedness evidenced or to be evidenced by the Note, there will be, no default or Event of Default on the part of any Borrower or Guarantor under the Loan Documents or under any other document to which any Borrower or Guarantor is a party and which relates to the ownership, occupancy, use, development, construction or management of any Property; and no Borrower or Guarantor is in default or will be in default in the payment of the principal or interest on any of its indebtedness for borrowed money, and no Borrower or Guarantor is, or will be, in default under any instrument or agreement under and subject to which any indebtedness for borrowed money has been issued or is secured; and no event has occurred, or will occur, which, with the lapse of time or the giving of notice or both, would constitute a default thereunder.

No Defaults under Loan Documents or Other Agreements. There is, and, until the Lenders have Lender has been fully repaid the entire indebtedness evidenced or to be evidenced by the Note, there will be, no default or Event of Default on the part of Borrower, or any Borrower Affiliate, or Guarantor the Guarantors or any of them under the Loan Documents Documents, or under any other material document to which Borrower, or any Borrower Affiliate, or Guarantor is the Guarantors or any of them may be a party and which relates to the ownership, occupancy, use, development, construction or management of any Propertythe Project; and no neither Borrower nor any Affiliate or Guarantor is in default or will be be, in default in the payment of the principal or interest on any of its their respective indebtedness for borrowed money, and no Borrower or Guarantor is, or will be, in default under any instrument or agreement under and subject to which any indebtedness for borrowed money has been issued or is secured; and no event has occurred, or will occur, which, with the lapse of time or the giving of notice or both, would constitute a an event of default thereunder.

No Defaults under Loan Documents or Other Agreements. There is, and, and until the Lenders have Lender has been fully repaid the entire indebtedness evidenced or to be evidenced by the Note, there will be, be no default or Event of Default on the part of any Borrower or Guarantor under the Loan Documents or under any other document to which any Borrower or Guarantor is a party and which relates to the ownership, occupancy, use, development, construction development or management of any Propertythe Project; and no Borrower or and Guarantor is in default or are not as of the Closing Date, and Borrower will be not be, in default in the payment of the principal or interest on any of its their respective indebtedness for borrowed money, and no Borrower or Guarantor isis not, or and will not be, in default under any instrument or agreement under and subject to which any indebtedness for borrowed money has been issued or is secured; , and no event has occurred, or will occur, which, with the lapse of time or the giving of notice or both, would constitute a default thereunderan Event of Default thereunder by Borrower.

No Defaults under Loan Documents or Other Agreements. There is, and, until the Lenders have been fully repaid the entire indebtedness evidenced or to be evidenced by the Note, there will be, no default or Event of Default on the part of any Borrower or Guarantor under the Loan Documents or under any other document to which any Borrower or Guarantor any such Affiliate is a party and which relates to the ownership, occupancy, use, development, construction or management of any the Property; and no neither Borrower or nor Guarantor is in default or will be in default in the payment of the principal or interest on any of its indebtedness for borrowed money, and no Borrower or Guarantor isis not, or and will not be, in default under any instrument or agreement under and subject to which any indebtedness for borrowed money has been issued or is secured; and no event has occurred, or will occur, which, with the lapse of time or the giving of notice or both, would constitute a default an Event of Default thereunder.

No Defaults under Loan Documents or Other Agreements. There is, and, until the Lenders have been fully repaid the entire indebtedness evidenced or to be evidenced by the Note, there will be, no default or Event of Default on the part of any Borrower or any Guarantor under the Loan Documents or under any other document to which any Borrower or any Guarantor is a party and which relates to the ownership, occupancy, use, development, construction or management of any Property; and no Borrower or Guarantor is in default or will be in default in the payment of the principal or interest on any of its indebtedness for borrowed money, and no Borrower or Guarantor is, or will be, in default under any instrument or agreement under and subject to which any indebtedness for borrowed money has been issued or is secured; and no event has occurred, or will occur, which, with the lapse of time or the giving of notice or both, would constitute a default thereunder.