Common use of No Litigation or Defaults Clause in Contracts

No Litigation or Defaults. There are no actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Project, or involving the validity or enforceability of the Loan Documents or the priority of the lien thereof, at law or in equity; and Borrower is not in default under any order, writ, injunction, decree or demand of any court or any administrative body having jurisdiction over Borrower.

No Litigation or Defaults. There are no actions, suits suits, or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Project, or involving the validity or enforceability of the Loan Documents or the priority of the lien thereof, at law or in equity; and Borrower is not in default under any order, writ, injunction, decree decree, or demand of any court or any administrative body having jurisdiction over Borrower.

No Litigation or Defaults. There are no actions, suits or proceedings pending or, to the knowledge of Borrower, threatened against or affecting Borrower or the Project, in which an adverse result would have a material adverse impact upon Borrower or involving the validity or enforceability of the Loan Documents or the priority of the lien thereof, at law or in equity; and Borrower is not in default under any order, writ, injunction, decree or demand of any court or any administrative body having jurisdiction over Borrower.

No Litigation or Defaults. There are no actions, suits or proceedings pending or, to the knowledge of the Borrower, threatened against or affecting Borrower or the any Project, or involving the validity or enforceability of the Loan Documents or the priority of the lien Lien thereof, at law or in equity; and Borrower is not in default under any order, writ, injunction, decree or demand of any court or any administrative body having jurisdiction over Borrower."