Common use of No Material Actions, Suits or Proceedings Clause in Contracts

No Material Actions, Suits or Proceedings. Except as disclosed in the General Disclosure Package, there is no action, suit or proceeding before or brought by any court or governmental agency or body, domestic or foreign, now pending, or, to the knowledge of the Company, threatened, against or affecting the Company or any of its subsidiaries, which is required to be disclosed in the Registration Statement or the Prospectus, or which might reasonably be expected, if determined adversely to the Company or any of its subsidiaries, to result in a Material Adverse Effect, or which might reasonably be expected to materially and adversely affect the Properties owned by the Company or any of its subsidiaries or any other real properties owned by the Company or any of its subsidiaries or assets thereof or the consummation of the transactions contemplated in this Agreement or the performance by the parties of their obligations hereunder.