Common use of No Moratoria Clause in Contracts

No Moratoria. No moratorium, statute, regulation, ordinance, legislation, order, judgment, ruling or decree of any governmental agency or of any court shall have been enacted, adopted, issued, entered or pending which is directed specifically at the Project and which would have a material adverse effect on the value of the Project.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Asset Investors Corp), Purchase and Sale Agreement (Asset Investors Corp), Purchase and Sale Agreement (Asset Investors Corp)

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No Moratoria. No moratorium, statute, regulation, ordinance, legislation, order, judgment, ruling or decree of any governmental agency or of any court shall have been enacted, adopted, issued, entered or pending which is directed specifically at the any Project and which would have a material adverse effect on the value of the such Project.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apartment Investment & Management Co)

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No Moratoria. No moratorium, statute, regulation, ordinance, legislation, order, judgment, ruling or decree of any governmental agency or of any court shall have been enacted, adopted, issued, entered or pending which is directed specifically at the any Project and which would have a material adverse effect on the value of the any Project.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apartment Investment & Management Co)

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