Common use of No Pending Action Clause in Contracts

No Pending Action. There is no action, suit, proceeding or investigation pending, or, to the knowledge of the Advisor, threatened or contemplated before or by any arbitrator, court or other government body, domestic or foreign, against or affecting the Advisor or any subsidiary thereof which is required to be disclosed in the Registration Statement (other than as disclosed therein), or which would reasonably be expected to result in a Material Adverse Effect, or which would reasonably be expected to materially and adversely affect the properties or assets thereof or the consummation of the transactions contemplated by this Agreement. The aggregate of all pending legal or governmental proceedings to which the Advisor or any subsidiary thereof is a party or of which any of its respective properties or assets is the subject which are not described in the Registration Statement, including ordinary routine litigation incidental to the business, would not reasonably be expected to result in a Material Adverse Effect or materially adversely affect other properties or assets of the Advisor or any subsidiary thereof.

Appears in 6 contracts

Samples: Selected Dealer Agreement (Dividend Capital Diversified Property Fund Inc.), Selected Dealer Agreement (Dividend Capital Diversified Property Fund Inc.), Selected Dealer Agreement (Dividend Capital Diversified Property Fund Inc.)

AutoNDA by SimpleDocs

No Pending Action. There is no action, suit, proceeding or investigation pending, or, to the knowledge of the AdvisorCompany, threatened or contemplated before or by any arbitrator, court or other government body, domestic or foreign, against or affecting the Advisor Company or any subsidiary thereof which is required to be disclosed in the Registration Statement (other than as disclosed therein), or which would reasonably be expected to result in a Material Adverse Effect, or which would reasonably be expected to materially and adversely affect the properties or assets thereof or the consummation of the transactions contemplated by this Agreement. The aggregate of all pending legal or governmental proceedings to which the Advisor Company or any subsidiary thereof is a party or of which any of its respective properties or assets is the subject which are not described in the Registration Statement, including ordinary routine litigation incidental to the business, would not reasonably be expected to result in a Material Adverse Effect or materially adversely affect other properties or assets of the Advisor Company or any subsidiary thereof.

Appears in 4 contracts

Samples: Selected Dealer Agreement (Dividend Capital Diversified Property Fund Inc.), Selected Dealer Agreement (Dividend Capital Diversified Property Fund Inc.), Selected Dealer Agreement (Dividend Capital Diversified Property Fund Inc.)

AutoNDA by SimpleDocs

No Pending Action. There Except as disclosed in the Prospectus, there is no action, suit, suit or proceeding or investigation pending, or, to the knowledge of the AdvisorCompany, threatened or contemplated before or by any arbitrator, court or other government body, domestic or foreign, against or affecting the Advisor any Issuer Entity or any respective subsidiary thereof which is required to be disclosed in the Registration Statement (other than as disclosed therein), or which would reasonably be expected to might result in a Material Adverse Effect, or which would reasonably be expected to might materially and adversely affect the properties or assets thereof or the consummation of the transactions contemplated by this Agreement. The aggregate of all pending legal or governmental proceedings to which the Advisor any Issuer Entity or any respective subsidiary thereof is a party or of which any of its their respective properties or assets is the subject which are not described in the Registration Statement, including ordinary routine litigation incidental to the business, would could not reasonably be expected to result in a Material Adverse Effect or materially adversely affect other properties or assets of the Advisor any Issuer Entity or any respective subsidiary thereof.

Appears in 3 contracts

Samples: Selected Dealer Agreement (Cb Richard Ellis Realty Trust), Selected Dealer Agreement (CNL Lifestyle Properties Inc), Selected Dealer Agreement (Cb Richard Ellis Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!