Common use of Other Agreements; Defaults Clause in Contracts

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on the Project, Borrower, or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 6 contracts

Samples: Mortgage Modification Agreement (Acadia Realty Trust), Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Campus Crest Communities, Inc.)

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Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on the Project, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 5 contracts

Samples: Loan Agreement (Cornerstone Core Properties REIT, Inc.), Loan Agreement (Cornerstone Core Properties REIT, Inc.), Loan Agreement (Cedar Income Fund LTD /Md/)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the any Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on the any Project, Borrower, or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 4 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect any of the Project Properties or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on any of the ProjectProperties, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 3 contracts

Samples: Loan Agreement (Equity Inns Inc), Loan Agreement (Equity Inns Inc), Loan Agreement (Equity Inns Inc)

Other Agreements; Defaults. Neither None of Borrower nor or any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the any Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither None of Borrower nor or any Borrower Party is in violation of any agreement which violation would could reasonably be expected to have an adverse effect a Material Adverse Effect on the Project, Borrower, Borrower or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 2 contracts

Samples: Loan Agreement (Summit Healthcare REIT, Inc), Loan Agreement (Cornerstone Core Properties REIT, Inc.)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the a Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on the a Project, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on the Project, Borrower, or a material adverse effect on any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 2 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Maguire Properties Inc)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the in any material respect any Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect in any material respect on the any Project, Borrower, or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

Other Agreements; Defaults. Neither any Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might materially adversely affect any of the Project Properties or the business, operations, or condition (financial or otherwise) of any Borrower or any Borrower Party. Neither any Borrower nor any Borrower Party is in violation of any agreement which violation would have an a material adverse effect on any of the ProjectProperties, Borrower, any Borrower or any Borrower Party or Party, any Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 2 contracts

Samples: Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Sunstone Hotel Investors, Inc.)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might materially and adversely affect the Project Property or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a material and adverse effect on the ProjectProperty, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 2 contracts

Samples: Loan Agreement (Lasalle Hotel Properties), Loan Agreement (Lasalle Hotel Properties)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might materially adversely affect the Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a material adverse effect on the Project, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Angeles Partners Xi)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any the Borrower Party is in violation of any agreement which violation would have an adverse effect on the Project, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Windrose Medical Properties Trust)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might materially adversely affect the Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a material adverse effect on the Project, Borrower, or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Winston Hotels Inc)

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Other Agreements; Defaults. Neither None of Borrower nor or any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the a Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither None of Borrower nor any Borrower Party is in violation of any agreement which violation would could reasonably be expected to have an adverse effect a Material Adverse Effect on the Project, Borrower, Borrower or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Cornerstone Core Properties REIT, Inc.)

Other Agreements; Defaults. Neither Borrower nor any Borrower -------------------------- Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the any Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a materially adverse effect on the any Project, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Center Trust Inc)

Other Agreements; Defaults. Neither any Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the Project Mortgaged Property or the business, operations, or condition (financial or otherwise) of any Borrower or any Borrower Party. Neither any Borrower nor any Borrower Party is in violation of any agreement which violation would have an adverse effect on the ProjectMortgaged Property, any Borrower, or any Borrower Party or any Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (HMG Courtland Properties Inc)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might materially adversely affect the Project Portfolio, any Property, or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a material adverse effect on the ProjectPortfolio, any Property, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Shurgard Storage Centers Inc)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, permit or restriction which might materially and adversely affect the Project or the Condominium Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a material adverse effect on the Project, Borrowerthe Condominium Project, Borrower or any Borrower Party or Borrower’s or any Borrower Party’s business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Bluerock Residential Growth REIT, Inc.)

Other Agreements; Defaults. Neither Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect the any Project or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower Party. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a materially adverse effect on the any Project, Borrower, or any Borrower Party or Borrower’s 's or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Center Trust Inc)

Other Agreements; Defaults. Neither --------------------------- Borrower nor any Borrower Party is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might materially adversely affect any of the Project Properties or the business, operations, or condition (financial or otherwise) of Borrower or any Borrower PartyBorrower. Neither Borrower nor any Borrower Party is in violation of any agreement which violation would have an a materially adverse effect on any of the ProjectProperties, Borrower, or any Borrower Party or Borrower’s or any Borrower Party’s 's business, properties, or assets, operations or condition, financial or otherwise.. SECTION 8.7

Appears in 1 contract

Samples: Loan Agreement (Winston Hotels Inc)

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