Common use of Other Agreements; Defaults Clause in Contracts

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

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Strategic Realty Trust, Inc.), Loan Agreement (Strategic Realty Trust, Inc.)

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Other Agreements; Defaults. Neither Borrower nor Guarantor is a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which might adversely affect, in any material respect, the Project or the business, operations, or condition (financial or otherwise) of Borrower or Guarantorwould reasonably be expected to have a Material Adverse Effect. Neither Borrower nor Guarantor is in violation of any agreement which violation would adversely affect, in any material respect, the Project, Borrower, or Guarantor or Borrower's or Guarantor's business, properties, or assets, operations or condition, financial or otherwisereasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

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

Appears in 1 contract

Samples: Credit and Security Agreement (Edison Schools Inc)

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