Common use of Other Agreements; Defaults Clause in Contracts

Other Agreements; Defaults. Borrower is not a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which would cause a Material Adverse Effect. Borrower is not in violation of any agreement to which it is a party which violation would have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc)

AutoNDA by SimpleDocs

Other Agreements; Defaults. Borrower is not a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which would cause a Material Adverse Effectmight adversely affect the business, operations, or condition (financial or otherwise) of Borrower. Borrower is not in violation of any agreement to which it is a party which violation would have a Material Adverse Effectan adverse effect on Borrower, or Borrower's business, properties, or assets, operations or condition, financial or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Jerrick Media Holdings, Inc.)

Other Agreements; Defaults. Borrower is not a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which would cause a Material Adverse Effect(i) might adversely affect the Property or the business, operations, or condition (financial or otherwise) of Borrower, or (ii) grants any Person an option to purchase all or any portion of the Property. Borrower is not in violation of any agreement to which it is a party which violation would have a Material Adverse Effectan adverse effect on the Property or Borrower or the business, properties, or assets, operations or condition (financial or otherwise) of Borrower.

Appears in 1 contract

Samples: Fixed Rate Term Loan Agreement (RREEF Property Trust, Inc.)

AutoNDA by SimpleDocs

Other Agreements; Defaults. Borrower is not a party to any agreement or instrument or subject to any court order, injunction, permit, or restriction which would cause reasonably be expected to have a Material Adverse Effect. Borrower is not in violation of any agreement to which it is a party agreement, which violation would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Winston Hotels Inc)

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