Common use of Representations and Warranties; Compliance with Conditions Clause in Contracts

Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and Lender shall have determined that no Default or an Event of Default has occurred and is continuing nor will any Default or Event of Default occur immediately following the Closing Date; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Loan Agreement (CNL Income Properties Inc)

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Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Closing Date date hereof with the same effect as if made on and as of such date, and Lender shall have determined that no Default or an Event of Default has shall have occurred and is be continuing nor will any Default or Event of Default occur immediately following the Closing Date; date hereof and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Junior Mezzanine Loan Agreement (Maguire Properties Inc)

Representations and Warranties; Compliance with Conditions. The representations and warranties of the Borrower contained in this Agreement and the or any other Loan Documents Document shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and no Event of Default shall have occurred and be continuing (provided, however, that Lender shall have determined that no Default or an obligation to accept a cure of any Event of Default has occurred and is continuing nor will any Default or Event of Default occur immediately following the Closing DateDefault); and the Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.;

Appears in 1 contract

Samples: Loan Agreement (BRT Realty Trust)

Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and Lender shall have determined that no Default or an Event of Default has shall have occurred and is continuing nor will any Default or Event of Default occur immediately following the Closing Date; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Term Loan Agreement (Developers Diversified Realty Corp)

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Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower and Affiliated Lessee contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Closing Date with the same effect as if made on and as of such date, and Lender shall have determined that no Default or an Event of Default has shall have occurred and is be continuing nor will any Default or Event of Default occur immediately following the Closing Date; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Loan Agreement (RFS Partnership Lp)

Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Closing Date and, as to a Subsequent Advance, on and as of the Subsequent Advance Closing Date and, with respect to the final advance of the Initial Loan, on the date of funding same with the same effect as if made on and as of such date, and Lender shall have determined that no Default or an Event of Default has shall have occurred and is continuing nor will any Default or Event of Default occur immediately following the Closing Datebe continuing; and Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Loan Document on its part to be observed or performed.

Appears in 1 contract

Samples: Loan Agreement (Horizon Group Inc)

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