Common use of Suits and Proceedings Clause in Contracts

Suits and Proceedings. As of the Effective Date, except as listed in Exhibit E, there are no legal actions, suits or similar proceedings pending and served, or To Seller’s Knowledge, threatened (in writing) against the Property, relating to the Property, or Seller’s ownership or operation of the Property, including without limitation, condemnation, takings by an Authority or similar proceedings, which individually or in the aggregate would have a material adverse effect on the Property.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (Hines Global REIT, Inc.), Sale Agreement (Hines Global REIT, Inc.)

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Suits and Proceedings. As of the Effective Date, except as listed in Exhibit E, there are no legal actions, suits or similar proceedings pending and servedserved on Seller, or To to Seller’s 's Knowledge, threatened (in writing) against the PropertySeller, relating to the Property, Property or Seller’s 's ownership or operation of the Property, including without limitationwhich are not adequately covered by existing insurance or, condemnationif adversely determined, takings by an Authority or similar proceedings, which individually or in would materially adversely affect the aggregate would have a material adverse effect on value of the Property, the continued operations thereof or Seller's ability to perform Seller's obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (Maguire Properties Inc), Agreement of Sale and Purchase (Maguire Properties Inc)

Suits and Proceedings. As of the Effective Date, except as listed in Exhibit EC, there are no legal actions, suits or similar proceedings pending and served, or To to Seller’s Knowledge, threatened (in writing) against the Property, Seller relating to the Property, or Seller’s ownership or operation of the Property, including without limitation, limitation condemnation, takings by an Authority or similar proceedings, which individually or in the aggregate would have a material adverse effect on the Property.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Cole Office & Industrial REIT (CCIT II), Inc.)

Suits and Proceedings. As of the Effective Date, except as listed in Exhibit E, there are no legal actions, suits or similar proceedings pending and served, or To Seller’s Knowledge, threatened (in writing) against the Property, relating to the Property, or Seller’s ownership or operation of the Property, including without limitation, condemnation, takings by an Authority or similar proceedings, which individually or in the aggregate would have a material adverse effect on the Property.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Global REIT, Inc.)

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Suits and Proceedings. As of the Effective Date, except as listed in Exhibit E, there are no legal actions, suits or similar proceedings pending and served, or To to Seller’s Knowledge, threatened (threatened, in writing) , against the Property, relating to the Property, or Seller’s ownership or operation of the Property, including without limitation, condemnation, takings by an Authority or similar proceedings, which individually or in the aggregate would have a material adverse effect on the Property.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Global REIT, Inc.)

Suits and Proceedings. As of the Effective Date, except as listed in Exhibit EF, there are no legal actions, suits or similar proceedings pending and servedserved or, or To to Seller’s Knowledge, threatened (in writing) against the Property, relating to the Property, Seller or Seller’s ownership or operation of the Property, including without limitation, condemnation, takings by an Authority or similar proceedings, which individually or in the aggregate would have a material adverse effect on the Property.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

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