Common use of Title to Project and Legal Proceedings Clause in Contracts

Title to Project and Legal Proceedings. Original Borrower is the current owner of fee title in the Project. There are no pending or threatened suits, judgments, arbitration proceedings, administrative claims, executions or other legal or equitable actions or proceedings against Original Borrower or the Project, or any pending or threatened condemnation proceedings or annexation proceedings affecting the Project, or any agreements to convey any portion of the Project, or any rights thereto to any person, entity, or government body or agency not disclosed in this Agreement.

Appears in 6 contracts

Samples: Note and Mortgage Assumption Agreement, Note and Mortgage Assumption Agreement, Note and Mortgage Assumption Agreement (American Realty Capital Healthcare Trust Inc)

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Title to Project and Legal Proceedings. Original Current Borrower is the current owner of fee title in the Project. There are no pending or threatened suits, judgments, arbitration proceedings, administrative claims, executions or other legal or equitable actions or proceedings against Original Current Borrower or the Project, or any pending or threatened condemnation proceedings or annexation proceedings affecting the Project, or any agreements to convey any portion of the Project, or any rights thereto to any person, entity, or government body or agency not disclosed in this Agreement.

Appears in 2 contracts

Samples: Note and Mortgage Assumption Agreement, Note and Mortgage Assumption Agreement (Alexander & Baldwin, Inc.)

Title to Project and Legal Proceedings. Original Borrower is the current owner of fee title in the Project. There are no pending or threatened suits, judgments, arbitration proceedings, administrative claims, executions or other legal or equitable actions or proceedings against Original Borrower, Original Borrower Manager or the Project, or any pending or threatened condemnation proceedings or annexation proceedings affecting the Project, or any agreements to convey any portion of the Project, or any rights thereto to any person, entity, person or government body or agency entity not disclosed in this Agreement., including, without limitation, any government or governmental agency,

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (Acadia Realty Trust)

Title to Project and Legal Proceedings. Original Borrower is the current owner of fee title in the Project. There Except as specifically disclosed to Lender in writing, there are no pending or threatened suits, judgments, arbitration proceedings, administrative claims, executions or other legal or of equitable actions or proceedings against Original Borrower or the Project, or any pending or threatened condemnation proceedings or annexation proceedings affecting the Project, or any agreements to convey any portion of the Project, or any rights thereto to any person, entity, person or government body or agency entity not disclosed in this Agreement, including, without limitation, any government or governmental agency.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (Cedar Income Fund LTD /Md/)

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Title to Project and Legal Proceedings. Original Borrower is the current owner owners of fee title in the Project. There are no pending or threatened suits, judgments, arbitration proceedings, administrative claims, executions or other legal or equitable actions or proceedings against Original Borrower or the Project, or any pending or threatened condemnation proceedings or annexation proceedings affecting the Project, or any agreements to convey any portion of the Project, or any rights thereto to any person, entity, or government body or agency not disclosed in this Agreement.

Appears in 1 contract

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.)

Title to Project and Legal Proceedings. Original Borrower is the current owner of fee title in the Project, subject to the matters set forth in Lender’s loan title insurance policy for the Project. There are no pending or threatened suits, judgments, arbitration proceedings, administrative claims, executions or other legal or equitable actions or proceedings against Original Borrower or the Project, or any pending or threatened condemnation proceedings or annexation proceedings affecting the Project, or any agreements to convey any portion of the Project, or any rights thereto to any person, entity, or government body or agency not disclosed in this Agreement.

Appears in 1 contract

Samples: Note and Mortgage Assumption Agreement (Independence Realty Trust, Inc)

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