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 no Default or an Event of Default shall have occurred and be 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.
Representations and Warranties; Compliance with Conditions. (a) The representations and warranties of Mezzanine Borrower contained in this Agreement and the other Mezzanine 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 no Default or Event of Default shall have occurred and be continuing; and Mezzanine Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Mezzanine Loan Document on its part to be observed or performed; and
Representations and Warranties; Compliance with Conditions. The representations and warranties of Mezzanine Borrower contained in this Agreement and the other Mezzanine Loan Documents, and the Merger Representations and Warranties, 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 Default, Event of Default, Mortgage Default, Mortgage Event of Default, Senior Mezzanine Default or Senior Mezzanine Event of Default shall have occurred and be continuing; and Mezzanine Borrower shall be in compliance in all material respects with all terms and conditions set forth in this Agreement and in each other Mezzanine Loan Document on its part to be observed or performed. Notwithstanding the foregoing, (i) the breach or failure of a Property Specific Representation shall not constitute the failure to satisfy the condition precedent set forth in this Section 2.5.1 unless such breach or failure would result in a “Material Adverse Effect on the Company” (as such phrase is defined in the Merger Agreement), (ii) in the event of the breach or failure of a Property Specific Representation that results in a Portfolio MAE, Mezzanine Lender may require Mezzanine Borrower to effect a Mezzanine Lender-Initiated Substitution.
Representations and Warranties; Compliance with Conditions. 34 3.1.2 Loan Agreement and Note .................................. 34 3.1.3 Delivery of Loan Documents; Title Insurance; Reports; Leases, etc ................................................ 34 3.1.4
Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrowers 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 no event shall have occurred and be continuing that would constitute, by reason of the execution, delivery and performance of this Agreement or the other Loan Documents, the grant of the Liens on the Properties contemplated hereby, the making of the Loan, or the consummation of the other transactions contemplated by this Agreement or the other Loan Documents, a Default or an Event of Default; and Borrowers 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.
Representations and Warranties; Compliance with Conditions. All representations and warranties of Holdings contained in this Agreement or in any certificate or document delivered pursuant hereto shall be deemed to have been made again at the Closing and shall be true in all respects as of the Closing; and Holdings shall have performed and complied with all agreements and conditions required by this Agreement to be performed or complied with by it prior to or at the Closing; and Shareholders shall have been furnished with certificates of appropriate officers of Holdings dated the Closing Date, certifying to the fulfillment of the foregoing conditions.
Representations and Warranties; Compliance with Conditions. The representations and warranties of Grantor 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 no Default or an Event of Default shall have occurred and be continuing; and Grantor 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.
Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower contained in this Agreement and the other Loan Documents, and the Merger Representations and Warranties, 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 Default or Event of Default shall have occurred and be 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. Notwithstanding the foregoing, (i) the breach or failure of a Property Specific Representation shall not constitute the failure to satisfy the condition precedent set forth in this Section 2.5.1 unless such breach or failure would result in a “Material Adverse Effect on the Company” (as such phrase is defined in the Merger Agreement), (ii) in the event of the breach or failure of a Property Specific Representation that results in a Portfolio MAE, Lender may require Borrower to effect a Lender-Initiated Substitution.
Representations and Warranties; Compliance with Conditions. The representations and warranties of Borrower and Maryland Loan Guarantor 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 no Default or Event of Default shall have occurred and be continuing; and Borrower and Maryland Loan Guarantor 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.
Representations and Warranties; Compliance with Conditions. The representations and warranties of all Loan Parties contained in this Agreement and the other Loan Documents shall be true and correct in all material respects on and as of the Substitution Date after giving effect to the Substitution Event with the same effect as if made on and as of the Substitution Date, no Material Adverse Change shall have occurred, and no Default or Event of Default shall have occurred and be continuing (x) on the Substitution Date which will not be cured by the Substitution Event or (y) after giving effect to the Substitution Event.
