Adverse Matters. The Borrower will promptly notify the Lender in writing of (a) any condition, event or act that comes to its attention that is reasonably likely to have a Material Adverse Effect; or (b) the occurrence of any Default or Event of Default.
Adverse Matters. Notwithstanding anything to the contrary in this Agreement, the Members hereby agree that with respect to any dispute, claim, litigation, arbitration, mediation or similar adverse action or proceeding between or involving the Company or any of its Subsidiaries, on the one hand, and any Member or any Affiliate of any Member, on the other hand, the Company shall act at the direction of a majority of the Board of Managers excluding for such purpose all Managers nominated by or otherwise Affiliated with such Member or its Affiliate.
Adverse Matters. No Tenant nor (to Tenant's knowledge) any Tenant Parties have been disqualified from participating in either the Medicare or Medicaid programs. Without limitation of the foregoing, no Tenant nor (to Tenant's knowledge) any of their respective officers, directors, members or managing employees or other contractors, subcontractors, employees or agents has engaged in any activities that are prohibited under criminal law, or are cause for civil penalties or mandatory or permissive exclusion from any Third Party Payor Program or any governmental health care program. There is no, and there shall continue to be no, to Tenant's knowledge threatened, existing or pending revocation, suspension, termination, probation, restriction, limitation or non-renewal affecting any Tenant or any Facility with regard to participation in any Third Party Payor Program or the applicable Authorizations to which any Tenant or Facility presently or at any time hereafter is/are subject.
Adverse Matters. The Seller has determined the Property may be subject to the following potential or existing title issues, liabilities, claims or responsibilities (“Adverse Matters”): *Seller is U.S. Bank National Association, as Trustee for Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-4* • Grass cut • Exterior debris • Vehicle removal • Roof (“Failure to maintain roof and overhangs to be in a safe and structurally sound manner with no defects which might admit rain or cause dampness in the walls or interior portion of the building”) Please review notice from city provided.
Adverse Matters. The Borrower will immediately notify the Lender in writing of (a) any condition, event or act which comes to its attention that would or might materially and adversely affect the Borrower’s financial condition or operations, the Collateral, or the Lender’s rights under the Financing Documents; (b) any litigation instituted or threatened against the Borrower after the date hereof and of the entry of any judgment or Lien against any of the assets or properties of the Borrower after the date hereof where the claims against the Borrower or any of its subsidiaries exceed Fifty Thousand Dollars ($50,000) and are not covered by insurance; (c) any Default or Event of Default, any judicial, administrative or arbitral proceeding pending against the Borrower; (d) any judicial or administrative proceeding known by the Borrower to be threatened against it which, if adversely decided, could materially adversely affect its financial condition or operations (present or prospective); (e) the receipt by the Borrower or any of its subsidiaries of any notice, claim or demand from any Governmental Authority which alleges that the Borrower or any subsidiary is in violation of any of the terms of, or has failed to comply with any applicable Laws regulating its operation and business, including, but not limited to, the Occupational Safety and Health Act and the Environmental Protection Act; and (f) loss through fire, theft, liability or property damage in excess of an aggregate of Fifty Thousand Dollars ($50,000).
Adverse Matters. The Seller has determined the Property may be subject to the following potential or existing title issues, liabilities, claims or responsibilities (“Adverse Matters”): Xxxxx acknowledges that they have received and viewed the attached City of Minneapolis website search of 21 violations from xxx.xxxxxxxxxxxxx.xxx. Buyer understands they will be responsible to complete all the repairs and will obtain the proper permits to bring the property into compliance once the property has been transferred to them.
Adverse Matters. 30 10.9 Certification..................................................................................30 10.10 No Reimbursement Audits or Appeals.............................................................30 10.11
Adverse Matters. The Seller has determined the Property may be subject to the following potential or existing title issues, liabilities, claims or responsibilities (“Adverse Matters”): Xxxxx acknowledges that they have received and viewed the attached NYC Department of Buildings Complaints by address, DOB violations, and OATH/ECB Violation Search by Location. Buyer understands they will be responsible to complete all the repairs and will obtain the proper permits to bring the property into compliance once the property has been transferred to them.
Adverse Matters. To the best of Tenant’s knowledge and except as set forth on Schedule 10.8 attached hereto, no Tenant nor any of their respective officers, directors, members or managing employees or other contractors, subcontractors, employees or agents has engaged in any activities that are prohibited under criminal law, or are cause for civil penalties or mandatory or permissive exclusion from any Third Party Payor Program or any governmental health care program. To the best of Tenant’s knowledge, there is no, and there shall continue to be no, threatened, existing or pending revocation, suspension, termination, probation, restriction, limitation or non-renewal affecting any Tenant or any Facility with regard to participation in any Third Party Payor Program or the applicable Authorizations to which any Tenant or Facility presently or at any time hereafter is/are subject.
Adverse Matters. If there are any matters that may adversely affect the Project (for example, by causing significant delay or reducing the scope of the Project), please provide relevant information.
