Common use of Condition of Project Clause in Contracts

Condition of Project. Neither the Project nor any part thereof is now damaged or injured as result of any fire, explosion, accident, flood or other casualty or has been the subject of any Taking, and to the knowledge of the Borrower, no Taking is pending or contemplated.

Appears in 6 contracts

Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

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Condition of Project. Neither the Project nor any part thereof is now damaged or injured as result of any fire, explosion, accident, flood or other casualty or has been the subject of any Taking, and no Taking is pending or to the knowledge of the Borrower, no Taking is pending or Borrower contemplated.

Appears in 2 contracts

Samples: Construction Loan Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc)

Condition of Project. Neither That neither the Project nor any part portion thereof is now damaged or injured as result of any fire, explosion, accident, flood or other casualty or has been the subject of any Taking, and to the knowledge of the BorrowerCompany, no Taking is pending or contemplated.

Appears in 1 contract

Samples: Building Loan Agreement (Angiodynamics Inc)

Condition of Project. Neither the Project nor any part thereof is now damaged or injured in any material respect as result of any fire, explosion, accident, flood or other casualty or has been the subject of any TakingTaking (except as indicated in the Title Commitment), and to the knowledge of the Borrower, no Taking is pending or contemplated.

Appears in 1 contract

Samples: Construction Loan Agreement (OneBeacon Insurance Group, Ltd.)

Condition of Project. Neither the Project nor any part thereof is now damaged or injured in any material respect as result of any fire, explosion, accident, flood or other casualty or has been the subject of any Taking, and to the knowledge of the Borrower, no Taking is pending or contemplated.

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

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Condition of Project. Neither the Project nor any material part thereof is now damaged or injured as result of any fire, explosion, accident, flood or other casualty or has been the subject of any Taking, and to the knowledge of the Borrower, no Taking is pending or contemplated.

Appears in 1 contract

Samples: Loan Agreement (Franklin Street Partners Lp)

Condition of Project. Neither Except as otherwise disclosed in the Environmental Report, neither the Project nor any part thereof is now damaged or injured as result of any fire, explosion, accident, flood or other casualty or has been the subject of any Taking, and to the knowledge of the Borrower, no Taking is pending or contemplated.

Appears in 1 contract

Samples: Loan Agreement (Applied Science & Technology Inc)

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