Common use of Defect Notices Clause in Contracts

Defect Notices. To Seller’s knowledge, none of Seller, the Transferred Companies, the Property Managers, or Illinois Manager have received any notice from the holders of any mortgages presently encumbering the Property, any insurance company which has issued a policy with respect to the Property or from any board of fire underwriters claiming any defects or deficiencies in the Property or suggesting or requesting the performance of any repairs, alterations or other work to the Property, which have not been cured.

Defect Notices. To Seller’s knowledge, none of Seller, the Transferred CompaniesTrust, the Property ManagersManager, or Illinois Manager or Riverside LLC have received any notice from the holders holder of any mortgages mortgage presently encumbering the Property, any insurance company which has issued a policy with respect to the Property or from any board of fire underwriters claiming any defects or deficiencies in the Property or suggesting or requesting the performance of any repairs, alterations or other work to the Property, which have not been cured.