Common use of Governmental Plan Clause in Contracts

Governmental Plan. The Borrower is not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower are not and will not be subject to state statutes applicable to the Borrower's regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 2 contracts

Sources: Mezzanine Loan Agreement (Lodgian Inc), Mezzanine Loan Agreement (Lodgian Inc)

Governmental Plan. The No Borrower is not and or will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower Borrowers are not and will not be subject to state statutes applicable to the Borrower's Borrowers' regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 2 contracts

Sources: Mezzanine Loan Agreement (Lodgian Inc), Mezzanine Loan Agreement (Lodgian Inc)

Governmental Plan. The Borrower is Borrowers are not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower are not and will not be subject to state statutes applicable to the Borrower's Borrowers regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Sources: Loan and Security Agreement (Education Realty Trust, Inc.)

Governmental Plan. The Borrower is not and will not be a "governmental plan" (within the meaning of Section 3(32) of ERISA ERISA) and transactions by or with the Borrower are not and will not be subject to state statutes applicable to the Borrower's Borrower regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Sources: Loan Agreement (Prime Group Realty Trust)

Governmental Plan. The Borrower is not and will not be a "governmental ----------------- plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower are not and will not be subject to state statutes applicable to the Borrower's Borrower regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Sources: Loan and Security Agreement (Ventas Inc)

Governmental Plan. The No Borrower is not and or will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower Borrowers are not and will not be subject to state statutes applicable to the Borrower's Borrowers regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Sources: Loan and Security Agreement (HRPT Properties Trust)

Governmental Plan. The Borrower is not and will not be a "β€œgovernmental plan" ” within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower are not and will not be subject to state statutes applicable to the Borrower's such Borrowers regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Sources: Loan and Security Agreement (Digital Realty Trust, Inc.)

Governmental Plan. The Borrower is not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower are not and will not be subject to state statutes applicable to the Borrower's regulating investments of and fiduciary obligations with obligations with respect to governmental plans.

Appears in 1 contract

Sources: Loan and Security Agreement (HRPT Properties Trust)