Common use of Illegal Activity Clause in Contracts

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 166 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Necessity Retail REIT, Inc.), Loan Agreement (Healthcare Trust, Inc.)

AutoNDA by SimpleDocs

Illegal Activity. No portion of the Mortgaged Property has been or will be purchased with the proceeds of any illegal activity.

Appears in 106 contracts

Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Loan Agreement

Illegal Activity. No portion of the any Individual Property has been or will be purchased with proceeds of any illegal activity.

Appears in 41 contracts

Samples: Loan Agreement, Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Global Net Lease, Inc.)

Illegal Activity. No portion of any Individual Property or the Property Collateral has been or will be purchased with proceeds of any illegal activity.

Appears in 32 contracts

Samples: Mezzanine a Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (New York REIT, Inc.), Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.)

Illegal Activity. No portion of the Property has been or will be purchased purchased, improved, fixtured, equipped or furnished with proceeds of any illegal activityactivity and, to the best of Borrower’s knowledge, there are no illegal activities at or on the Property.

Appears in 23 contracts

Samples: Mortgage and Security Agreement, Agreement (60 East 42nd Street Associates L.L.C.), Mortgage and Security Agreement (250 West 57th St Associates L.L.C.)

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity, and no part of the proceeds of the Loan will be used in connection with any illegal activity.

Appears in 20 contracts

Samples: Work Letter Agreement (MPG Office Trust, Inc.), Loan Agreement (American Assets Trust, Inc.), Loan Agreement (Maguire Properties Inc)

Illegal Activity. No portion of the Property has been or will be purchased purchased, improved, equipped or furnished with proceeds of any illegal activityactivity and to the best of Borrower's knowledge, there are no illegal activities or activities relating to controlled substance at the Property.

Appears in 15 contracts

Samples: Mortgage and Security Agreement (Corporate Property Associates 15 Inc), Mortgage and Security Agreement (Corporate Property Associates 15 Inc), Mortgage and Security Agreement (Corporate Property Associates 15 Inc)

Illegal Activity. No portion of the any Property has been or will be purchased with proceeds of any illegal activity.

Appears in 12 contracts

Samples: Loan Agreement (Assisted 4 Living, Inc.), Loan Agreement (Pacific Office Properties Trust, Inc.), Loan Agreement (Global Medical REIT Inc.)

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity, and no part of the Property shall be utilized for illegal activity.

Appears in 7 contracts

Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Loan Agreement (Red Oak Capital Fund IV, LLC)

Illegal Activity. No portion of the Property Properties or the Collateral has been or will be purchased with proceeds of any illegal activity.

Appears in 6 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Mezzanine C Loan Agreement (Wyndham International Inc)

Illegal Activity. No portion of the Property or the Collateral has been or will be purchased with proceeds of any illegal activity.

Appears in 6 contracts

Samples: Mezzanine Loan Agreement (New York REIT, Inc.), Mezzanine Loan Agreement (Sun Communities Inc), Mezzanine Loan Agreement (Global Income Trust, Inc.)

Illegal Activity. No portion of the any Mortgaged Property has been or will be purchased with the proceeds of any illegal activity.

Appears in 3 contracts

Samples: Loan Agreement (Vinebrook Homes Trust, Inc.), Loan Agreement (Reven Housing REIT, Inc.), Loan Agreement (Front Yard Residential Corp)

Illegal Activity. No portion of the any Mortgaged Property has been or will be purchased with proceeds of any illegal activity.

Appears in 3 contracts

Samples: Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp), Master Repurchase Agreement (Winthrop Realty Trust)

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity, or is being used for any illegal activity.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Terra Tech Corp.), Loan Agreement (Terra Tech Corp.)

Illegal Activity. No portion of the Property or the Collateral has been or will be purchased by Mortgage Borrower or Borrower, as applicable, with proceeds of any illegal activity.

Appears in 3 contracts

Samples: Loan Agreement (Vici Properties Inc.), Mezzanine a Loan Agreement (Vici Properties Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)

Illegal Activity. No portion of the Property Properties has been or will be purchased with proceeds of any illegal activity.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

Illegal Activity. No portion of the Property has been or will be purchased purchased, improved, fixtured, equipped or furnished with proceeds of any illegal activityactivity and, to the best of Borrower's knowledge, there are no illegal activities at or on the Property.

Appears in 3 contracts

Samples: Mortgage, Security Agreement and Fixture Filing (Felcor Lodging Trust Inc), Mortgage and Security Agreement (Cornerstone Realty Income Trust Inc), Mortgage and Security Agreement (Cornerstone Realty Income Trust Inc)

Illegal Activity. No portion of the Property has been or will be purchased purchased, improved, equipped or furnished with proceeds of any illegal activityactivity and, to the best of Borrower’s knowledge, there are no illegal activities or activities relating to controlled substances at the Property.

Appears in 2 contracts

Samples: Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (AmREIT, Inc.)

Illegal Activity. No portion of the purchase price for the Property has been or will be purchased paid with proceeds of any illegal activity.

Appears in 2 contracts

Samples: Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc)

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 2 contracts

Samples: Ener1 Inc, Mortgage and Security Agreement (Cedar Shopping Centers Inc)

Illegal Activity. No portion of the Property has been or will be purchased purchased, improved, equipped or furnished with proceeds of any illegal activity.

Appears in 2 contracts

Samples: Loan Agreement (Soho House & Co Inc.), Loan Agreement (Ashford Hospitality Trust Inc)

Illegal Activity. No portion of the Property has Properties have been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Sun Communities Inc)

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity and no part of the proceeds of the Loans will be used in connection with any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Illegal Activity. No portion of any of the Property Properties has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Parking REIT, Inc.)

Illegal Activity. No portion of the Property has been or ------------- will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Agreement (Sl Green Realty Corp)

AutoNDA by SimpleDocs

Illegal Activity. No portion of any of the Property has been or will be purchased purchased, improved, equipped or furnished with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Digital Realty Trust, Inc.)

Illegal Activity. No portion of the Property has been or will be purchased by Borrower, Hotel Lessee or Mortgage Borrower with proceeds of any illegal activity.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (NRI Real Token Inc.)

Illegal Activity. No portion of the Property has been or will be purchased or operated with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc)

Illegal Activity. No portion of the Property related Financed Properties has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Credit Agreement (STORE CAPITAL Corp)

Illegal Activity. No portion of the any Individual Property has been or will be purchased by Owner with proceeds of any illegal activity.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Capitalsource Inc)

Illegal Activity. No portion of the any Individual Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (BlueLinx Holdings Inc.)

Illegal Activity. No portion of the Mortgaged Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan and Security Agreement (CNL Hotels & Resorts, Inc.)

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity.activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at the Property. 4.1.33

Appears in 1 contract

Samples: Loan Agreement (CaliberCos Inc.)

Illegal Activity. No portion of the either Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Maguire Properties Inc)

Illegal Activity. No portion of the Property has been or will be purchased by Borrower or any other Restricted Party with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Hard Rock Hotel Holdings, LLC)

Illegal Activity. No portion of the Property has been or ---------------- will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Kilroy Realty Corp

Illegal Activity. No portion of the Property has been or will be purchased with proceeds of any illegal activity.

Appears in 1 contract

Samples: Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

Illegal Activity. No portion of the Property has been or will be purchased by Borrower or Mortgage Borrower with proceeds of any illegal activity.

Appears in 1 contract

Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Illegal Activity. No portion of the Property or the Collateral has been or will be purchased with the proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Rafael Holdings, Inc.)

Illegal Activity. No portion of the Property has been or will be purchased by any Borrower with proceeds of any illegal activity.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.