Illegal Activity. No portion of any Individual Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 10 contracts
Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Spirit Realty Capital, Inc.), Loan Agreement (Netreit, Inc.)
Illegal Activity. No portion of any of each Individual Property has been or will be purchased purchased, improved, equipped or furnished with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 10 contracts
Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of any Individual the Property has been or will be purchased purchased, improved, fixtured, equipped or furnished with proceeds of any criminal or other illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances substance at any Individual the Property.
Appears in 7 contracts
Samples: Mortgage and Security Agreement (Butler International Inc /Md/), Security Agreement (Hartman Commercial Properties Reit), Security Agreement (Ramco Gershenson Properties Trust)
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 6 contracts
Samples: Loan Agreement (W. P. Carey Inc.), Loan Agreement (Net Lease Office Properties), Loan Agreement (VICI Properties L.P.)
Illegal Activity. No portion of any Individual the Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 6 contracts
Samples: Loan Agreement (reAlpha Tech Corp.), Loan Agreement (Piedmont Office Realty Trust, Inc.), Loan Agreement (Wyndham International Inc)
Illegal Activity. No portion of any Individual Property has been or will be purchased with proceeds of any illegal activity activity, and to no part of the best proceeds of Borrower’s knowledge, there are no the Loan will be used in connection with any illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 5 contracts
Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)
Illegal Activity. No portion of any Individual Property has been or will be purchased in the future, in each case by Borrower or any Affiliate of Borrower, with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 5 contracts
Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)
Illegal Activity. No portion of any Individual Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 4 contracts
Samples: Management Agreement (Wyndham International Inc), Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (U-Store-It Trust)
Illegal Activity. No portion of any Individual Property or the Collateral has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 3 contracts
Samples: Mezzanine Loan Agreement (CNL Healthcare Trust, Inc.), Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)
Illegal Activity. No portion of any Individual Collateral Property has been or will be purchased by Borrowers with proceeds of any illegal activity and to the best of Borrower’s Borrowers’ knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Collateral Property.
Appears in 3 contracts
Samples: Lease Agreement (FelCor Lodging Trust Inc), Credit Agreement (FelCor Lodging Trust Inc), Term Loan Agreement (FelCor Lodging Trust Inc)
Illegal Activity. No portion of any Individual Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 3 contracts
Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp)
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower or any of its Affiliates with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 3 contracts
Samples: Loan Agreement (Entertainment Properties Trust), Loan Agreement (Entertainment Properties Trust), Credit Agreement (Entertainment Properties Trust)
Illegal Activity. No portion of any Individual Collateral Property has been or will be purchased by Borrowers with proceeds of any illegal activity and to the best of Borrower’s Borrowers' knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Collateral Property.
Appears in 2 contracts
Samples: Revolving Credit Agreement (FelCor Lodging LP), Revolving Credit Agreement (FelCor Lodging Trust Inc)
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower or Operating Lessee with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 2 contracts
Samples: Loan Agreement (Felcor Lodging Trust Inc), Loan Agreement (Felcor Lodging Trust Inc)
Illegal Activity. No portion of any Individual Property or the Collateral has been or will be purchased by Mortgage Borrower or Operating Lessee with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc)
Illegal Activity. No portion of any Individual the Property has been or will be purchased with proceeds of any illegal activity and and, to the best of Borrower’s knowledgeKnowledge, there are no illegal activities or activities relating to any controlled substances at the Property that would reasonably be expected to result in (a) the forfeiture or seizure of all or any Individual Propertyportion of the Property or (b) a Material Adverse Effect.
Appears in 2 contracts
Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc)
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower or any Affiliate of Borrower with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 1 contract
Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.)
Illegal Activity. No portion of any Individual Property has been ---------------- or will be purchased with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual Collateral or the Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual the Property has been or will be purchased with proceeds of any illegal activity and to the best of Individual Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual the Property has been or will be purchased by Borrower or Operating Lessee with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual the Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual the Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual the Property or the Collateral has been or will be purchased with proceeds of any illegal activity and to the best knowledge of Borrower’s knowledgeBorrower and the Owner Parties, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual Property has been or will be purchased by any Borrower with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 1 contract
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower or Operating Lessee with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 1 contract
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 1 contract
Illegal Activity. No portion of any Individual Property has been or will be purchased with proceeds of any illegal activity activity, and to no part of the best proceeds of Borrower’s knowledge, there are no the Loan have been or will be used in connection with any illegal activities or activities relating to any controlled substances at any Individual Propertyactivity.
Appears in 1 contract
Samples: Mortgage Loan Agreement (Ashford Hospitality Trust Inc)
Illegal Activity. No portion of any Individual Property has been or will be purchased by Borrower or Operating Lessee with proceeds of any illegal activity and to the best of Borrower’s 's knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 1 contract
Samples: Agreement (Felcor Lodging Trust Inc)
Illegal Activity. No portion of any Individual the Property or the Collateral has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual the Property.
Appears in 1 contract
Samples: Management Agreement (Piedmont Office Realty Trust, Inc.)
Illegal Activity. No portion of any Individual Property has been or will be purchased with proceeds of any illegal activity and to the best of Borrower’s knowledge, there are no illegal activities or activities relating to any controlled substances at any Individual Property.
Appears in 1 contract
Samples: Loan Agreement (Orchard Supply Hardware Stores Corp)
