Common use of Lien Search Reports Clause in Contracts

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in each Borrower, the Operating Lessee and each Manager.

Appears in 10 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches and title updates conducted by a search firm reasonably acceptable the companies issuing the Title Insurance Policy with respect to Lender. Such searches shall have been received in relation to each the Collateral, Guarantor, Borrower and each equity owner the Member, such searches to be conducted in each Borrower, of the Operating Lessee and each Managerlocations required by Lender.

Appears in 10 contracts

Samples: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”)UCC, federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such searches shall have been received in relation to each Borrower, and certain members of the Borrower and each equity owner Control Group. Such searches shall have been conducted in each Borrower, of the Operating Lessee and each Managerlocations designated by Lender in Lender's reasonable discretion.

Appears in 5 contracts

Samples: Loan Agreement (Lazard Freres Real Estate Investors LLC), Loan Agreement (Lazard Freres Real Estate Investors LLC), Loan Agreement (Lf Strategic Realty Investors Ii L P)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches and title updates conducted by a search firm reasonably firms and/or title companies acceptable to Lender. Such searches shall have been received in relation Lender with respect to each Borrower and each equity owner in each the Collateral, Borrower, the Operating Lessee Mortgaged Property and the Guarantor, such searches to be conducted in each Managerof the locations as Lender shall reasonably require.

Appears in 5 contracts

Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches and title updates conducted by a search firm reasonably acceptable the companies issuing the Title Insurance Policy with respect to Lender. Such the Collateral, Guarantor and Borrower, such searches shall have been received in relation to each Borrower and each equity owner be conducted in each Borrower, of the Operating Lessee and each Managerlocations required by Lender.

Appears in 5 contracts

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

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the "UCC Searches"), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in each Borrower, the Operating Lessee Borrower and each Manager.

Appears in 3 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the "UCC Searches"), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in each Borrower, the Operating Lessee and each Manager.

Appears in 3 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches and title updates conducted by a search firm reasonably acceptable the companies issuing the Title Insurance Policy with respect to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in each the Collateral, Guarantor, Borrower, the Operating Lessee General Partner and the Member, such searches to be conducted in each Managerof the locations required by Lender.

Appears in 2 contracts

Samples: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”)UCC, federal tax lien, bankruptcy, state tax lien, bankruptcy, judgment and pending litigation searches conducted by a search firm reasonably acceptable to LenderLender (collectively, the "UCC Searches"). Such searches UCC Searches shall have been received in relation to Borrower, Guarantor, each Borrower Asset Guarantor and each equity owner in each Borrower, the Operating Lessee and each ManagerAsset.

Appears in 2 contracts

Samples: Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the "UCC Searches"), federal tax lienLien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in Borrower. Such searches shall have been conducted in each Borrower, of the Operating Lessee locations designated by Lender in Lender's reasonable discretion and each Managershall have been dated not more than fifteen (15) days prior to the Closing Date.

Appears in 2 contracts

Samples: Loan Agreement (Burnham Pacific Properties Inc), Loan Agreement (Burnham Pacific Properties Inc)

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Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches and title updates conducted by a search firm reasonably acceptable the companies issuing the Title Insurance Policy with respect to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in each Borrowerthe Collateral, the Guarantor, Operating Lessee and Borrower, such searches to be conducted in each Managerof the locations required by Lender.

Appears in 1 contract

Samples: Loan Agreement (Great Wolf Resorts, Inc.)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”)UCC, federal tax lien, bankruptcy, state tax lien, bankruptcy, judgment and pending litigation searches conducted by a search firm reasonably acceptable to LenderLender (collectively, the "UCC Searches"). Such searches UCC Searches shall have been received in relation to each Borrower Borrower, Guarantor and each equity owner of the Property (or any portion thereof) immediately prior to the acquisition of the Property by Borrower (to the extent that Borrower is acquiring the Property from such prior owner in each Borrower, connection with the Operating Lessee and each ManagerLoan).

Appears in 1 contract

Samples: Loan Agreement (IMH Financial Corp)

Lien Search Reports. The Lender shall have received satisfactory reports of UCC (collectively, the "UCC Searches"), federal tax lien, bankruptcy, state tax lien, lien and judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such the Lender with respect to the Collateral and the Borrower, such searches shall have been received in relation to each Borrower and each equity owner be conducted in each Borrower, of the Operating Lessee and each Managerlocations set forth on Exhibit I attached hereto.

Appears in 1 contract

Samples: Loan Agreement (Echelon International Corp)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the "UCC Searches"), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches and title updates conducted by a search firm reasonably acceptable the companies issuing the Title Insurance Policy with respect to Lender. Such searches shall have been received in relation to each the Collateral, Guarantor, Borrower and each equity owner the Member, such searches to be conducted in each Borrower, of the Operating Lessee and each Managerlocations required by Lender.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Lien Search Reports. Lender shall have received satisfactory reports of UCC (collectively, the “UCC Searches”), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such searches shall have been received in relation to each Borrower and each equity owner in each Borrower, the Operating Lessee and each Manager.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Trust Inc)

Lien Search Reports. Lender shall have received satisfactory (i.e., showing no Liens other than Permitted Encumbrances) reports of UCC (collectively, the "UCC Searches"), federal tax lien, bankruptcy, state tax lien, judgment and pending litigation searches conducted by a search firm reasonably acceptable to Lender. Such Lender with respect to the Collateral, FFC, FOH and FGI, such searches shall have been received in relation to each Borrower and each equity owner be conducted in each Borrower, of the Operating Lessee and each Managerlocations set forth on Exhibit V attached hereto.

Appears in 1 contract

Samples: Loan Agreement (Forum Group Inc)

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