Common use of Litigation; Adverse Effects Clause in Contracts

Litigation; Adverse Effects. (i) There is no action, suit, proceeding, governmental investigation or arbitration, at law or in equity, or before or by any Governmental Authority, pending, or to best of the REIT's knowledge, threatened against the REIT, any of its Subsidiaries or any of their respective Properties in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; and

Appears in 8 contracts

Samples: Loan Agreement (Equity Lifestyle Properties Inc), Credit Agreement (Manufactured Home Communities Inc), Loan Agreement (Manufactured Home Communities Inc)

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Litigation; Adverse Effects. (i) There is no action, suit, proceeding, governmental investigation or arbitration, at law or in equity, or before or by any Governmental Authority, pending, or to best of the REIT's knowledge, threatened against the REIT, any of its Subsidiaries or any of their respective Properties in which there is a reasonable possibility of an adverse decision that could have a Material Adverse Effect; and.

Appears in 1 contract

Samples: Credit Agreement (Manufactured Home Communities Inc)

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